Now that you have read through Chapter 2, answer the questions in the attached document. Submit your answers as a separate Word document and upload it through Canvas.
Questions on Chapter 2-1.docx Download Questions on Chapter 2-1.docx
The rubric that will be applied for this assignment is:
Submitted as a Word document, by the due date, with the answers in complete sentences and correct: 35 points.
Submissions that meet the above criteria but have some incorrect answers: Less than 35 points; depending on what is incorrect.
Late submissions that meet the first category: 25 points.
Late submissions that meet the second category: Less than 25 points; depending on what is incorrect.
For inclusivity, the questions are pasted below:
1. What is a business?
2. What is the difference between revenue and profit?
3. Watch the video linked here and answer the question: Why is cash flow more important than profit?
4. Who are owners?
5. Who are stakeholders?
6. Briefly define the 5 functional areas.
7. Briefly describe the components of PESTEL.
8. Watch the video linked here – https://vtechworks.lib.vt.edu/handle/10919/88014 – and tell me which was a better learning experience for you, the text or this video.
