Intro to Business • The Basics
The Basics Of BusinessWhat you'll learn
- General Terms including the Goods vs Services; Demand vs Supply; Standard of Living vs Quality of Life, Economics: both Micro and Macro
- Explaining each of the 5 standard Inputs businesses require to run effectively; As well as the 7 External Factors/Environments which guide successful business d
- Simple definitions of many different words and concepts in business including financial terms like Profit/Loss, Assets, Liabilities, Equity, and more
- An explanation of the difference between For-Profit businesses and Not-for-Profit operations
- An explanation of the differences between Communism, Socialism, Free-Market Capitalism, as well as how the relate to each other in both good and bad ways
