What led to the formation of labor unions during the Industrial Revolution?
Due to some businesses taking advantage of their workers, many workers banded together to demand fair pay and safe working conditions.
What is the purpose of depreciation?
Depreciation is a way to represent the fact that technology becomes obsolete, the government allows companies to deduct a portion of the assets value over its useful life.
What are the three major components of any business?
Marketing, Operations, and Finance. Marketing tells the customer they need to use the company, operations figures out how to do it, and finance finds the money to do it.