basic concept of business

1. defination of business:an enterprise provides good & service desired by customer.
2. Goal of business:to provide g/s to get profit 

• where the profit come from the(revenue-expenses=profit)

• profit come to your business in 3 condition  

    i)depend on the depend(request from customer)
    ii)attract customer/competitors(make your product as attract as possible      because there is many competitors)
   iii)earning higher profit (less expenses)

•     profit as motive of business

      i)when you understand your business will earn more.
      ii)more capable in running the business successfully with profit will help you to understand your business more from there can run your business more successful.

• profit motive influence by the government 

    i)free enterprise (business own by you,profit all go to u)
    ii)command economy
    iii)non-organization
  3.stakeholders
     。owner,creditor,supplier,customer,employees.
  4.key type of business
    .management
    .marketing
    .financial
    .accounting