Bus 100

Module-16 The role of communication channel organisation in The thrift: Markets and trade TEACHERS GUIDE P. 487 P. 491 P. 492 P. 492 P. 493 P. 496 P. 497 P. 501 Defined Content trites Materials map Lesson outline Closure appraisal Overheads VISUAlS N Visuals for overhead projector. re product to transparent paper for overhead. P. 502 NVisual-1: Market delimitate P. 503 NVisual-2: Business defined lESSonS 2 Copy and handout to students. P. 506 P. 513 P. 518 P. 522 2Lesson-I: I, Pencil 2Lesson-II: Specializing in end product signal 2Lesson-III: Wal-Mart 2Lesson assessment the role of business in the rescue Module-16 Teacher Markets and coMMerce DEFInED A foodstuff is a social arrangement that solelyows buyers and sellers to discover information and smash unpaid worker exchanges of goods and go. commerce consists of trading something of economic value such as a good, service, information, or money between both entities. business is the management and coordination of people and resources to accomplish particular production goals, unremarkably for the purpose of making profit. business, commerce, and markets create many benefits for consumers, and as a result of business, commerce, and markets in the economy, consumers experience an increased standard of living.

businesses develop resources such as labor and equipment, and businesses specialize in the production of particular goods and services. As a result of business in the economy, the variety, quality, and quantity of goods and services available to consumers increases, while the prices of good s and services decrease. To picture the imp! ortant role that business plays in the economy and its invite on your standard of living, imagine a demesne in which you personally had to produce everything you consume (see Module 3). You would amaze to upgrade your own food, sew your own clothes, cook all of your meals, and found your own car, computer, cell phone, house, and furniture. It would be impossible to in macrocosm complete all...If you want to get a full essay, rank it on our website: BestEssayCheap.com

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