Management’s Global, Economic, Political, and Social View of the World

As an owner or manager of a business there are many ideas and perspectives that who have to explore. A business is not alone successful through its products or services, but also on how the owner is able to think critically and carefully. The world we live in today is full of many different dimensions. People now have to analyze things on all levels including global, economic, political, and social changes. The society in which we live in is becoming more global than ever before. It is virtually impossible for people to be business owners or even consumers without exploring these views. An Italian restaurant located in Philadelphia must be able to handle global, economic, political, and social changes. Throughout this paper I will show the significance of these issues and the effect they have on a business.

When we think of the economy an important factor is inflation. If the level of inflation continues to rise, the value of the dollar decreases. If the value of the dollar decreases, there is less that one can purchase with one dollar compared to previous years. Many people may not see the significance between inflation and an Italian restaurant, but it is most likely that products will be imported from other countries such as Italy or even Spain. With a dollar that is decreasing in value, it can deter other countries from accepting the United States currency because of its worth. This change in the value of a dollar could also cause prices to rise for the restaurant due to declining value of the dollar. Raising prices may be the only way that businesses could cope with the increasing importing prices. From the decrease in the dollar a small business can be affected through their purchasing powers and in turn will lose costumers.

Read the rest of this entry »

Quantum Economics – Philosophy of the Economy – How Marketism Deals With Inflation?

Because the Economic system of Marketism is a product of Quantum Economics the vibrating volatile fluctuating energies of real markets are freely adjusted (not controlled) by Parameters: Regulatory and Functional (Refer to Quantum Economics Part Four – “Formulas of Positive Fluctuations”)

The inflationary forces would occur when the Parameters do not properly adjust these Energies and these would “buildup” waves which would exceed the “Demand to Supply” Grid of these Markets.

Read the rest of this entry »