What role does business play in society

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What role does business play in society

  1. 1. What role does business play insociety?
  2. 2. 1: Employ People Provide people with : • income for living expenses • source of satisfaction and achievement • sense of identity and pride.
  3. 3. 2: Technological change and innovation • Competition delivers products which are better, cheaper or more convenient • Technology is the key to – lower costs – improved quality or – the delivery of goods/services more quickly
  4. 4. 3: Choice • offered to consumers when business sector is healthy and diverse • where you work, eat, shop and what you buy • allows people to specialise in what they do and interests pursued
  5. 5. 4: Entrepreneurship • many aspire to run own business • offers a sense of independence and control • can achieve dramatic success and build substantial wealth
  6. 6. 5: Social Role • a place where people meet, interact more than anywhere else outside of family • take people overseas or into situations they otherwise would not experience
  7. 7. 6: Basis of a nation’s economy • A strong economy is built on performance of business • Business success effects entire society • Increases wealth and economic activity
  8. 8. Google Office Zurich
  9. 9. Oprah http://www.neowin.net/news/main/08/10/
  10. 10. 16 2 Role of Business5 3 4

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