The most recent topic presented to the competitors at this blog camp is “What have you learned about business? Why is business important?“.

I love this topic. Let me begin by saying that Business is not about money. It’s about creating value in people’s lives. In business terms, you could say ‘value add’.

Everybody has a certain level of value to contribute into society. In our capitalist system we assess that value in a monetary fasion. We let things float and people end up paying a price for a certain level of value.

So what is business? Business is the exchange of these valuable things. When we study business we hope to be able to learn to manage the trade of “things” and “services” with all of the tools available out there. It is all about creating more value at less of a cost and getting as much value as you can from others.

If you find this interesting then come to MacEwan and learn business!

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