BUS 200- Midterm Exam Guide - Comprehensive Notes for the exam ( 26 pages long!)
13 Oct 2017
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Document Summary
Cradle to cradle i. ii. iii. iv. v. vi. Stop being bad : lower intake, saving energy, sustainability. The concept of waste = food: elimination of waste in the beginning of production: page. Brute force: design products to forcefully fit into the environment (round peg in a square hole) viii. Culture of monoculture: the lack of diversity and creation ix. x. Crude products: products that are designed not for humans. Globalization: the trend towards a more integrated global economic system. The globalization of markets: the international markets which were previously separated but are now becoming integrated, to make one huge global market place. The globalization of production: refers to where you produce your goods and services, the locations that you choose so you are taking advantage of national differences and costs, as well as quality. The factors of production: cost of land, cost of labor, where would you get the most capital, etc.
