Author: Jennifer Hancock
Video
Topic
Economics
Ethics & Social Justice
Strategy & General Management
Price
$0.00
Keywords
humanistic management
economy
supply and demand
Target Audience
Graduate Students
Undergraduate Students
Executive Education
Other Audience
Faculty Description

This video is useful if you want to spark a conversation about supply and demand, demand and supply, or trickle down economics to help challenge student's thinking on assumed wisdom. 


Questions: Why are businesses are in business?

Who drives the economy?
Is it supply and demand or demand and supply
How important are customers?

Who are the real stakeholders for your business 

Learning Outcomes

Thinking about the role of any business in a community

The importance of humans to businesses

The impact of wages on society

License
Attribution, Non-Commercial, No Derivative Works CC BY-NC-ND

A humanistic business management approach to thinking about the economy. Capitalists vs. Consumers 11 min video discussion on whether it's supply and demand, or demand and supply - from a humanistic management perspective.

Topics include minimum wage levels, consumers vs capitalists, humans as central to businesses, the economy as a functioning society

Link to youtube video:  https://youtu.be/C4eyh8x-2dI