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  • Purpose of Business
  • The purpose of a business is to fulfill the wans and needs oa Profit Motive
  • needs and wants 
  • wants are not necessary but they make you feel more comfortable 
  • Needs are things that are necessary for survival 
  • I want these new toys 
  • Consumer
  • A consumer is someone uses goods or service 
  • Products
  • products are physical goods or services that can satisfy consumer needs 
  • Goods-clothing,cars,computers,cd
  • Goods and Services
  • Services-hairdresser, dry cleaner,lawn care,babysitting 
  • Profit Motive
  • profit motive-desire to make money;see the opportunity to make money in market place 
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