Introduction to Business

Branding

In marketing branding is very important businesses
will spend lots of money to make sure people see there
products

Product Design

Businesses need something that people will buy
and making something that looks interesting and
people will buy

Competition

Having competition is important without competition
brand and business would not improve the products
they are producing.

Income Managment

Income Managment is something to help
people control over spending for nesscary and
unesscary needs

Saving and Banking

This is about saving money for emergency
situations and finding a financal intution that
is best fit for you.

Expenes

These are different types of fees thats are mandatory
to pay taxes, licencing, etc.

Autocratic

This when one person in the company makes the decisions on behalf of the company.

Democratic

This type of leadership is when multiple member of the company come together to make decisions.

Laissez-Faire

This is the last type of leadership when the leader lets the employees have some freedom and do there own ideas.

Balance Sheet

A Balance Sheet is used to show a persons or
business financal purchases and lialbilitys

Assests

Assests are supplies that are owned with
value for money.

Lialbilities

Lialbilities are the debts/money that is owed