BU111 Lecture Notes - Bachelor Of Business Administration, Triple Bottom Line, Baby Boomers
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BU111 Full Course Notes
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An overview of the business environment and how it affects managerial decision making. Office p3026 (peter"s building), x 2730, tuesday 10am 11:30 am or by appointment, @bu111_wlu. Established models and rules for doing business are broken. Disintermediation (the removal of the middle man), don"t need to go to. Data, data, data, lots of it, have to sift through it all. Vanishing distance and compressed time, produce things faster, distance between competitor is smaller. Demographics (the study of human population) driving change, ex. Baby boomers in canada, house markets, retirement etc. Globalization/interconnectedness and its impact: your competition was people that were close to you before, now it is everyone because everything is so easily accessible. Triple bottom line: before it was all about the bottom line, bigger profits, now is about responsibility to employees and environment, people, planet, profit. Business 111 lab manuel, twenty eighth edition: captus press, 2013. Environment (2nd customer edition): pearson publishing, toronto, 2012 (with access code)
