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Summary BUS309 Assignment2 THE ROLE CAPITALISM PLAYS.docx BUSINESS ETHICS ASSIGNMENT 21 The Role Capitalism Plays in Corporate Decision Making Strayer University BUS 309 BUSINESS ETHICS ASSIGNMENT 2 $7.49
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Summary BUS309 Assignment2 THE ROLE CAPITALISM PLAYS.docx BUSINESS ETHICS ASSIGNMENT 21 The Role Capitalism Plays in Corporate Decision Making Strayer University BUS 309 BUSINESS ETHICS ASSIGNMENT 2
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BUS309 Assignment2 THE ROLE CAPITALISM PLAYS.docx BUSINESS ETHICS ASSIGNMENT 21 The Role Capitalism Plays in Corporate Decision Making Strayer University BUS 309 BUSINESS ETHICS ASSIGNMENT 2 2 Capitalism plays a very large role i...
bus309 assignment2 the role capitalism playsdocx business ethics assignment 21 the role capitalism plays in corporate decision making strayer university bus 309 business ethics assignment 2
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BUSINESS ETHICS ASSIGNMENT 2 1
The Role Capitalism Plays in Corporate Decision Making
Strayer University
BUS 309
BUSINESS ETHICS ASSIGNMENT 2 2
, Capitalism plays a very large role in corporate decision-making here in America and around the
globe. In a capitalist society such as ours, those with their own companies and business who sell their product
can determine the price of what they sell and or exchanged. There are those who argue that the
United States does not have free market capitalism because citizens enjoy regulations for safe food and other
Goods (Bacca, 2013). Yes, the industry makes decisions on the price of various goods and services,but that
depends from state to state. In the end, the main point of capitalism is to let those with a dream, drive, and work
ethic to improve their standard of livingto gain an accumulation of wealth for themselves.
There isn’t any outside interference from government agencies trying to regulate what goods
and services can be sold,or at what price. When it comes to capitalism in corporations small and large alike,
these companies or corporations have complete control over their finances and property that they own. They
alone are responsible for their distribution of products, manufacture of, or supply of the goods and services
provided. They also have the right and benefit of private ownership in a capitalist society like the one we live in.
Any profits earned or lost are the responsibility of the corporation, and with that in mind owners and leaders can
make various decisions for the business based upon this.
Capitalism plays a major part in the decision making process for corporations that work under
it. Knowing this, the owners can make decisions that will help them increase profit
margins to the best of their ability. What products to push, advertisement, etc. all can be controlled by the
company or corporation. These decisions and others are based almost completely for their benefit. Profits
made from sales of products or services are kept for themselves and the growth of the corporation.This allows
for flexibility on how one would run his/her business. This is a fundamental privilege that is enjoyed under
capitalism.
BUSINESS ETHICS ASSIGNMENT 2 3
One great aspect of capitalism is that it is a driving force that helps to make choices in the
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