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Author(s)
J. David Spiceland, Mark W. Nelson, Wayne Thomas
ISBN
9781260310177
Publisher
Unknown
Language
en
Page 2 out of
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Summary
BP notes
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90
December 2021
2021/2022
As a factor of production, the term capital includes:

tools, machinery, and buildings.

The technology environment would include studies of information technology.

Age, race, gender, religion, etc. are items included in the study of demographics.

A business should try to adapt to the factors in the environment.

In Tom Jeffries roofing proposal he describes materials to be used and aprice. When the customer signs the bid it

becomes an enforceable contract – Economic & Legal Force

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