The Benefits of Private Enterprise Essay example

The Benefits of Private Enterprise Essay example

Length: 1154 words (3.3 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Private enterprise is the ironclad foundation of the United States of America. Whenever this right is jeopardized, the stability of the country follows in a symmetric trend. However, the value of this system has not always been clear. Throughout time no country has embraced this system quite like the United States. Private enterprise entails the right to market and sell a product or service, as well as the right of purchase. Indeed the consumer, in his participation, is a private enterpriser (Lubell). The open markets, private initiative, competition, and private ownership defining private enterprise make it the healthiest economic system.
The consumer’s interest in private enterprise includes his freedom of choice, as well as the chance to purchase more and more, for less and less. From this perspective, the corporation becomes the slave of the public. This draws the interest of the American people. Power and control are a compelling force that drives the America public. Always looking for a new object to satisfy their needs, the people are on a constant patrol for the next big thing. Anything short of this will be disregarded, and thus the cycle begins.
With the opportunity of choice, each individual’s purchase becomes a crucial vote. Through the corporation’s moneybox, votes are tallied, and alterations are made to provide a product/service that will capture the consumer’s interest (Clark). In other words he holds the power to veto a product based upon his disapproval. The consumer is a fundamental unit of the economic cycle. “His power is crucial. Every cost of doing business, every tax, wage, salary, fringe benefit, material cost, interest payment, and so on, must be ultimately sought from one source, the cost...


... middle of paper ...


...ation. Open Access Education, (2012). Web. 8 Oct. 2013.

“Comparing the Compensation of Federal and .” CBO. CBO, (2013). Web. 8 Oct. 2013.

Clark, J. R. “Journal of Private Enterprise.” APEE. The Association of Private

Enterprise Education, (2013). Web. 8 Oct. 2103.

Kim, Jim. “Working For a World Free of Poverty.” The World Bank. The World Bank, (2007). Web. 8 Oct. 2013.

King, Phil. “International Communications.” American Legislative Exchange Council. ALEC, (2012). Web. 8 Oct. 2013.

Kogyo, Kokusai. “The Private Sector Strengths Applied.” Margareta Wahlström. Margareta Wahlstrom, (2004). Web. 8 Oct. 2013.

Lubell, Samuel. “Private Enterprise in the Public Interest.” The Foundation for

Economic Education. FEE, (2013). Web. 8 Oct. 2013.

Wade, James. “The Federal Work Force” The Huffington Post. The Huffington Post, (2013). Web. 8 Oct. 2013.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Benefits Of Unions And Non Unions Essay

- Abstract This essay examines both the advantages and disadvantages of unions and non-unions in the organizational environments. It discusses the differing effects unions and non-unions have in regards to communication, morale, productivity, and employee management relations within the workplace. It also looks at the role unions have in private industry and how the changing plane of their respective industries impacts them. In addition to this, it looks at why these big changes are taking place and the numerous reasons for them....   [tags: Trade union, Employment, Private sector]

Strong Essays
1629 words (4.7 pages)

Enterprise Resource Planning Essay

- While it is difficult for many firms to attain, a comprehensive understanding of all implementation components and how the firm can leverage those components is critical to successful Enterprise Resource Planning (ERP) system management. ERP enables a firm to incorporate every major business process to augment efficiency and sustain a competitive advantage; however, these benefits will not be reaped if an ineffective implementation is performed. Basically, ERP is an enterprise-wide information system integrating and managing all of the business processes of a firm....   [tags: system management]

Strong Essays
2244 words (6.4 pages)

Enterprise Patient Administration System ( Epas ) Essay

- Enterprise Patient Administration System (EPAS) is a state-of-the-art and combined electronic patient record system that will produce a consistent and complete electronic health record in the long run for patients across all South Australia Health (SA Health) sites. EPAS is a pre-built and pre-configured by 60% by a global healthcare systems company, Allscript. The system was greatly customised by 40% by SA Health to support SA Health’s clinical and administrative implementation. Also, the system becomes a dynamic environment that responds to user’s needs and changing business practice....   [tags: Medicine, Health care, Health care provider]

Strong Essays
1008 words (2.9 pages)

Enterprise Resource Planning Concerns and Risks Essay

- Enterprise Resource Planning Concerns and Risks Enterprise resource planning (ERP) systems help to eliminate the fragmentation within an organization by integrating the organizations’ management business processes, both internally and externally (Elmuti & Topaloglu, 2013; Stefanou, & Revanoglou, 2006; Tan and Payton, 2010). As a CIO of a 170 bed hospital the use of health management information systems (HMIS), such as ERP, is becoming a requirement. ERP systems help to reduce costs by streamlining the many departments within the hospital, such as the supply chain management, customer relationship management, accounting and payroll, and marketing....   [tags: ERP systems, HMIS, hospital, management]

Strong Essays
1204 words (3.4 pages)

The Benefits of Obamacare Essay

- Because millions have been able to free ride the health care system Obama emplaced a new health reform changing thousands of lives, making healthcare affordable for all people and giving citizens who are already covered new or more benefits. Healthcare has always been a pricey yet necessary asset to life. In the 1920s the middle class seemed to have struggled with the growing cost of medical visits. In the late 1920s a Dallas hospital started to offer joint affordable healthcare for only $.50 a month....   [tags: Obamacare Essays]

Strong Essays
981 words (2.8 pages)

Examination of Broadband Deployment: Public vs. Private Sector Essay

- Introduction The purpose of The North Carolina Association of County Commissioners reviewing broadband accessibility to North Carolina General Assembly is to provide information concerning the deployment of high speed broadband services and establish a legitimate recommendation using practical and current significance. The NCACC was founded in 1908, and considered one of the most active statewide local government associations in the nation. “The Association employs a professional staff to run the day-to-day operations and to provide expertise in the areas of lobbying, fiscal and legal research, communications, intergovernmental relations, information technology, field visits and risk manage...   [tags: Technology]

Strong Essays
2527 words (7.2 pages)

Employee Benefits Required By Law Essay

- Employee Benefits Required by Law The legally required employee benefits constitute nearly a quarter of the benefits package that employers provide. These benefits include employer contributions to Social Security, unemployment insurance, and workers’ compensation insurance. Altogether such benefits represent about twenty-one and half percent of payroll costs. Social Security Social Security is the federally administered insurance system. Under current federal laws, both employer and employee must pay into the system, and a certain percentage of the employee’s salary is paid up to a maximum limit....   [tags: essays research papers]

Strong Essays
6714 words (19.2 pages)

Society's Benefits to Certain Groups Essay

- Society's Benefits to Certain Groups Introduction Various approaches in sociology stress the authority of society over the individual. They are sometimes called social systems or structuralist approaches. From this perspective, the individual is largely managed by society. Society has made us into what we are because of the expectations and pressures of the social groups we belong to. Society formulates everyone, enduring our thoughts and directing our actions. We are socialised in terms of the culture of society, our behaviour is shaped by the social structure, we are kept in line by means of social control, and we discover roles, norms and values and act accord...   [tags: Papers]

Strong Essays
1025 words (2.9 pages)

A Market For Enterprise Systems Essay

- In recent times, there is a thriving market for Enterprise systems which has been defined by Markus & Cornelis (2000) as “business profitable software packages that enables the incorporation of transactions-oriented data and business processes throughout an organization and the inter-organizational supply chain”. Enterprise systems includes Enterprise Resource Planning (ERP) software and associated platforms such as customer relationship management, advanced planning and scheduling, product configuration, and sales force automation (Markus & Cornelis, 2000)....   [tags: Enterprise resource planning]

Strong Essays
1311 words (3.7 pages)

The Benefits of Enterprise and Innovation Essay

- The Benefits of Enterprise and Innovation Teens are facing a major unemployment rate when they come out of High School. This unemployment rate could be cut if students would learn and grasp knowledge of business, economy, and new technology. This course should help in grasping all those ideas. This essay will start this process of learning by setting goals and showing how they can be met. The real world is tuff and unpredictable. With this course, preparing for the real world will be much easier....   [tags: essays research papers]

Free Essays
472 words (1.3 pages)