Module Introduction
Contemporary Trends on Business
Canada’s economy has experienced significant growth, with many contemporary business trends emerging as a result. These trends have been shaped by a variety of factors, including advancements in technology, changing consumer behaviors, and evolving societal norms. As a result, Canadian businesses are constantly adapting to stay competitive in the marketplace.
Some of the key contemporary business trends in Canada include a focus on innovation, the rise of e-commerce, the importance of sustainability, and an increased emphasis on workplace diversity and inclusion. Understanding and effectively navigating these trends has become increasingly important for Canadian businesses looking to succeed in today’s fast-paced and dynamic business environment.
This module will examine contemporary business trends and their impact on today’s organizations.
Learning Objectives
Discuss the nature of business in Canada
Compare different global economic and political systems
Describe the role of supply, demand, and competition in a free-enterprise system
Examine the impact of current economic factors on Canadian businesses
Describe the changes in today’ business workforce and the nature of work
