Part 1 Looking at the Business Environment

Chapter 1 Business Basics

  1. Define business, and list the factors of production.

    The business landscape in the United States is vast and varied. Ben Silberman launched the successful website Pinterest. Meanwhile, the Chang family opened a small Chinese restaurant. What do these seemingly unrelated businesses have in common?

  2. Explain how competition, the social environment, globalization, and technological changes challenge and provide opportunities to business owners.

    Leroy Washington is the owner of a local deli in Florida. When a Subway franchise ...

Get Better Business, 5/e now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.

Start your free trial