What is Business? Business is the exchange of goods, services, or money for mutual benefit or profit. Business needs people as owners, managers, employees, and consumers. People need business for the production of goods and services and the creation of jobs. Business objectives Business must achieve their objectives to remain in operation. Lists of business objectives generally include such factors as profit, survival, growth, and social responsibility. Survival, Growth, and Social Responsibility Survival is an obvious objective. Other objectives can be accomplished only if the business enterprise survives. Growth…
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