Buad 101 - Study guides, Class notes & Summaries

Revenue correct answersthe money that a business or institution has coming in. Expenses correct answersThe money that a company must pay out to fulfill its operating expenses. Ex. bills and payroll Profit correct answersThe difference between a businesses's revenues and its expenses. six dimensions of the external environment correct answers1) Political-legal environment, 2) economic environment, 3) technological environment, 4) sociocultural environment, 5) domestic business env...

Diversity correct answersA company that looks like and understands their customers the more successful they will be B2B correct answersBusinesses sell to other businesses B2C correct answersBusinesses sell to consumers Globalization correct answersGlobal trade, continuous learning

BUAD 101

Diversity correct answers A company that looks like and understands their customers the more successful they will be B2B correct answers Businesses sell to other businesses B2C correct answers Businesses sell to consumers Globalization correct answers Global trade, continuous learning Outsourcing correct answers Making products outside of the country but selling them back inside the country for less Business correct answers Provides goods and services for consumer for profit...

Revenue correct answers the money that a business or institution has coming in. Expenses correct answers The money that a company must pay out to fulfill its operating expenses. Ex. bills and payroll Profit correct answers The difference between a businesses's revenues and its expenses. six dimensions of the external environment correct answers 1) Political-legal environment, 2) economic environment, 3) technological environment, 4) sociocultural environment, 5) domestic bu...