What is Business?
This used by businesses to help ensure good decisions are made..
What is the decision making model
Subway is an example of which type of business ownership?
Franchise
This step in the model needs you to "be specific" and figure out the issue ...
What is Define the decision
This level of Maslow's Hierarchy of needs caters to our need for friends, relationships, family and community
What is Social needs
an organization that produces or sells goods or services to satisfy the wants or needs of consumers for a profit
What is a business
When there is more supply than demand
What is surplus
This step you must some thing like a pros and cons list of your options...
What is evaluate the alternatives
Finish the equation, Profit = ...
What is Revenues - expenses
An organization operates strictly to help people in a community.
What is a non profit or not for profit business
When there is more demand than supply
What is Deficit
This step of the model requires you to take action and get it done!
What is Make a decision and take action..
This type of business changes natural materials from their original into more finished forms
What is manufacturer
What is the equilibrium
A change in consumers taste is a factor that affects...
What is demand
In this step of the model you must be imaginative and open-minded; do not evaluate your options yet...
What is identity the alternatives
This type of business sells goods in bulk, usually to retailers
What is Wholesalers
When a company is responsible ONLY for its own debts, it is considered to have ____________ Liability
What is limited liability