Business is an activity that buys sells services and goods to earn money, and to make one’s living. One way that entrepreneurs gain their opportunities to start a business is by investing in multiple businesses, this is important for entrepreneurs because they would gain an opportunity to expand their business faster, they would be able to employ more workers, and to also make more money.
Business had made me understand the SOI, understand that entrepreneurs must innovate in order to remain competitive over time (change), better as I realized that in order for different companies to improve and grow, they would need to make more innovations so that more customers would buy their service/product. An example is how Apple would release a new iPhone each year.
What I have learned in business taught me more about the global context, Orientation in time and space. It means exploring different perspectives. In business, we researched about different companies, how they started, if they had any problems starting off, and also how they grew their business. This made me understand better about how some of the different well known companies would also fail at the beginning of starting their business, but without giving up, they are able to succeed.
