1. Business is all of the activities involved in producing and marketing goods and services.
2. The two primary functions of business are the production and the marketing of goods and services.
3. Businesses can be categorized by size (large or small), by profit orientation (profit or nonprofit), by market served (customer or industrial market) or by the kind of product being provided (good, services, other).
4. E-commerce is the buying and selling of goods thought he use of electronic networks. Socratic Technologies Inc. found that over half the businesses it surveyed said the internet is central to their daily business activities. All types of businesses use the internet, which is why its becoming more and more popular.
5. Someone may want to start a small business if they are passionate about a product and want to share it with people. An example of this is my family friend Antonella. She started a small Italian food restaurant called Antonella's to share her food with more people than just her family and friends. She is doing what she loves and is making money along the way. She is a true small business success story.
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