Notes

BUSINESS NOTES. Business: is defined as an organised driveway for individuals to produce and sell for profits, products that satisfy consumers needs and wants. wampum: is what a job makes when income earned (revenue) is greater than the cost of production. Creating nourish: is when you add something to a product to generate a high amount of profit. VALUE OF PRODUCTS: VALUE OF SALES VALUE OF birthday suit PRODUCTS USED IN PRODUCTION. Importance of product line to the economy * Exports products; which generate income for Australians and helper reduce our trade deflect. * Provides employment and income for employees. * Undertakes investment, which leads to economic growth. * Provides a childlike range of products giving consumers greater choice. * Improves our quality of life. Why is business so important? Because they are features of our everyday life in that they: * Have an important function in creating value or benefits in the form of goods and services. * Make profit and obey the law. * take in wealth for their own owners because the value of business assets increases when a business is successful and grows. * Provide employment for people. * Innovate: more and separate products and better ways of making products. * Increases our choices in products by providing competing products severally trying to be better in meeting our needs.

* take entrepreneurship, which is the driving force to our innovations. Stakeholders A stake holder is a group or an individual who has an interest in or is affected by the activities of a business. * Shareholders: * Provide information or so the businesss performance. * Produce an annual report. * Manage the notes so a reasonable return is paid. * Suppliers/creditors: * Pay debts. * map ethically and honestly. * Employees: * Fair pay and conditions. * Provide safe working(a) environments. * Access to training and... If you want to get a in effect(p) essay, order it on our website: Ordercustompaper.com

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