BUS 201- Final Exam Guide - Comprehensive Notes for the exam ( 72 pages long!)

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 201
• Professor: Peter Tingling

Document Summary

My role: engage in the learning process, provide instructor and students with a professional atmosphere in which to learn, contribute to the group environment, participate fully in group excercises. Capital - labour - entrepreneurs - information resources - natural resources. Customer, regulator, competitor, taxation agent, essential services, incentives. Office: wmc 2218: syllabus, google, sfu library, electronic articles, connect, database, article name, full pdf text. Chapters 1-5: 90 minutes to complete, 2 sections, 30 multiple choice from textbook/lectures, 4 short answer questions (paragraph, bring student id, no phones, do(cid:374)"t bring books bags computers. Identify four key reasons for the success or failure of small businesses. Small businesses: hard to define, the basis for a lot of large companies. Sole proprietorships: unlimited liability (disadvantage, owned only by you, hard to raise money, partnerships, 2 individuals. Limited partners: not actively involved, limited liability: corporations.