Intro to Business • The Basics (1 Viewer)

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 Intro to Business • The Basics (1 Viewer)

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Intro to Business • The Basics​

The Basics Of Business

What 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
 

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