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General Business

General Business. Mr. John Rouda DIFD 321 Winthrop University. Intro to Business. Entrepreneurship Risk vs. Reward Stakeholders vs. shareholders. Intro to Business. Products vs. Services ROI and why is it so important?

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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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