BUSERV 1910 Lecture Notes - Lecture 1: Producer Price Index, Sales Tax, Online Shopping
Document Summary
Main focus: our economy continues to adapt and change to meet the challenges of an ever-changing world and provide opportunities for those who was to achieve success. Business world is changing: joe dudley- black owner of african american haircare company advice, 1. Write it down: have a dream know what you want, adapt to changes in the environment work hard to turn your dreams into reality. Five reasons for studying business: for help in choosing a career. Digital merit badges: to be a successful employee, improve management skills. Conceptual skills: to start your own business, to become a better informed customer and investor. 70% fail within 10 years due to undercapitalization, poor location, etc. Success: nick d"aloisio created trimit app for faster web content search. Business- the organized e ort of individuals to produce and sell, for a pro t, the goods and services that satisfy society"s needs. 3 types: service business, manufacturing business (tangible goods, marketing intermediary (resell)
