Business Fundamentals was developed by the Global Text Project,
which is working to create open-content electronictextbooks that are freely available on the website
http://globaltext.terry.uga.edu. Distribution is also possible viapaper, CD, DVD, and via this collaboration, through Connexions.
The goal is to make textbooks available to the manywho cannot afford them. For more information on getting
involved with the Global Text Project or Connexions email us atdrexel@uga.edu and dcwill@cnx.org.
Editor: Molly Lavik (Vatel International Business School Los Angeles, USA)
Reviewer: Debbi D Brock (Berea College, USA)
The business eco-system
Whether you possess the characteristics of an entrepreneurial mindset, or work for someone who does, you can still be instrumental in starting a new venture by understanding the business eco-system. What is a business eco-system? A business eco-system is a set of business components that form the foundation of a new venture’s creation. Figuratively, the business eco-system is like a wheel that rolls your new venture forward which is why we represent the business eco-system in a wheel-shaped model .
t he silly nut company makes two mixtures of nuts: mixture a and mixture b. a pound of mixture a contains 12 oz of peanuts, 3 oz of almonds and 1 oz of cashews and sells for $4. a pound of mixture b contains 12 oz of peanuts, 2 oz of almonds and 2 oz of cashews and sells for $5. the company has 1080
Lairene and Mae are joking that their combined ages equal Sam’s age. If Lairene is twice Mae’s age and Sam is 69 yrs old, what are Lairene’s and Mae’s ages?