Discover how business shapes society and personal success, with practical ideas you can apply today.
The Economics of Business examines what makes business productive for society as a whole and what benefits individuals gain from it. It discusses how some activities add to the total wealth people want, while others may enrich individuals without increasing overall wealth. The text also highlights workers’ health, safety, and efficiency as essential factors in long‑term business success, offering a grounded look at how environments, management, and policy influence performance.
Readers will gain a clear sense of the connections between production, organization, and human well‑being. The book presents practical considerations for employers—from air and temperature to lighting, sanitation, and health care—showing how these impact efficiency and costs. It also considers how labor conditions relate to productivity and the broader economy, all framed in accessible language for readers new to economic thinking.
Ideal for readers interested in the practical side of economics, business history, and how companies balance profitability with societal impact.
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During the past twenty-five years, American industrial and business life has undergone many changes. Increased competition cut profits to a narrow margin, and in order to lower costs, the entrepreneur has been driven to a study of factory conditions. The factory, therefore, is to-day the center of investigation and study. The wastes of time, energy and materials revealed by this study amazed even the most successful entrepreneurs. Efficiency, the modern watchword, demands organization, system, cost accounting, cooperation and coordination and touches business activities outside the factory, as advertising, buying and selling. No branch of industry has escaped investigation, and the result is a great awakening to the lack of method and system. This study of the various kinds of business activities has produced a literature treating different phases of business. Of all such contributions, the most significant are those made by successful business men who recounted their own experiences, pointed out the broad principles to be derived therefrom and explained the methods by which these principles may be specifically applied. From an analysis of such data, and from a study of the methods of many successful business enterprises have been deduced the fundamental principles underlying business. To express these principles in clear and simple language is the purpose of this book.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Vendeur : Revaluation Books, Exeter, Royaume-Uni
Paperback. Etat : Brand New. 416 pages. 9.00x6.00x0.94 inches. This item is printed on demand. N° de réf. du vendeur zk1440045992
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