With an emphasis on the Workplace 2000, the third edition of THE FUTURE OF BUSINESS showcases the dramatic changes occurring in the business environment and helps students understand business trends, anticipate future business conditions, and prepare for successful careers. The three themes of the text include: 1. "Business in the 21st Century" covers current business principles and practices as they occur in today's world; 2. "Capitalizing on Trends in Business" explores new business trends and how they are reshaping today's business landscape and altering tomorrow's competitive environment; and 3. "Applying This Chapter's Topics" speaks directly to the student and present practical suggestions for preparing for the business environment of tomorrow. In addition, new skills development features respond to the growing interest in the SCANS initiative (development of workplace competencies) and requests for a more applied approach to the course.
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Part I: THE BUSINESS ENVIRONMENT. 1. Understanding Economic Systems and Business. 2. Making Ethical Decisions and Managing a Socially Responsible Business. Appendix: Understanding the Legal and Tax Environment. 3. Competing in the Global Marketplace. Part II: BUSINESS OWNERSHIP. 4. Forms of Business Ownership. 5. Entrepreneurship: Starting and Managing Your Own Business. Part III: BUSINESS MANAGEMENT. 6. Management and Leadership in Today's Organizations. 7. Designing Organizational Structures. 8. Managing Human Resources and Labor-Management Issues. 9. Motivating Employees and Creating Self-Managed Teams. 10. Achieving World-class Operations Management. Part IV: MARKETING MANAGEMENT. 11. Creating Products and Developing Pricing Strategies. 12. Distributing and Promoting New Products and Services. Part V: TECHNOLOGY AND INFORMATION. 13. Using Technology to Manage Information. 14. Using Financial Information and Accounting. Part VI: FINANCE. 15. Understanding Money and Financial Institutions. 16. Financial Management and Securities Markets. Appendix: Managing Risk and Insurance. Online Enrichment Chapter: Managing Your Personal Finances. Online Enrichment Chapter: Using the Internet for Business Success.
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