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competition economy is a rivalry among sellers trying to achieve such goods as increasing profits, market share, by varying the elements of marketing.
Tangible and intangible things owned by individuals or firms over which their owners have exclusive and absolute legal rights, such as land, buildings, money, copyrights, patents, etc.
higher purpose is important because its something to strive for that is bigger than you. We all want to matter and to make a difference in the world, at work, or in someone else's life.
stakeholders are important because its an independent party with whom each of those who make a wager deposits the money or counters wagered. this helps people trust other people with their money
culture is important because Cultural economics is the branch of economics that studies the relation of culture to economic outcomes.
leadership the action of leading a group of people or an organization. this is important because without a leader your company will not run well at all. every business needs a leader and so does everything else in the world.
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