Wednesday, January 8, 2014

Day 3

We learned one unit of sale which was a good refresher. That's is important to know if a company will be profitable. It was also a good refresher on what goes into cost of goods sold. Today we did secondary research for our portfolios and learned where to look. This will be really helpful for this class and assignment to be completed. We also learned about the Economics of one unit (EOU), another method for seeing if a business idea could be profitable. I really like this method and could use it in the future.

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