1. You are owner of a car dealership/servicing business. Why are financial reports and accounting information important to run your business? Give specific examples of two aspects of your business that you need to be aware of in terms of relevant financial information (For example: cash flows, profitability, expenses, etc.).
2. What business skills should you develop in school that you can transfer easily to your professional life and make it a success? Give a few examples based on what you learned from this Business Principles course.