- Study guides, Class notes & Summaries

The transition from traditional managerial capitalism to financial capitalism The paradigm shift in the US business model and economic system in the post-1980 period

Roles and responsibilities of business in society, focusing on the evolution of corporate social responsibility from the Triple Bottom Line concept to the more comprehensive ESG (Environmental, Social, and Governance) framework Triple Bottom Line Environmental, Social and Governance

Gross Domestic Product (GDP) (Measuring Living Standards) Various approaches to GDP Nominal GDP vs. Real GDP (+ price index) Growth Decomposition

Concepts of globalization and international trade, examining their impact on economies, businesses, and societies from a macro perspective Globalization How global trade works Impact from global trade

Marketing frameworks: What is marketing and why it is important. How marketing is used in business Market segmentation 4 Ps of marketing What makes an effective business value proposition

Classical Capitalism vs. Modern Managerial Capitalism in the three dimensions of a profitable insitution: firms, workers, and markets PLUS Private Property.

Overview of bio-technology What bio-technology is, its important features, the problem(s) it solves, and how it works Potential business applications for bio-technology Risks, challenges, and potential unintended consequences associated with bio-technology

Overview of drones What the drones are, its important features, the problem(s) it solves, and how it works Potential business applications for drones Risks, challenges, and potential unintended consequences associated with drones

A introduction on the role of business, and the role of stakeholders in business. What is the 1st, 2nd 3rd and 4th Industrial Revolution Purpose of business and the role of business in society Stakeholder Theory