Class Notes (835,574)
Canada (509,252)
MGTA01H3 (348)
Lecture

mgt lec notes

1 Page
50 Views
Unlock Document

Department
Management (MGT)
Course
MGTA01H3
Professor
Chris Bovaird
Semester
Winter

Description
Chapter 1 Notes (from the book) Business: an organization that seeks to earn profits by providing goods and services. Profit: what remains after a businesss expenses are subtracted from the revenue(sales) Expenses: money spent on running the business itself. Revenues: the money earned by the business as they sell their products or services Profits are rewards earned in return of the risk, time and money that the business owners spent Profits are very large if the business is managed well Most profitable companies in 2005: RBC, Manulife, Imperial Oil Non profitable organizations such as hospitals, churches, and universities, are not businesses. They provide services b
More Less

Related notes for MGTA01H3

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit