Number 3

The difference between needs and wants is that: Needs are the things in which we needs for survival such as food, water, clothing and shelter. Whereas, wants are just things that we desire to just have but do not have to have.

1-profit motive plays a big role in the enterprise system on the business impact because the more business that is there the more competition it will be causing prices to drop so that there customer will increase causing there business to be a successful one .

2-the price an non price  competition to the business impact it that the customer is always looking for the better deal an also quality so once your business   falls in role with that u will have a very successful business .

3-want is some that u want an don't really need an this is were most of us fall because we spend more on wants than needs, Needs are something that will better off your future ,to get u were you need to be .

4-the relation between the cost an profits an supply an demands falls hand in hand because u have to look at the product you are buying then you will have to look at what will you profit when you sell the product also have to make sure the supply is good so that you can get what you demand of getting for your product .

Number 2

Price is important to mature industries but they often  focus on lowering prices, this is beneficial to them and also from their experiences. Even when revenues are lost due to price in large firms they can be made up through higher volume. The same is not true for younger industries; they must focus on non-price. More important factors are quality, service and reputation, avoiding chances to compete on price factors. They add value to the market, differentiating themselves from the competition.

Number 1

In a free enterprise system Profit motive targets the amount of profit that is to be earned and measures the success of that business. Competition is good for consumers because it provides choices, forces companies to improve quality, it becomes more efficient and leads to a surplus that brings prices down. Profit motive and competition encourages the production of quality products that meets the needs of consumers and can bring prices down; therefore, the impact that profit and competition has on the free enterprise system is that consumers are able to choose which products they buy and where they purchase them from and at a better rate. 

1.I believe that when it comes to decision making, that you should follow the seven steps. To every goal or anything that you are trying to accomplish you must have a plan. Same thing applies to decision making.

Number 1: You must define all of your needs and your wants. It simply means that you must take the time to think of what you want in your life, things like if you want to be working for people or do you want to own your own business. The type of lifestyle that you want to live. Can even be the type of house or neighborhood that you want to be in.

Number 2: You must analyze your personal resources. Which means the career that you can see yourself doing well in. Finding out your interests which means of you being aware of who are and what you have to offer will help you make good choices in life.

Number 3: You must identify your career choices. Which means that you will select several careers and match them to your need and resources. Take the time to research to see in which you think will suit you best.

Number 4: Research your career choices. Which means getting to know what you are getting into.

Number 5: Evaluate your career choices. which means by learning and understanding the field so that when you take the time to learn it you will already have a understanding of it.

Number 6 and 7: Make your decision and plan how to reach. Which means that you might change your career path because it may seem unrealistic or undesirable to you, but you can then repeat all of the steps to decision making to start another path.

2.With a $1000, I would use the seven steps to use the money wisely. By that I mean I would take the time to invest the money into learning to better myself in life, or invest the money to turn into more.

3.You can identify your career choice by simply knowing the things that you love. Someone once told me that you get into a career that you know what you love because it makes working easier for you. That showed me that its not all about the money, its about using your time wisely and doing something that you can enjoy and have a passion for.

General Values

Courage is an important value of mines because with courage I am not afraid to complete my goals/dreams. Courage is not the absence of fear, but the strength to overcome it and once you can overcome fear you can accomplish anything.
   
Relationships is another value that is important to me.  Having good relationships with friends, family, co-workers can carry you a long way as to where you where you want to go in life.    

General Values

The three values most important to me are:

1. Responsibility: In order for a person to become successful they must first learn responsibility. Responsibility helps one to learn how to take care of something or someone that is important to them, even beneficial. A responsible employee is on time for work takes their duties seriously, knows what they want and pushes towards that goal. That employee then becomes a valuable asset to the workforce.
2. Compassion: Compassion can show the type of person that  you are by the way you treat people that are maybe in a bad situation for example. Compassion also can determine the way people treat you. I feel that it is important also because there are many people that are hurting and if we can lend a helping hand we should because it could have been us in the situation. Just to show how serious it is, for example, if Christ had not had compassion on us you tell me where we would be or end up?
3. Courage: I believe it is very important for us to be courageous and our courage can say a whole about us. Courage can cause you to stand up for what is right and it can also help us to move toward our life goals. It pushes off the fear that tells us we can't do something or what would happen if we do; courage certainly puts the ball in our court. Also it puts one in a different light causing them to be bold, express themselves and achieve things they never would have had they just sat back in fear.