Tuesday, October 18, 2016

Five Questions


  1.  Business is all of the activities involved in producing and marketing goods and services. 
  2. Two Primary functions functions of business are production and marketing of the goods and services.
  3. The four ways business can be categorized: Large vs. Small, Domestic vs. Global, Profit vs. Nonprofit, and Public vs. Private. 
  4. The significance of eCommerce is the buying and selling of goods through the internet. 
  5. Someone would want to start a small business because it would only be operated by a few people therefore the company would not  have to pay a lot of employees and they would make more of a profit. The success small businesses get is that they usually start from a website on the internet and they are private sector businesses. 


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