Analyze the four eras of business
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Analyze the four eras of business and make a prediction for what the next era will be like. Explain the rationale behind your prediction.
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The expert analyzes the four eras of business.
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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 ...
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- MBA, Webster Univeristy
- Dual BS Degrees, University of South Carolina
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