Understanding Business Past and Present

Prompt

Using the assigned article and your own thinking, respond to the following with a 500 – 700-word response:

Past vs. Present

• Identify one major business issue from the past (e.g., labor practices, regulation, technology adoption, market consolidation, globalization, ethics).
• Explain how this issue has evolved or reappeared in todays business environment.

Context & Change

• What forces (economic, technological, political, social) have driven changes in how this issue is understood or managed?
• Are businesses responding more effectively today than in the past? Why or why not?

Research Connection

• How might understanding this issue help inform a future research project in this course?
• Does this topic align with any areas you are currently interested in exploring?

Reflection

• Why do you think business students and professionals often underestimate the importance of historical context?
• How might historical awareness strengthen decision-making and leadership?