Page 13 - Business Principles and Management

Student-Focused Features
Student-Focused Features

for Hands-on Practice
for Hands-on Practice

facts
The free-enterprise economy of the United States &
has demonstrated remarkable growth. That
growth is highlighted in data prepared by the U.S. figures
Bureau of Economic Analysis. Point your browser
to www.thomsonedu.com/school/bpmxtra.
Review the information illustrating changes in
the U.S. economy from 1990 to 2005. Analyze
the information and draw two conclusions you
believe are the most interesting or surprising. NET Bookmark en-
Using data from the table, prepare a graph or Competition based on quality
chart to support each of your conclusions. What
are some reasons you believe the U.S. economy courages students has grown in importance world-
has been so successful? wide. In the United States, the
to use the Internet
www.thomsonedu.com/school/bpmxtra
Malcolm Baldrige National
for research. The Quality Award program is man-
Web Site provides a aged by an agency of the fed-
eral government. Each year,
safe portal for stu- hundreds of firms apply for this
dents to gather real distinctive national honor. Orga-
nizations that win an award
data for analysis. usually notice an upturn in de-
mand for their products. Quality
awards are also offered in other
countries. The Japanese offer
the Deming Award, which is
business note named after an American who
was an expert on quality.
Learning a foreign language offers an im-
portant career advantage. Most companies
that compete in the global economy prefer
employees who understand other culture s
and can communicate comfortably in their Business Note asks Facts & Figures presents interest-
customers’ language. Use the Internet to
identify the languages spoken by the most students to relate ing information, including
people around the world. If you chose to
learn a second language to help you with what they've statistics and numerical repre-
an international business career, which one
would you choose and why? learned to a real sentations, that helps students
business setting understand the breadth and
and provides tips scope of business enterprises
for business success. and activities.
Career tip
American car producers have
learned to equal or exceed for-
Many people entering the eign car makers in the quality of
computer field in the United their products. Is quality an im-
portant factor when you buy a
States have moved from pro- car or other expensive product?
gramming to information
management. Software
programming has been out-
sourced to countries such as
India where there are highly
qualified software engineers
who work for low wages.
Designing, building, and
managing computer systems is
more difficult to outsource.
The photos and captions
Career Tips present helpful contain questions that ask
insights into a variety of students to think beyond the
business related career obvious in considering what's
opportunities. going on in the picture.

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