bus508_w2_c3 - The Business Enterprise BUS 508 Economic...

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The Business Enterprise BUS 508 Economic Challenges Facing Contemporary Business Kurtz, D. (2010 Update). Contemporary business: 2011 custom edition (13 th ed. ). Hoboken, NJ: John Wiley & Sons.
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Objectives Upon completion of this lesson, you will be able to: Analyze the factors that drive supply and demand, different types of market structures in a free enterprise system, and factor of stability in a nation’s economy Formulate competitive market entry strategies based on analysis of global markets
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Microeconomics vs. Macroeconomics Macroeconomics Government sector Household sector Business sector Microeconomics Person Household Firm Industry
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Macroeconomics Private enterprise system Capitalism Market economy Types of competition: Pure competition Monopolistic competition Oligopoly Monopoly
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Forces of Supply and Demand Demand Quantity of goods and services that consumers are willing to buy a different prices
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This note was uploaded on 01/24/2012 for the course BUS 508 508 taught by Professor Drfrederick during the Spring '11 term at Strayer.

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bus508_w2_c3 - The Business Enterprise BUS 508 Economic...

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