Unit 2 Business Text A Ethics Supplementary information 1. Economic system An economic system is a system for producing, distributing and consuming goods and services,including the combination of the various institutions,agencies, consumers,entities that comprise the economic structure of a given society or community.It also includes how these various agencies and institutions are linked to one another,how information goes between them,and the social relations within the system
Text A Supplementary information 1. Economic system An economic system is a system for producing, distributing and consuming goods and services, including the combination of the various institutions, agencies, consumers, entities that comprise the economic structure of a given society or community. It also includes how these various agencies and institutions are linked to one another, how information goes between them, and the social relations within the system. Unit 2 Business Ethics
Unit 2 Business Text A Ethics Supplementary information Two of the basic and general economic system are market economy and planned economy.Market economy is an economic system in which businesses and individuals decide what to produce and buy,and the market determines quantities sold and prices,whereas planned economy is an economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency. Although a planned economy may be based on either centralized or decentralized forms of economic planning, it usually refers to a centrally planned economy
Text A Supplementary information Two of the basic and general economic system are market economy and planned economy. Market economy is an economic system in which businesses and individuals decide what to produce and buy, and the market determines quantities sold and prices, whereas planned economy is an economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency. Although a planned economy may be based on either centralized or decentralized forms of economic planning, it usually refers to a centrally planned economy. Unit 2 Business Ethics
Unit 2 Business Text A Ethics Supplementary information 2.Free enterprise Free enterprise refers to the system of business in which individuals are free to decide what to produce,how to produce it,and at what price to sell it
Text A Supplementary information 2. Free enterprise Free enterprise refers to the system of business in which individuals are free to decide what to produce, how to produce it, and at what price to sell it. Unit 2 Business Ethics
Unit 2 Text B Overview Business Ethics 1.What is an argumentative essay? An argumentative essay is a genre of writing whose function is to show that the author's assertion about some phenomenon or phenomena is correct or more truthful than others'.It requires the author to investigate a topic;collect,generate,and evaluate evidence;and establish a position on the topic in a concise manner.Argumentative essay assignments generally call for extensive research of literature or previously published material
Text B Overview 1. What is an argumentative essay? An argumentative essay is a genre of writing whose function is to show that the author’s assertion about some phenomenon or phenomena is correct or more truthful than others’. It requires the author to investigate a topic; collect, generate, and evaluate evidence; and establish a position on the topic in a concise manner. Argumentative essay assignments generally call for extensive research of literature or previously published material. Unit 2 Business Ethics
Unit 2 Text B Overview Business Ethics Argumentative assignments may also require empirical research where the author collects data through interviews,surveys,observations,or experiments. Detailed research allows the author to learn about the topic and to understand different points of view regarding the topic so that they may choose a position and support it with the evidence collected during research.Regardless of the amount or type of research involved,argumentative essays must establish a clear thesis and follow sound reasoning
Text B Overview Argumentative assignments may also require empirical research where the author collects data through interviews, surveys, observations, or experiments. Detailed research allows the author to learn about the topic and to understand different points of view regarding the topic so that they may choose a position and support it with the evidence collected during research. Regardless of the amount or type of research involved, argumentative essays must establish a clear thesis and follow sound reasoning. Unit 2 Business Ethics