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This document provides an overview of key concepts related to business organizations and their environments. It defines business as an organization that provides goods and services to earn profits. Organizational boundaries separate a business from its external environment, which includes political-legal, economic, technological, and sociocultural factors that can influence the business. The economic environment encompasses conditions like economic growth, stability, inflation, and unemployment that affect

Author

Jayson Yong Cheah Fuk

Language

EN