Intro+to+Business

 **//__ Monday: __//** A business is an organization that has been specifically set up to provide some kind of product or service to its customers. ü Is the school a business? ü Is the government running a business when it provides services such as libraries or a police force? ü Is a charity a business when it sells nothing? Various basic features distinguish business activities from non-business activities. These are:


 * Businesses are all owned
 * Businesses need to be set up under certain rules
 * Businesses need to keep records of what they do
 * Businesses need to operate within certain laws
 * Businesses have customers

Businesses can be small and be made up of just one person, or large, with thousands of employees. Businesses can be privately owned or owned by the state.

Assignment: After viewing the slideshow "Introduction to Business" word process your answers to the following items and send as an e-mail attachment to jgrams@hlv.k12.ia.us. Use an appropriate Subject line such as "PACED Method".

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Use the PACED Method to analyze what you would do in the simulation of wanting to save for the ski trip.

Tuesday View the Economic Systems presentation.

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Wednesday

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Other

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