Assignment on The Business Environment

ObjectivesIdentify the factors of production in an economic systemDefine the various degrees of competition in a free enterprise systemExplain the concept of supply and demandExplain emerging challenges and opportunities related to the U.S. business environmentAssignment OverviewThis assignment explores the evolution of American business, factors of supply and demand, the six types of business environments, and the four degrees of competition.DeliverablesAnswers to exercise questionsStep 1 Access the assignment handout.The Business Environment (opens a new window)  (Links to an external site.)Links to an external site.Step 2 Complete the handout questions.

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