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BUS 100 Chapter 1: The Dynamics of Chapter 1: The Dynamics of Business and Economics Business and Economics

Dynamics of Business and Economics

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Mini-lecture for BUS 100, Introduction to Business.

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Page 1: Dynamics of Business and Economics

BUS 100

Chapter 1: The Dynamics of Business and Chapter 1: The Dynamics of Business and EconomicsEconomics

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activity that provides goods or services to consumers for the

purpose of making a profit

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profit?

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revenue- expensesprofit (loss)

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participants?

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functional areas

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Photo Credits

• Economics challenge: http://flickr.com/photos/indiana-shutterbug/

• (going out of) business: http://www.flickr.com/photos/tracy_collins/

• Back in business: http://flickr.com/photos/duncan/• Jeff Frase: http://www.flickr.com/photos/josephrobertson/• Gnomon copy: http://www.flickr.com/photos/kkanouse/• Del Amo Customer Service:

http://www.flickr.com/photos/metrolibraryarchive/• Leadership, Operations, Marketing, Accounting,

Finance : http://www.flickr.com/photos/lumaxart/• Brillas & Pagans factory:

http://flickr.com/photos/bernatcg/• Metro Auto: http://flickr.com/photos/dystopos/