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Business Management 2024
- Exam (elaborations) • 34 pages • 2024
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Business Management 2024 
 
Business The organized effort of individuals to produce and sell, for a profit, the goods and services that satisfy society's needs. 
 
What are the four resources a business needs in order to be successful? Human resources, material resources, informational resources, and financial resources. 
 
What do service businesses do? They provide services. 
 
Ex: Haircuts, legal advice, tax preparation, etc. 
 
Intermediary Go-between; mediator. 
 
Are businesses that under...
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