Business Foundations In A Changing World - 2026 Release

1266280529 · 9781266280528
Business Foundations in a Changing World, Canadian 2026 Release provides coverage of dynamic changes in the economy and society as they relate to business and business decisions. Ferrell includes current events and examples to illustrate concepts.Th… Read More
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PART 1 BUSINESS FOUNDATIONS IN A CHANGING WORLD

CHAPTER 1 The Dynamics of Business and Economics

CHAPTER 2 Business Ethics and Social Responsibility

CHAPTER 3 Business in a Borderless World

PART 2 STARTING A GROWING BUSINESS

CHAPTER 4 Options for Organizing a Business

CHAPTER 5 Small Business, Entrepreneurship and Franchising

PART 3 MANAGING FOR QUALITY AND COMPETITIVENESS

CHAPTER 6 The Nature of Management

CHAPTER 7 Organization, Teamwork and Communication

CHAPTER 8 Managing Operations and Supply Chains

PART 4 CREATING THE HUMAN RESOURCE ADVANTAGE

CHAPTER 9 Motivating the Workforce

CHAPTER 10 Managing Human Resources

PART 5 MARKETING: DEVELOPING RELATIONSHIPS

CHAPTER 11 Customer-Driven Marketing

CHAPTER 12 Dimensions of Marketing Strategy

PART 6 FINANCING THE ENTERPRISE

CHAPTER 13 Money and the Financial System

CHAPTER 14 Financial Accounting and Financial Management

BONUS CHAPTER Personal Financial Planning

APPENDIXES

A Business Plan Development

B The Legal and Regulatory Environment

C The Business Plan

D Personal Career Plan

Business Foundations in a Changing World, Canadian 2026 Release provides coverage of dynamic changes in the economy and society as they relate to business and business decisions. Ferrell includes current events and examples to illustrate concepts.

The foundational areas of introduction to business, entrepreneurship, small business management, marketing, accounting, and finance have all been revised. Examples have been provided to which students can easily relate in the Enter the World of Business opening vignette found in each chapter. Throughout the text, Ferrell highlights innovation and disruption in boxed features. Technology and the Economy feature boxes demonstrate how emerging technologies such as artificial intelligence influence business; Business Disruption provides real-world examples of the changing business landscape; and Responding to Business Challenges features companies that have overcome obstacles. Ferrell continues to include coverage of global business, ethics and social responsibility, digital marketing, and sustainability as they relate to the foundations important in an introduction to business course. There is new coverage of the importance of information technology and disruptive technologies such as artificial intelligence. The Canadian 2026 Release author team has a diversity of expertise in these important areas.

New Canadian Co-Author. Charissa Lee is a business educator, researcher and lifelong learner at the School of Business, Southern Alberta Institute of Technology (SAIT).

Charissa holds a Master of Science in Organizational Psychology from the University of London, bringing expertise in human behavior, leadership development and workplace learning to her teaching. 

Enhanced Relevance and Real-World Integration. The Canadian 2026 Release contains many updated examples, figures, and statistics to reflect recent developments that impact the world of business in Canada. The content has been updated to ensure it delivers the most relevant and current topical coverage, including expanded coverage of ethics, geopolitics impact on the economy, and the significant influence AI has had in almost all elements of business.

Diversity, Equity, and Inclusion. A broader DEI lens is applied to motivational theories, leadership styles, and workforce management in the 2026 Release, emphasizing employee-well-being, flexibility, and autonomy. Ferrell spotlights diverse entrepreneurs and initiatives, such as Indigenous and 2SLGBTQIA+ leaders, to foster inclusivity and representation throughout the content.

New Application-Based Activities. New Canadian mini simulations in Ferrell Connect provide highly interactive simulations that bridge the gap between theory and real-world application, challenging students to apply multiple concepts and make data-informed decisions in qualitative or quantitative contexts.

New and Updated Video Cases. 12 new or revised Video End-of-Chapter Cases offer students dynamic, real-world insights into diverse business scenarios. These cases help to enhance learning by connecting theoretical concepts to practical applications.

AI Reader. Encourage discovery and boost understanding with AI Reader. Designed to facilitate active reading, AI Reader within McGraw Hill Connect provides students with AI tools to enhance their comprehension, retention, and critical thinking. Students can use AI Reader within the Connect eBook and/or SmartBook to highlight words or sections to see different explanations, create quiz-questions for self-study, copy helpful explanations to their notes, and follow citations to find the original context of the AI-generated explanation. 

Evergreen™. Content and technology are ever-changing, and it is important that you can keep your course up to date with the latest content and assessments. That’s why we want to deliver the most current and relevant content for your course, hassle-free. McGraw Hill uses an Evergreen delivery model, which is a product delivery model and experience that provides customers with the most relevant and updated content, tools, and accessibility. Engage students and freshen up assignments with up-to-date coverage of select topics and new questions, all without having to switch editions or build a new course. 

Balanced Approach. Business Foundations in a Changing World carefully builds the right mix of coverage and applications to give students a firm grounding in business principles.

Outcomes Driven. Business Foundations in a Changing World optimizes course outcomes through its integrated learning resources, which is proven effective, personalized to each student, and effortlessly simple to use.

Relevancy. When students see how content applies to them, their lives, their careers, and the world around them, they are more engaged in the course. Business Foundations in a Changing World helps students maximize their learning efforts by setting clear objectives, delivering interesting cases and examples, focusing on core issues, and providing engaging activities to apply concepts, build skills, and solve problems.

Current Insights. Business Foundations in a Changing World reflects the very latest developments in the business world—including generative AI, digital transformation, and the uncertainties of economic and trade dynamics. In addition, driven by a mix of consumer expectations, investor priorities, and regulatory pressures, ethics and social responsibility have become much more important.

Exceptional Pedagogy. Ferrell’s pedagogy is designed to engage students in group and class discussions through feature boxes, discussion questions, end-of-chapter exercises and end-of-chapter cases, combined with market leading student and teaching supplements within Connect.

Build Your Business Plan. This end-of-chapter feature (along with Appendix A, “Business Plan Development,” and Appendix C, "The Business Plan") helps students through the development of their business plan by relating the steps to the content of each chapter. Additional information and resources can be found in the Instructor’s Manual.

McGraw Hill Connect®. Predictive, Personal and Powered by AI. McGraw Hill Connect is an award-winning digital teaching and learning platform designed to empower students and streamline course management for instructors. With cutting-edge adaptive technology and AI-driven tools, Connect delivers personalized learning experiences that help students achieve their full potential. For instructors, Connect provides comprehensive reporting, actionable data, and valuable insights designed to amplify teaching.

SmartBook®. Within Connect, students have access to SmartBook, McGraw Hill’s adaptive learning and reading resource. SmartBook creates a safe space for learning and confidence building, as students receive immediate and meaningful feedback to help guide their study. By prompting students with questions and assessing individual answers, SmartBook learns what a student knows and identifies which topics they need to practice, giving each student a personalized learning experience and path to success. 

ReadAnywhere® App. Read or study when it’s convenient with McGraw Hill’s free ReadAnywhere app. Available for iOS and Android smartphones or tablets, the ReadAnywhere App gives users access to McGraw Hill tools including the eBook and SmartBook or Adaptive Learning Assignments in McGraw Hill Connect. Students can take notes, highlight, and complete assignments offline—all their work will sync when connected to Wi-Fi. Students log in with their Connect username and password to start learning—anytime, anywhere! 

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