Business concepts, whether you realize it or not, are part of everyday life. If you have any doubts, see the 24HourAnswers.com blog article Landlords and Logarithms.
The study of business, aside from being relevant to many aspects of everyday life, can also be described as the study of human interaction. Every major stock exchange, grocery store transaction, or school-yard trade is determined by basic human psychology. When people purchase stock on the stock market, they aren't buying shares in a business, they are buying shares in a person or group of people. The market fluctuates based on how we as a people perceive others. If news of a recession is everywhere we go, we as consumers will lose faith in corporate culture and cut our spending as a result. Regardless of whether a company is actually in financial difficulty, if a neighbor hears a rumor that the company is struggling and sells his shares as a result, this may create a snowball effect.
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For some excellent business resources and to help you get started on your studies, check out the website Entrepreneur or the educational site The Times 100. An excellent source of business information and regarded as one of the finest newspapers in the world is The Wall Street Journal.
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