Discuss the following topics, give thorough details and examples. Diversity javascript:display(‘_17121243_1′,’_17123393_1′,’layer_3_0’) How has the definition of diversity changed over time? Can a diverse workforce help a company compete more effectively? How? Compare and contrast microeconomics and macroeconomics.. Compare and contrast microeconomics and macroeconomics. How do the two approaches interrelate? Use a specific example to explain. Levels of Competition Within a free market system (Capitalism), the study of macro and micro economics is vital. For small businesses, it helps them determine what types of products or services to offer, the price point for those products and services, what the competition is doing, etc. For the government, the study of economics helps them determine trends, the economic well being of the country, etc. Another vital component of a free market system is competition. What are the four different levels of competition? How does each level affect a free market system? Internet and Business How has the rise of the World Wide Web changed business practices? What are the benefits and drawbacks for business? For consumers?
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