BUS 497A Lecture Notes - Lecture 3: Parallel Parking, North American Free Trade Agreement, World Trade Organization
Document Summary
Technological developments leads to new products and services; can create new industries and alter existing ones. External environment~ impossible to stop technology and be aware of it and how to use it~ A lot of shoe companies, you can design your shoes. Just because things are cheap, doesn"t believe it works. Boring type of product, and looking at technology and create this product, they want it more. Entrepreneurship idea, if inventory is low, the system will automatically reorder for you~ People don"t take time to develop a website. Anything in the 90s, with a . com, anyone was going to buy it~ Unemployment figure, how many people participate in the labor force and divide people from working. Stopping people for work, nothing is happening,im going to the beach. Thing is, it is pretty cheap~ look at the environment, Large quantity, less competition, and us will help you buy overseas to reduce the trade deficit.
