Please refer to the instructions provided along with the assignment requires to be followed
completely. There will be no marks/points awarded for the Assignment submitted after the
date of deadline specifically mentioned.
Instructions:
Please refer to the following before attempting:
The purpose of this Assignment is to have students develop their basic knowledge and
concepts related to the course. The Assignment questions should be answered in student’s own words using the course
concepts, and applications.
The Assignment calls for additional research primarily secondary research. Make sure to
cite all references appropriately. Refrain from copying or sharing answers as the same will be considered “plagiarism”
and students will not be awarded any marks.
Assignment without proper citation in the text and references will NOT be marked.
Q1: Discuss the relationship between business and society in detail. (Marks 20)
Q2: Explain the following (with simple examples) key terms in context with “Canadian Business System”:
a) Economic system
b) Capitalism
c) Free enterprise system
d) Laissez-faire capitalism
e) Responsible enterprise system
f) Stakeholder capitalism
g) Clean capitalism. (Marks 35)
Q3: What is Capitalism, discuss various forms of Capitalism in detail. (Marks 25
