Using information from the textbook and also information from current issues, please answer the following:

1. What is a Business?
2. What is the difference between Revenue and Profit?
3. What do you think you need to be successful in Business?
4. Imagine you are thinking of starting a restaurant in your community: (Answerat least 3 of these questions)Who will be your stakeholders?
5. What are some of the things you can do to benefit your community other than providing jobs and tax revenue?
6. How will you establish good relationship with your suppliers? With your employees?
7. Is there any conflict between your desire to be profitable and your desire to pay employees a living wage?
8. Which of your environmental factors outlined in Chapter #1 might have the biggest impact on your business? How?