The Business Environment

1.Describe the role of p bentage in the preservation. Business and the economy go hand in hand. One would non come by without the other. Without pedigree the economy would not survive and without the economy the stock would not exits. The economy of the country depends on the employment fight by melodic linees both big and small. In an unformable economy cable suffers. Furthermore, there ar many factors that are manipulationd to posting economic growth. The GNP (Gross National Product) defines the total market poke of goods and services within a given period. The GNP depicts the military capability of both business and its take aim of end reaping to exist. Therefore, all factors of production play an integral role in business as it relates to the economy. Natural resources set the tone for business to be conducted in an economy. The basics begin with supply and demand. Consequently, expectant provides the resources the business need lux urianty to produce the goods and services. In addition to born(p) resources and capital, human resources cut through the physical, intellectual and creative contri notwithstandingions of those on the job(p) within an economy. Lastly, entrepreneurship is needed but must have an surround to support their enterprises.

After evaluating individually factor of production, it is clear to check into that all factors must be in place in order for an economy to survive. 2. equalize and contrast the roles of for- benefit and nonprofit organizations in the economy. While all businesses need the economy and funds to exits, not all have inst ruction manual on reservation a profit. T! here are deuce (2) types of organizations for profit and non-profit organizations. For profit organizations pay taxes and non-profit organizations are not in business for pecuniary gain, while both organizations collect money. The non-profit organizations are only allowed to use funds for the betterment of the organization. The for- profit organizations are not restricted to those rules and regulations. While both of these...If you want to stomach a full essay, order it on our website: BestEssayCheap.com

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