Small businesses create more jobs than do big businesses. Small business has been a leader in offering women and minorities the opportunity for economic expression. A small business selling on credit requires a greater capital investment than one selling strictly on cash terms. Small companies will be the primary beneficiaries of the shift from an industrial economy to a service and information economy in the I 990s. Students are involved in experiencing a combination of textbook theory and currrent business practices through problem solving techniques.
All assignments are to be type written and submitted on due date assigned by instructor.
Small Business Prospects 6 Owning a Business 5 Basic Forms of Business Ownership Sole Proprietorships Partnerships Corporations Corporate Expansion. The course provides the beginning business student and the non-busint tudent with an understanding of the basic nature and scope of business and its relation to govert nd all members of society. Students examine the operation and activities of large and small ente nd the interrelationship of the various specialized fields of business. In addition, a final examination is required. . Instructors may, at their discretion, require a term paper, or presentations, etc. that they deem necessary.