BUS 211 Week 1 Individual Assignment Business Models, Systems and Organization
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Consider a local business whose services you frequently use. What are the main components of this company’s business model?
Write a 400- to 500-word response in which you do the following:
• Describe the three components of the business system that comprises the local business you selected. Use Figure 1.2 on p. 11 of Introduction to Business as a reference.
• Identify the form of business organization that the business currently uses: joint-stock company, limited liability, partnership, or sole proprietorship.
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BUS 211 Week 1 Quiz
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1) Which of the following best describes a joint-stock company structure?
2) What are the four productive resources that make a business possible?
3) What law shows that there is a direct relationship between the price of a product and the amount that is supplied in the market?
4) If a company were to have total sales revenue of $50 and a total operating cost of $37, what is the total profit?
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BUS 211 Week 2 Individual Assignment Profits and Supply and Demand
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Resource: Ch. 1 of Introduction to Business
Consider a fictional business you would be interested in starting. You will be using this same business in other weekly assignments throughout the course.
You are seeking financing for your business, and a potential investor has asked you to provide more information.
Write a 400- to 500-word response to your potential investor in which you do the following:
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BUS 211 Week 2 Quiz
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1) A...