BUS 100 TOP Exam Questions and CORRECT Answers
Business:Providing goods and services to others while operating at a profit. Goods:Tangible products Services:Intangible products Revenue:Money earned from conducting business. Profit:Normal income derived from business activity. Entrepreneur:People who start a business risking their time and money. Standard of living:The quality and quantity of products available to a population. Stakeholders:Those affected by the actions of a business.
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