BUS 1050 Lecture Notes - Lecture 1: Artificial Scarcity, Protestantism, Resource Management
16 Jan 2017
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By mixing liberal arts with the teachings of business, it is believed that ceos will be more pure and business will have less fraud. Going to focus on the modes of capitalism. Capitalism is a means by people enriching themselves through a product or stocks. What does a corporation owe its employees and owe the world. Focus on religion through the lense of catholicism and protestantism. Acquisitiveness having to do with having goods for use and for show over others. 2 theories being taught are scarcity theory and dialectical theory. Scarcity theory is where all business begins. In the age prior to industrialization was more serious than it is now. Scarcity can be due to drought, overpopulation, etc. Natural scarcity can be caused from drought, extremely cold climates, things we can"t control very well. We can contribute to it but can"t control it. Artificial scarcity, the resource managers are the people that are able to contribute the resources.
