TERM 1
Business
DEFINITION 1
organization that provides goods or services to earn profits
TERM 2
Profits
DEFINITION 2
difference between a business's revenues and its expenses
TERM 3
External
Environment
DEFINITION 3
everything outside an organizations boundaries that might
affect it
TERM 4
Domestic Business
Environment
DEFINITION 4
the environment in which a firm conducts its operations and
derives its revenues
TERM 5
Global Business environment
DEFINITION 5
the international forces that affect a business
