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By Goilo E.R.
"The simply goal of this booklet is to assist those people who are no longer conversant in our language, that they guy research it within the easiest way."
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First, we discuss what you must do to be successful in the world of business and explore some important reasons for studying business. Then we define business, noting how business organizations satisfy their customers’ needs and earn profits. Next, we examine how capitalism and command economies answer four basic economic questions. Then our focus shifts to how the nations of the world measure economic performance, the phases in a typical business cycle, and the four types of competitive situations.
To accelerate Trimit’s momentum, D’Aloisio decided to give it away instead of charging for it. The app’s download numbers skyrocketed, bringing it to the attention of Horizon Ventures, a firm that invests in businesses when they’re in the early stages of growth. Horizon invested $250,000 to commercialize the app, which was renamed Summly and relaunched a few months later. As Summly, the app was downloaded 30,000 times in the first week alone, putting D’Aloisio squarely on the path toward his goal of building a $1 million app business.
For consumers, the government, and businesses, green means a new way to save natural resources, to protect the environment, and often to reduce our dependence on oil from foreign countries. Chapter 1 Exploring the World of Business and Economics Copyright 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience.