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UNDERSTANDING BUSINESS, THIRTEENTH EDITION
Published by McGraw-Hill Education, 2 Penn Plaza, New York, NY 10121. Copyright © 2022 by McGraw-Hill
Education. All rights reserved. Printed in the United States of America. Previous editions © 2019, 2016, 2013,
and 2010. No part of this publication may be reproduced or distributed in any form or by any means, or stored
in a database or retrieval system, without the prior written consent of McGraw-Hill Education, including, but not
limited to, in any network or other electronic storage or transmission, or broadcast for distance learning.
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United States.
This book is printed on acid-free paper.
1 2 3 4 5 6 7 8 9 LWI 24 23 22 21
ISBN 978-1-260-89485-1
MHID 7-260-89485-1
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Cover image: sollia/shutterstock
Compositor: SPi Global
All credits appearing on page or at the end of the book are considered to be an extension of the copyright page.
Library of Congress Cataloging-in-Publication Data
Names: Nickels, William G., author. | McHugh, James M., author. | McHugh,
Susan M., author.
Title: Understanding business / William G. Nickels, James M. McHugh, Susan
M. McHugh.
Description: Thirteenth edition. | New York, NY : McGraw-Hill Education,
[2022] | Includes index.
Identifiers: LCCN 2020041109 (print) | LCCN 2020041110 (ebook) | ISBN
9781260894851 (paperback) | ISBN 9781264249527 (ebook)
Subjects: LCSH: Industrial management. | Business. | Business--Vocational
guidance.
Classification: LCC HD31.2 .N53 2022 (print) | LCC HD31.2 (ebook) | DDC
650—dc23
LC record available at https://lccn.loc.gov/2020041109
LC ebook record available at https://lccn.loc.gov/2020041110
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