Every business can operate because of five essential parts; Product creation, Marketing, Sales, Finance, and Delivery of your Product. Throughout this essay we will be juxtaposing the different aspects of the parts above and showing how each of them relate to capitalism and communism and how each of the essential parts can be shown differently through both capitalism and communism. Business varies extremely when in different environments and these two environments are drastically different and the most different environments that are possible. This essay will help understand how drastic the differences really are between the two markets.
Communism is a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state
Product creation is an extremely important part in business operations. This is how business stay in the competition and come up with the best products. All business have a product creation department so they can always have new products coming out and have a reliable source to make these products. Communism and Capitalism can influence this department of business operations immensely. The Communist standpoint of product creation would cause businesses to create few products and the need for new products in a quick and timely manner would slowly decrease to a low steady rate of product creation. The Communist standpoint of product creation would also have an extremely large impact on the prod...
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...ry of the products to be essential. would differ greatly between the two types of markets, however the markets are similar in a few ways. Communism and capitalism both have to deliver their products in a timely manner to their consumers and stay organized so they can profit from the deliveries.
Businesses would differ extremely due to the fact that communism and capitalism are very different forms of government. These five essential parts (Product creation, Marketing, Sales, Finance, and Delivery of your Product) are the key factors in business and these two markets cause these factors to differentiate between the two types of markets. These two environments caused businesses to re evaluate their ways of marketing and getting consumers to get the products. Capitalism is the most fluent system of marketing, but communism has some valid ways of marketing as well.