What is the difference between a good and a service?, How do businesses make money (use the R-E=P equation)?, What is the relationship between risk and reward and where do you stand on the risk-reward continuum?,
TASK Write a 2-3 page paper. Pretend you are an entrepreneur selling a good or a service. Briefly describe your product and then, using your business as an example, explain the following: What is the difference between a good and a service?, How do businesses make money (use the R-E=P equation)?, What is the relationship […]