Economic Well Being Patagonia's Business contributes to society.…
Economic Well Being
Patagonia's Business contributes to society. (mixed market economy) : : :check:
Social Well Being
health, happiness and environmental improvements.
(eg) environmental grants and support new localism.
Culture Of Innovation And Entrepreneurship.
practices so their business can continue to grow. also in still a positive entrepreneurial trait in employees encourage them to take risks and look at new ways to prove products/processes.
Materials and tech. Recycled wallet, our ambassadors.
Well being in terms of their access to goods/services.
Mixed market economy ==> Private/Public shares.
- total value of production-total cost of production.
Economic Well Being
(2) Economic Growth
The value of production of goods services in the economy. Gross Domestic Product (GDP) is an indicator.
Patagonia works on low cost of production, recycles infrastructure + "worn wear".
Businesses employ people and this provides them with income to purchase goods and services employment levels are closely linked to economic growth and living standards.
Patagonia employs people worldwide (e.g.) map footprint chronicles.
employs people world wide. e.g. map footprint chronicles.
(3) International Trade
Important to the economic well being because it allows business to create links to create links to goods / services worldwide. And this creates money in both areas.
Supply Chain/Foot Print Chronicles
The foundations and investment needed in a country to provide the means for an economy to operate. It can include transport. communications, education. power and electricity services.
Patagonia invests in their community
Taxs are used by the government to improve infastructure in the community ie: schools, health, etc
We donate our time, services and at least 1% of our sales to hundreds of grassroots environmental groups all over the world who work to help reverse the tide.
(6) Research and Development
Business search for new and improved ways to improve goods/services.
Materials and Technology
REFERENCE, SOCIAL WELL BEING .
Where to refer this information from in the Business Management book.
Social Contribution/Page 38,39.
Culture Of Innovation + Entrepreneurship/ Page 40-42.
REFERENCE, ECONOMIC WELL BEING
. Where to refer this information from in the business management book.
Economic Growth/ Page 33.
Employment/ Page 32.
International Trade/ Page 34.
Tax Revenue/ Page 36.
Research and Development/ Page 37.
((1... Make sure you have listened to the podcast. ((2... Read Chapter 1-3 (or at least chapter summary). ((3... Make sure you understand questions/command terms. ((4... Web quest 1. ((5... Today's mind map-print. ((6... Be here next lesson. :check: