How did they answer the three basic economic questions What goods and services should be provided? (in other words, what are they producing/offering for sale) How should they be provided? (in other words, what labor or capital is necessary for this business to exist) How should they be distributed? (in other words, who is the target market)

The Role in the Economy Competition (who are direct competitors and who are indirect competitors) Risk (what risks could cause success or failure) Profit (How do you determine profit? How can you change variables)