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General Business

This comprehensive course, led by Mr. John Rouda at Winthrop University, explores essential business concepts, including entrepreneurship, risk management, and the distinctions between stakeholders and shareholders. Key topics include the internet's impact on business efficiency, economics fundamentals such as supply and demand, market structures, and the relationship between global trade and local economies. Additionally, students will learn about different business ownership types, starting and managing a business, and the importance of a well-crafted business plan.

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General Business

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  1. General Business Mr. John RoudaDIFD 321Winthrop University

  2. Intro to Business • Entrepreneurship • Risk vs. Reward • Stakeholders vs. shareholders

  3. Intro to Business • Products vs. Services • ROI and whyisitso important? • IT in Businesses and how it affects ROI…and how ROI affects IT.

  4. The Internet • Productivity • Efficiency? • Effectiveness • How do you use the Internet to makepurchasingdecisions?

  5. Economics • Macro vs. Micro • Supply and Demand

  6. Free MarketCapitalism • PerfectCompetition • Monopoly • Oligopoly • Free Market vs. Socialism… Where’s the US heading? • Communism

  7. Our Economy and how it affects you and me. • Unemployment rate • Inflation • Stagflation • Deflation

  8. Our Economy and how it affects you and me. • GDP and GNP down-flat • Price Indexes up • Householdincomedown-flat • Home Sales flat • Consumptiondown • US Trade down • Employment rates flat

  9. Global Business • Whythinkglobally? • Importing and Exporting • AbsoluteAdvantage

  10. Trade • Surplus and deficits • Tariff • Import quota • Embargo • WTO, EU, NAFTA, OPEC… what do they have to do with me? • Bartering… more thanjustcraigslist

  11. Startingyourown business • Ownership types: • Sole proprietorships • Partenerships • LLP • MLP • LLC • S-Corp • C-Corp

  12. How to getstarted • Buy an exsisting business • Start yourown • Business license • Legal Docs • Marketing strategy • Business plan • Exit Strategy

  13. How to getstarted • Buy an exsisting business • Start yourown • Business license • Legal Docs • Marketing strategy • Business plan • Exit Strategy

  14. Tangent – Website Architecture - SOA

  15. SOA • Is it for everyone? • Small Businesses vs. Medium-Large Businesses

  16. Next Time • Global Marketsand management styles

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