Chapter 2: The Environments of Business Notes
Business Environment forces outside the business that can affect the
Government regulations and policies
Social and cultural issues
Commerce 100 Final Exam Review
Chapter 1: Business Sectors
Do not get into business to pursure profits, instead, a non-profit business seeks
to serve its community through social, educational, or political means.
Commerce 100 Chapter 2,3,4 Review for Midterm #1
Chapter 2 Review
Wednesday, February 8, 2017
PEST Model for analysis, Porter's five forces, relations between position of a buyer and a supplier in
various scenarios, what is the bargaining power o
Financial System: the institutions in the economy that help match one person's saving with another
The financial system moves the economy's scarce resources from savers to borrowers.
Financial Markets: the institutions throu
Chapter 5: Business Management
1 Decision making
2 Purpose of the firm
Entrepreneurs are risk takers, visionaries, and innovative. Come up with ideas, managers convert ideas
into a solid business. Entrepreneurs may not have management skills.
Total product offer - page 201-203
Three levels of a product
Product differentiation- why companies create strong brands - 204
Stages of new product development - 204-205
Innovation adoption life cycle - google: solid understanding
Product life cy
COM250 CHAPTER 4 MARKETING RESEARCH
Working in your assignment
Lets talk about innovation and your assignment.
Why market research?
Used to gather information about your customers, what they need
and what they prefer, and about the marketplace in g
COM250 CHAPTER 4 & JAMMIT CASE STUDY
DEVELOPING A GLOBAL VISION
Importance of global marketing
Global marketing has become imperative for business.
Often a companys toughest competitors are foreign companies.
As global markets become easier to access,
1.1 What are the three types of financial management decisions? For each type
of decision, give an example of a business transaction that would be relevant.
1.2 What are the three primary disadv
1. Real or Imaginary
2. Site Title
The Frozen Spoon
Create a statement that describes the why behind your business.
Every business expects to earn profit in the long run. In order to achieve that
profit, a business should fi
Sept. 22, 2017
Selecting strong passwords: Try to make the password lengthy ,not difficult
Don't change the password very often
Create the passwords using the combination of symbols, numbers and letters
Never use the pas
Managerial accounting is designed
for internal users
The goal of Managerial
Accounting is to provide the
Introduction to Business Decision Making
or How to Run a World Class Organization
Who are we? Mark Colgate and Devin Bonin
Success in this course
Derek Scoffin owns and operates YH Curling School on evenings and weekends. The
company had the following balances in its general ledger at January 31, 2014: Cash,
$2,100; Accounts Receivable, $720; Equipment,
$12,400; Accounts Payable, $1,470; and D. Sco
At the beginning of June 2014, Willingham Distributing Companys ledger showed Cash
$18,000, Merchandise Inventory $5,000, and D. Willingham, Capital, $23,000. During the month
of June, the company had the following selected transactions:
June 1 Purchased
On January 1, 2017. Shumway Software Company's general ledger contained these liability
Unearned revenueloyalty program.3,700
Income tax payable.3.340