COMMERCE 1E03 Lecture Notes - Lecture 1: Nonprofit Organization, Canadian Business, Offshoring
Document Summary
Chapter 1: taking risks and making profits within the. Success in business is often based on the strategy of finding a need and filling it this strategy lets you help the community in several ways. Provide needed goods, jobs, and services to people in the area. Goods tangible products such as computers, food, clothing, cars, and appliances. Services intangible products (i. e. items that cannot be held in your hand) such as education, health care, insurance, recreation, and travel and tourism. Don"t need to have wealth as primary goal one result of successfully filling a market need is that you can make money for yourself by giving customers what they want. Best way to become a success in canada (or anywhere else) is to have a career in business. Business any activity that seeks to provide goods and services to others while operating at a profit. Entrepreneur person who risk time and money to start and.