Complete the Lesson One Assignment . Submit the Lesson One Assignment, along with a completed Student Information Sheet , to Extended Studies according to the directions given for either e-mail or regular mail . Be sure to include a Lesson Cover Sheet if submitting lessons by regular mail. You may now proceed to Lesson Two. Making a profit is the main purpose of every business.
Businesses make a profit by selling products that satisfy the needs of consumers.
In our case we will be producing tacos to satisfy the hunger of our consumers. One common point of confusion I want to identify here is simply what qualifies as a product. A product can be a good, a service, or an idea. The answer is no. Despite the fact that we would take in revenue and pay expenses to provide a product, we wouldn t be considered a business.