Business Basics
Business Basics
The purpose of Business Basics is to provide practical information to primary and elementary students about the organization and operation of a business in a free enterprise system.
Business Terms
Entrepreneur - a person who organizes a new business and takes the risks and makes a profit.
Marketing - the activities needed to get a product to a consumer.
Production - making products for sale
Profit - money left after all expenses have been paid.
Profit = Income - Expenses
