1. BUSINESS BASICS 2. WHAT IS A BUSINESS? Abusinessis defined as an entity that transform inputs into outputs which increases their value (wealth). A business incurcostto…

1. BUSINESS BASICS 2. WHAT IS A BUSINESS? Abusinessis defined as an entity that transform inputs into outputs which increases their value (wealth). A business incurcostto…

1. BUSINESS BASICS 2. WHAT IS A BUSINESS? Abusinessis defined as an entity that transform inputs into outputs which increases their value (wealth). A business incurcostto…

1. BUSINESS BASICS 2. WHAT IS A BUSINESS? Abusinessis defined as an entity that transform inputs into outputs which increases their value (wealth). A business incurcostto…

1. BUSINESS BASICS 2. WHAT IS A BUSINESS? Abusinessis defined as an entity that transform inputs into outputs which increases their value (wealth). A business incurcostto…

Slide 1 Slide 2 Free Enterprise System encourages individuals to start and operate their own business in a competitive system, without government involvement Marketplace…