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Economic systems and the business environment

Factors of production, the main economic systems, supply and demand, market structures, the macroeconomic indicators and the fiscal and monetary levers that move them.

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  • Vorderseite barriers to entry
    Rückseite Factors, such as technological or legal conditions, that prevent new firms from competing equally with an existing firm.
  • Vorderseite business
    Rückseite An organization that strives for a profit by providing goods and services desired by its customers.
  • Vorderseite business cycles
    Rückseite Upward and downward changes in the level of economic activity.
  • Vorderseite capital
    Rückseite The inputs, such as tools, machinery, equipment, and buildings, used to produce goods and services and get them to the customer.
  • Vorderseite capitalism
    Rückseite An economic system based on competition in the marketplace and private ownership of the factors of production (resources); also known as the private enterprise system.

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Lizenz
Creative Commons Attribution 4.0 International CC-BY-4.0
Attribution
Source : https://openstax.org/books/introduction-business/pages/preface — Licence : Creative Commons Attribution 4.0 International (https://creativecommons.org/licenses/by/4.0/)
Quelle
OpenStax — Introduction to Business (first edition)
Abgerufen am
Thema
Geisteswissenschaften
Sprache
English
Fassung
3
Aktualisiert am

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