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Business Unit Review.

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Presentation on theme: "Business Unit Review."— Presentation transcript:

1 Business Unit Review

2 Business Organizations
Unlimited liability Most common form of business Least common Board of directors Charters Two types of partners Advantages and disadvantages to all three There are 3 business organizations Sole Proprietorship Partnership Corporation Other: non profit co-ops

3 Multinational Conglomerate Business growth Business Other
Types of merges An example of a conglomerate Reasons for merging Disadvantages and advantages to multinationals Multinational Conglomerate Business growth

4 Market Structures Market Failure
Perfect competition Monopolistic competition Oligopoly Monopoly Externalities Public goods Which has the most competition? Uses marking and advertising? Examples of oligopolies Types of monopolies Conditions for perfect competitive markets

5 Business Cycle Every business follows a business cycle
It is systematic Business fluctuations are unsystematic Two phases Two points GDP

6 Inflation Inflation (too much money chasing too few goods) (rise in the level of prices overtime) Demand pull Cost push Deflation Tightening of the money supply Stagflation

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