Read Chapter 1 of Understanding Business - Nickels, McHugh and McHugh and complete the following questions posting your work in the submission box in myclasses.
1. Compare and contrast being an entrepreneur to being an employee of a company. (identify 5 specific points to compare and 5 specific points to contrast)
2. Analyze the current economic environment in regard to starting a business and growing the economy. (identify 5 specific points for your analysis)
3. Identify future technology that will develop new opportunities for businesses. (identify 5 specific points)
4. Describe the various forms of competition in todays business environment. (describe 5 specific points)
5. Analyze the social changes impacting business today and in the future. (identify 5 specific points for your analysis)
Please read the chapter and review other information in the news and on the web prior to answering the questions.
Please answer the questions based on applying and referencing terms, definitions and concepts from the chapter.