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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? - PowerPoint PPT Presentation
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General BusinessMr. John Rouda
DIFD 321Winthrop University
Intro to Business
• Entrepreneurship• Risk vs. Reward • Stakeholders vs. shareholders
Intro to Business
• Products vs. Services
• ROI and why is it so important?
• IT in Businesses and how it affects ROI…and how ROI affects IT.
The Internet
• Productivity• Efficiency?• Effectiveness
• How do you use the Internet to make purchasing decisions?
Economics
• Macro vs. Micro
• Supply and Demand
Free Market Capitalism
• Perfect Competition• Monopoly• Oligopoly
• Free Market vs. Socialism… Where’s the US heading?
• Communism
Our Economy and how it affects you and me.
• Unemployment rate• Inflation• Stagflation• Deflation
Our Economy and how it affects you and me.
• GDP and GNP down-flat• Price Indexes up• Household income down-flat• Home Sales flat• Consumption down• US Trade down• Employment rates flat
Global Business
• Why think globally?
• Importing and Exporting
• Absolute Advantage
Trade
• Surplus and deficits• Tariff• Import quota• Embargo• WTO, EU, NAFTA, OPEC… what do
they have to do with me?• Bartering… more than just craigslist
Starting your own business
• Ownership types:• Sole proprietorships• Partenerships• LLP• MLP
• LLC• S-Corp• C-Corp
How to get started
• Buy an exsisting business• Start your own• Business license• Legal Docs• Marketing strategy• Business plan• Exit Strategy
How to get started
• Buy an exsisting business• Start your own• Business license• Legal Docs• Marketing strategy• Business plan• Exit Strategy
Tangent – Website Architecture - SOA
SOA
• Is it for everyone?
• Small Businesses vs. Medium-Large Businesses
• Global Markets and management styles
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