Analyze the four eras of business and make a prediction for what the next era will be like. Explain the rationale behind your prediction.© BrainMass Inc. brainmass.com June 4, 2020, 2:37 am ad1c9bdddf
The four areas of business includes:
1. The Colonial Era: In the Colonial era, production relied heavily on farmers, the crops grown, and the marketplaces in small towns.
2. The Industrial Revolution: In the Industrial era, factories were being built and the level of production relied on the skills of workers and how fast they could finish a product.
3. The Production Concept Era: During the Production era, production relied heavily on assembly lines. The demand for products was increasing and therefore, forming assembly lines could ...
The expert analyzes the four eras of business.