PLEASE HELP ASAP will mark brainliest answer as many as you like just please help
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Part 1– Define the following important terms in your own words:

Competition:
Incentive:
Profit:

Part 2–Complete the following chart in your own words. One appears as an example for you.

Ben Cohen and Jerry Greenfield
Description of Entrepreneur:
Ben Cohen and Jerry Greenfield were childhood friends and started an ice cream shop. They chose a college town for their location and made fun and unique flavors. Now nearly all U.S. states have their ice cream shops and the ice cream for sale in grocery stores.
Debbie Fields Rose
Description of Entrepreneur:


Daymond John
Description of Entrepreneur:

Blake Mycoskie
Description of Entrepreneur:

Joseph Unahue
Description of Entrepreneur:

Vera Wang
Description of Entrepreneur:

Oprah Winfrey
Description of Entrepreneur:

Part 3–Answer the following questions in your own words.
How do competition, incentives, and profit motivate people and businesses? How can a good or service affect culture?
How can the growth of business lead to cultural diffusion? (You can use McDonald's® as an example.)

Respuesta :

Answer:

competition: rivalry among sellers of the same/similar items

incentive: something that encourages you to act a certain way

profit: the raw money you make after everything is taken into account

Debbi Fields Rose: Debbi Fields Rose grew up as a less fortunate woman. Her family did not have very much money to spend on high quality food or time to spend on making it. So, she learned how to make cookies.  She managed to get a loan from the bank and open her own store. Now her company grosses over $300 million from over 1000 outlets in 9 countries.

Daymond John: Growing up in Queens, New York, Daymond John's entrepreneurial talents shined at an early age. He sold everything from pencils to reconditioned cars. In 2009, he received a call from Mark Burnett asking him to join the cast of ABC's Shark Tank. This boosted his brand FUBU completely. FUBU has made $350 million in sales through 5,000 retail stores.

Blake Mycoskie: After an Achilles tendon injury, which wiped out his budding tennis career, Blake Mycoskie left SMU and launched his first business, EZ Laundry. After a few years, he came up with the idea for his most famous business, Toms' Shoes. Toms' is a widely known and popular shoe brand by all.

Explanation: