General BusinessMr. John Rouda
DIFD 321Winthrop University
Intro to Business
• Entrepreneurship• Risk vs. Reward • Stakeholders vs. shareholders
Intro to Business
• Products vs. Services
• ROI and why is it so important?
• IT in Businesses and how it affects ROI…and how ROI affects IT.
The Internet
• Productivity• Efficiency?• Effectiveness
• How do you use the Internet to make purchasing decisions?
Economics
• Macro vs. Micro
• Supply and Demand
Free Market Capitalism
• Perfect Competition• Monopoly• Oligopoly
• Free Market vs. Socialism… Where’s the US heading?
• Communism
Our Economy and how it affects you and me.
• Unemployment rate• Inflation• Stagflation• Deflation
Our Economy and how it affects you and me.
• GDP and GNP down-flat• Price Indexes up• Household income down-flat• Home Sales flat• Consumption down• US Trade down• Employment rates flat
Global Business
• Why think globally?
• Importing and Exporting
• Absolute Advantage
Trade
• Surplus and deficits• Tariff• Import quota• Embargo• WTO, EU, NAFTA, OPEC… what do
they have to do with me?• Bartering… more than just craigslist
Starting your own business
• Ownership types:• Sole proprietorships• Partenerships• LLP• MLP
• LLC• S-Corp• C-Corp
How to get started
• Buy an exsisting business• Start your own• Business license• Legal Docs• Marketing strategy• Business plan• Exit Strategy
How to get started
• Buy an exsisting business• Start your own• Business license• Legal Docs• Marketing strategy• Business plan• Exit Strategy
Tangent – Website Architecture - SOA
SOA
• Is it for everyone?
• Small Businesses vs. Medium-Large Businesses
• Global Markets and management styles
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