In this course, you will discover the meaning of key economic terms, such as costs, revenue, profit, risk, and
return on investment. You will evaluate risk to reward assessment when considering investing capital into
companies or new startup business ideas. You will also learn about the profit margin misconception.
Estimated completion time (hours): 1.1
Estimated completion time (hours): 1.1
Objectives
By the end of this course, you will be able to do the following:- Define key economics terms
- Explain the risk to reward assessment performed by stockholders and entrepreneurs
- Explain the profit margin misconception
- Describe the relationship of profit margins to the future success of an organization
- Summarize the importance of teamwork and collaboration among managers and front-line associates
Estimated Time (Hrs): 1.1
Language: English