Untitled
What are the 5 functional areas of business? - Management, operations, marketing, accounting, and finance
What is an entrepreneur? - Someone who identifies an opportunity and chooses to take a risk to act on it by starting and running a business
What is a Migraine problem? - A problem big enough to spend money trying to solve it
What are the 4 external forces that impact business? - Economy, government, consumer trends, and corporate citizenship
What is Macroeconomics? - The study of the economy as a whole
What is Microeconomics? - the study of the economic choices of individual consumers and businesses