Describe the basic environments (legal, social, economic) in which a business operates. APA style. Minimum 2 references. Minimum 550 words. NO PLAGARISM!!!



Given the importance of business in an economy, discuss any TWO of the following issues providing examples wherever possible. Format your report so that each section will be clearly identified.


Try to give approximately equal weight to each topic chosen.


  • Business can be structured in many different ways and the approach chosen usually reflects the type of business operation. Discuss.

  • Ethical principles contribute to good business operations. Discuss

  • In the modern world Corporate Social Responsibility is of increasing importance. Why?

  • Staring a new business may seem relatively easy but succeeding with a new business is not. Discuss.

  • There is little difference between service and manufacturing business. Discuss.




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