Business in a Nutshell Owning your own business may be more complicated than you realize. Some types of business are ownership, free enterprises, accounting, sales, marketing, and, business departments and regulations. Did you know that about one million new businesses are started each year in America, of those approximately two hundred thousand will survive five years? (Covello, 1) Business includes the activities of all commercial producers of goods and services. (Hogetts, 1) A business consists of a variety of producers, such as small shops or huge organization. All businesses provide goods, services, and jobs. Most people benefit from a business if the business produces products that consist of good quality. The merchant, such as the store, sells its products to the consumer, such as the customer. There are many different advertising and marketing techniques to help the business bring an increase to the net income. Business plays a dominant role in the United States, Canada, and other nations that have an economy based on free enterprise. (Hoggets, 3) There are many dif......

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