BUS 111 - Class Notes - 9.24.07

BUS 111 - Class Notes - 9.24.07 - BUS 111: Class Notes...

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9/24/07 Last Week : E-Business Advantages/disadvantages of the three types of businesses Say o Supply creates its own demand o Why did we talk about him? Keynes attacked his theory. o Not literal demand; effective demand. W. Edwards Deming During the Great Depression, there was literal demand everywhere. Effective demand is demand which people can exercise effectively. Various forms of small business Corporation least involved in small business. Target market Who What do they need What do they want Why they should want your product vs. someone else’s Business plans Don’t have  to have one to start up. Banks will need one before even considering giving a loan. Basic functions of management Page 187 Eisenhower: “Plans are nothing; planning is everything.” Failure to plan is planning to fail! Possible essay question #3:
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BUS 111 - Class Notes - 9.24.07 - BUS 111: Class Notes...

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