Dayton biz 201 - Study guides, Class notes & Summaries

value - Answer-The relationship between the price of a good or a service and the benefits that it offers its customers profit - Answer-money that a business earns in sales, (or revenue), minus expenses loss - Answer-occurs when a business incurs expenses that are greater than its revenue nonprofits - Answer-business-like establishments that employ people and produce goods and services with the fundamental goal of contributing to the community rather than generating financial gain dimension...

value The relationship between the price of a good or a service and the benefits that it offers its customers profit money that a business earns in sales, (or revenue), minus expenses loss occurs when a business incurs expenses that are greater than its revenue nonprofits business-like establishments that employ people and produce goods and services with the fundamental goal of contributing to the community rather than generating financial gain dimensions of business environment economic...