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  • PURPOSE OF BUSINESS
  • HELLO EVERY ONE THE PURPOSE OF BUSINESS IS TO FULFILL THE NEEDS AND WANTS OF CONSUMER
  • Items necessary for existence, such as clothing, food, and shelter. wants are Items that would be nice to have, but are not necessary.
  • NEEDS AND WANTS
  • CONSUMER
  • A person who uses goods or services. Many times the consumer is also the customer.
  • PRODUCT
  • Price (establishing the price of the product)
  • GOODS
  • Items businesses sell that can be physically weighed or measured, such as iPod's and
  • PROFIT 
  • Money that remains after a business has paid for the expenses of running the business.
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