Chapter 1 Economic Decisions & Systems Business Essentials Mrs. Wilson.
Understanding Business 1.1 - Business Activity Business Management (National 5) N5 Bus Man – 1.1: Business Types © BEST Ltd # Licensed to: Turnbull High.
Unit One, Lesson One Notes How is Economics defined by scarcity?
1 Purchasing at McMaster Purchasing Resources 2011.
Chapter 1 Economic Decisions And Systems. 1-1 Satisfying Needs & Wants Goals: –Explain the difference between needs & wants –Distinguish between goods.
2 - 1© 2011 Pearson Education, Inc. publishing as Prentice Hall 10 Strategic OM Decisions 1.Goods and service design 2.Quality 3.Process and capacity design.
Aon UK Limited is authorised and regulated by the Financial Conduct Authority Postmodernism in Trade Credit Insurance The beginning of the end or the end.
