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	<title>Takdang Aralin &#187; Management</title>
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		<title>Management: Kinds of Economic System</title>
		<link>http://www.takdangaralin.com/management/management-kinds-of-economic-system/</link>
		<comments>http://www.takdangaralin.com/management/management-kinds-of-economic-system/#comments</comments>
		<pubDate>Sat, 01 May 2010 01:46:38 +0000</pubDate>
		<dc:creator>Lhenn</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[capitalist economic system]]></category>
		<category><![CDATA[communism economic system]]></category>
		<category><![CDATA[economic market system]]></category>
		<category><![CDATA[economic systems]]></category>
		<category><![CDATA[market economic system]]></category>
		<category><![CDATA[philippines economic system]]></category>
		<category><![CDATA[socialism economic system]]></category>
		<category><![CDATA[socialist economic system]]></category>
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		<category><![CDATA[three economic system]]></category>
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		<description><![CDATA[1.&#160;&#160;&#160;&#160;&#160; Capitalism is a system in which the means of production are owned and operated by private individuals.&#160; It is a system of economic organization wherein privately-owned capital, and property rights are privately invested with the ultimate aim of personal gain.
 

Capitalism depends on the actions of capital owners, who are called capitalists or providers [...]


Related posts:<ol><li><a href='http://www.takdangaralin.com/management/management-kinds-of-business/' rel='bookmark' title='Permanent Link: Management: Kinds of Business'>Management: Kinds of Business</a></li><li><a href='http://www.takdangaralin.com/management/relationship-between-business-and-the-economy/' rel='bookmark' title='Permanent Link: Relationship between Business and the Economy'>Relationship between Business and the Economy</a></li><li><a href='http://www.takdangaralin.com/management/elements-of-a-business-system/' rel='bookmark' title='Permanent Link: Elements of a Business System'>Elements of a Business System</a></li></ol>]]></description>
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		<title>Management: Kinds of Business</title>
		<link>http://www.takdangaralin.com/management/management-kinds-of-business/</link>
		<comments>http://www.takdangaralin.com/management/management-kinds-of-business/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 01:22:39 +0000</pubDate>
		<dc:creator>Lhenn</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business enterprise]]></category>
		<category><![CDATA[business system]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[kinds of business]]></category>
		<category><![CDATA[managing a business]]></category>
		<category><![CDATA[why people engage in business]]></category>

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		<description><![CDATA[Business activities may be divided into three kinds:

Industry 
Commerce 
Services 

 
This classification is based on the nature of principal activity performed by the business enterprise.

Industries involve the conversion of raw materials into finished products or goods and the application of labor upon raw materials so that greater usefulness becomes possible after the process in [...]


Related posts:<ol><li><a href='http://www.takdangaralin.com/management/relationship-between-business-and-the-economy/' rel='bookmark' title='Permanent Link: Relationship between Business and the Economy'>Relationship between Business and the Economy</a></li><li><a href='http://www.takdangaralin.com/management/responsibility-of-a-business-enterprise/' rel='bookmark' title='Permanent Link: Responsibility of a Business Enterprise'>Responsibility of a Business Enterprise</a></li><li><a href='http://www.takdangaralin.com/management/management-kinds-of-economic-system/' rel='bookmark' title='Permanent Link: Management: Kinds of Economic System'>Management: Kinds of Economic System</a></li></ol>]]></description>
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		<title>Why People Engage in Business</title>
		<link>http://www.takdangaralin.com/management/why-people-engage-in-business/</link>
		<comments>http://www.takdangaralin.com/management/why-people-engage-in-business/#comments</comments>
		<pubDate>Thu, 28 Jan 2010 00:47:29 +0000</pubDate>
		<dc:creator>Lhenn</dc:creator>
				<category><![CDATA[Management]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business system]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[maslow's ladder of needs]]></category>
		<category><![CDATA[people engage in business]]></category>
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		<category><![CDATA[want business]]></category>
		<category><![CDATA[why people engage in business]]></category>

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		<description><![CDATA[Human behavior, involves a complicated process of stimulus-and-response system to many factors and motives.&#160; People engage in business because of the following reasons:&#160; 

Power 
Profit 
Service to the community 
Prestige 
Livelihood 
Social approval, etc.. 

 

Businessmen want to profit, serve the community, and achieve prestige because of certain stimuli, and these are the motivational factors.&#160; [...]


Related posts:<ol><li><a href='http://www.takdangaralin.com/management/responsibility-of-a-business-enterprise/' rel='bookmark' title='Permanent Link: Responsibility of a Business Enterprise'>Responsibility of a Business Enterprise</a></li><li><a href='http://www.takdangaralin.com/management/management-kinds-of-business/' rel='bookmark' title='Permanent Link: Management: Kinds of Business'>Management: Kinds of Business</a></li><li><a href='http://www.takdangaralin.com/management/elements-of-a-business-system/' rel='bookmark' title='Permanent Link: Elements of a Business System'>Elements of a Business System</a></li></ol>]]></description>
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