4. Definition
• Business to Americans is: private & profit
• Directly or indirectly owned and operated by private individuals
(or group) to make a profit
• Not all business are private
5. Business institutions
• More prestige in American society than any other organization
• Businesses are more efficient and better-run then the federal
government
WHY?
7. Competition
Business Institutions
• Americans’ view: business is competitive
• Competition is seen as the major source of
progress & prosperity
• Competition is not only a value but protects:
The values of individual freedom
“When the going gets tough, the
tough gets going”
The values of equality of opportunity
Encouraging hard work
8. Dream of getting rich
Business Institutions
• Business is seen as benefiting the
nation through competition
• Careers in business offer the best opportunity for the ambitious individual to
become wealthy
9. The Characteristics of American business
Business Institutions
• Business of America is: private & profit
• Business institutions possess the great
prestige for 2 reason:
The ideal of competition
Dream of getting rich
17. The Organization
man or woman
as hero
The Entrepreneur
as hero
Business StructuresAmerican Business Heroes
18. Business Structures
Entrepreneurs often began as common people- become “self-made”
millionaires
The Entrepreneur as hero
They succeed in building something great out of nothing
American Business Heroes
19. American Business Heroes
The hero rises from “rags to riches” and
fulfills the American Dream
The Entrepreneur as hero
A land of equality of opportunity
20. Entrepreneurs appeal to most Americans are strong dislike of submitting
to higher authority
The Entrepreneur as hero
American Business Heroes
Entrepreneurs often began as common people- become
“self-made” millionaires
They succeed in building something great out of nothing
21. The Entrepreneur as hero
American Business Heroes
Started Apple
Computer in his garage
Developed Microsoft
into a global giant
A self-made billionaire
25. American Business Heroes
The organization man or woman as hero
They are role models of success in American society
Run the business that are already established by others
Do not have a strong hero image as entrepreneurs
26. American Business Heroes
The organization man or woman as hero
Lee Iacocca ( October 15, 1924)
Chairman of Chrysler Corporation in
1979
The King of bankruptcy
He is ranked #5 among 25 business
leaders in American
28. American Business in the global market
• Example :
entire car was built in the US
In the past
• The operation : took place
almost entirely in the US.
29. • The US is the world’s largest importer and exporter
• American : a part of larger global economy
American Business in the global market
Most America’s television set, cameras, typewriters
from foreign companies
30. A General Motors car
• Total : $20,000
$6,000 to South Korea
$3,500 to Japan
$1,500 to Germany
$800 to Taiwan, Singapore, Japan
$500 to Britain
$100 to Ireland, Barbados
31. • a consumer society looking for goods from over of the world
The single largest market in the world
32. American becomes the global market
Investing abroad
Of the world’s 100 most
valuable brands, 62 are
American
33.
34.
35.
36. The changing American workforce
• Many changes have taken place in term of sex, race, job’s
attitude..
37. In the past
The changing American workforce
• White man: dominated American business
• Women : prevented by the glass ceiling
• Women , minorities: earn less money than men for doing the same
work
• Job’s attitude: job first, family second
38. • Women and minorities: increased their presence
• Women : entrepreneurs
The changing American workforce
39. Workforce 2000
Non whites, women, immigrants: 5/6 of net
addition to the workforce
White males: 15%
Foreign born worker
Multi-cultural workforce
