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Business Involves the Interaction of Individuals and Individual Organizations for the Exchange

question 30

Essay

Business involves the interaction of individuals and individual organizations for the exchange of products, services, and capital through markets. The global capital markets are critical for the conduct of this exchange. The authors suggest that one way to characterize the global financial marketplace is through its assets, institutions, and linkages. Explain how each of the three dimensions characterize the global financial marketplace.


Definitions:

Composition Class

An educational course focused on teaching students how to write effectively, including instruction on structuring arguments, grammar, and style.

Character Education

A direct moral education approach that involves teaching students a basic “moral literacy” to prevent them from engaging in immoral behavior or doing harm to themselves or others.

Moral Literacy

The ability to understand and apply ethical principles and values in various life situations.

Sense of Obligation

The feeling of being morally or legally bound to do something.

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