COMMERCE 1B03 Chapter Notes - Chapter 1: Baby Boomers, E-Commerce, Outsourcing
18 Dec 2015
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Chapter 1: taking risks and making profits within the dynamic business environment. 1980 to 1995; the children of the baby boomers. A demographic group of canadians that were born in the period from. Any activity that seeks to provide goods and services to others while operating at a profit. The surrounding factors that either help or hinder the development of business. The movement of the temperature of the planet up or down over time. The statistical study of the human population with regards to its size, density and other characteristic such as age, race, gender, and income. Any information system or application that empowers business processes. The buying and selling of goods and services over the internet. Giving front-line workers the responsibility, authority, and freedom to respond quickly to customer requests. A person who risk time and money to start and manage a business. The resources used to create wealth; land, labor, capital goods, entrepreneurship, and knowledge.
