RSM100- Chapters 1-2
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4 Terms
1
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Business
Profit seeing activities and enterprises that provide goods and services nessesary to an economic system
2
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What can businesses produce?
Goods and services
3
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What is at the heart of every business exchange
A buyer (with a need) and a seller (recieving money)
4
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Profit
Rewards for business people who take risks involved in offering goods/services
Note 
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