5.1 Notes Block 2 by Caleb Small https://padlet.com/caleb_small/ttcwoq4bhue3 Made with the help of a typing monkey en-us 2018-04-17 11:14:22 UTC 2018-04-19 17:10:37 UTC hello@padlet.com Mr. Small caleb_small https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252508588 Baby Boomers - people born between 1946-1964. ]]> 2018-04-17 11:16:18 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252508588 Jayden Barrett https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536346 Anything engaged in the primary purpose of making a profit

]]> 2018-04-17 12:42:26 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536346 Braedon Gossard https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536469 Buying Goods and Services: Every business ]]> 2018-04-17 12:42:45 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536469 Caleb Haggard https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536511 Producers create the product and services used by individuals and other businesses. 

Business activities start with producers. 

A builder obtains lumber, cement, shingles, carpet, and paint to construct a house, factory or office building.

]]> 2018-04-17 12:42:52 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536511 Anna Perkins https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536565 In 2020 the average age of U.S. workers will be over 50 years old. This is because of “Baby Boomers” where a average of the U.S. population was born in 1946-1964.]]> 2018-04-17 12:42:59 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536565 Jordan Smith https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536571 Raising Capital - financial resources are needed in order for a business to operate. This is done by using financial resources to purchase buildings, hire and train new employees, and complete daily business tasks.]]> 2018-04-17 12:42:59 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536571 Joey Roberts https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536618 One type of business is a corporation. A corparation is an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members. They affect America today becuase we know many corporations. Just like the school that we are in today. Noblesville schools corporation is an example of a copration.]]> 2018-04-17 12:43:07 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536618 Luke Barnes https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536624 182,000 large U.S. businesses employ 100 or more workers. Of those large companies, 890 employ 10,000 people.

An example of a large business that has 10,000 or more people working for them is Google, with 75,000.]]> 2018-04-17 12:43:07 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536624 Kolby bullard https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536643 Service business-A service type of business provides intangible products (products with no physical form). Service type firms offer professional skills, expertise, advice, and other similar products. An example is a repair shop]]> 2018-04-17 12:43:11 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536643 Seth Schroder seth_schroder_2020 https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536696 Generate new ideas. Businesses begins with new ideas. The later success of a business all comes and starts from ideas. These ideas allow that business to create better products than others and compete.]]> 2018-04-17 12:43:19 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252536696 Mia Blackburn https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537014 Employing & Training Personnel: human resources are valued in all businesses because at one point or another, more people become involved in a growing company. Training happens in the beginning of their employment for the signature of the company to evolve. Later on as the company grows and changes so will the training and positions for the people. The process of growing a company begins with partners, recruiting, and hiring people to help expand the business name/product. ]]> 2018-04-17 12:44:03 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537014 Sophia Buland https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537076 Nearly 19.5 million businesses, have no employees other than the owner. 

Micro businesses (1-9 employees) make up 82.3% of all businesses. ]]> 2018-04-17 12:44:09 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537076 Garion Eaton https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537113 A retailer can buy a assortment of products to sell to their customers. Companies buy a lot of products from other people to make their busniess work and grow. They might buy advertising and other things to help them grow and do better ]]> 2018-04-17 12:44:15 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537113 Dylan Jordan https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537142 By 2018 nearly one half of all jobs (47 percent) in the United States will be held by women.

A wave of retirement started in 2011 as the first group of baby boomers, turned 65.]]> 2018-04-17 12:44:18 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537142 Blaine McNabb https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537182  Percents of business 
Owner: 72.04 %
1-19 employees: 24.01%
20-99 employees: 3.27%
More than 100 employees: 0.67%]]> 2018-04-17 12:44:24 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537182 Molly Taxter https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537202 6.5 million companies employ fewer then 20 people]]> 2018-04-17 12:44:28 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537202 Joey Ackerman https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537344 When a large business opens in an area, small businesses often locate around that one business to support it.]]> 2018-04-17 12:44:48 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537344 Lennon Hardy https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537444 Intermediaries are businesses are involved in selling their products to consumers and other businesses. A great example is a company like Amazon that sells their products to businesses and other consumers. Retailers and wholesalers (a person or company that sells goods in large quantities at low prices) are two common examples of intermediaries. Specialized intermediaries are transportation companies like Uber, advertising agencies, storage centers, sales offices, and data processing centers. ]]> 2018-04-17 12:45:03 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537444 Lauren Schroeder https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537485 Just over 886,000 businesses employ 20 - 100 people. This means that 3.27% of businesses have 20 - 100 employees.]]> 2018-04-17 12:45:08 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537485 Giancarlo Mella https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537713 About 56.7 million people— 19 percent of the population — had a disability in 2010, according to a broad definition of disability, with more than half of them reporting the disability was severe, according to a comprehensive report on this population released today by the U.S. Census Bureau. This is a serious problem because people have to be paid that are unable to work and people who work have to pay for them.]]> 2018-04-17 12:45:34 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537713 Ethan Imel https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537794 Manufacturers get supplies from other producers and make them into products

Ex: Apple manufactures phones, computers, tablets, etc. ]]> 2018-04-17 12:45:45 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537794 Caleb Isenhower https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537821 A business needs to train all new employees on how to do and use certain products. ]]> 2018-04-17 12:45:49 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252537821 Aiden Venturi https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252538031 Since the 9/11 terrorist attracts a recession resulted in a loss of jobs through 2003. ]]> 2018-04-17 12:46:17 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252538031 Evan Voigt https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252538285 More than 60% of U.S employment is now in service producing businesses 

]]> 2018-04-17 12:46:51 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252538285 Konnor Gutting https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252538398  In 2008, 138 million people had jobs that were not held on a farm. 

A mini-boom of younger workers will cause the 20 to 30 year old age group to grow faster than the overall labor force. The last time that this had happened was 25 years ago. ]]> 2018-04-17 12:47:07 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252538398 Clayton Twitty https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252539448 A recession in 2009 resulted in a loss of more than 775 thousand jobs.]]> 2018-04-17 12:49:37 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252539448 Sara Kile https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252539846 Currently white non-Hispanic workers make up 68 percent of the workforce.  

From 2003-2008 total employment grew by nearly 6 percent. 

]]> 2018-04-17 12:50:31 UTC https://padlet.com/caleb_small/ttcwoq4bhue3/wish/252539846