Business Unit 1

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    Unit 1 Intro to Business

    An Inventor and His Struggles to Start His Business Troy Wollenbecker AIU Online Abstract Troy has an invention that he wants to start a business around. He finds out very quickly all the questions he needs to find answers to. Troy has a family and low net worth to get things moving. Troy also knows little about managing and financial responsibilities of running a business. These are all struggles Troy faces in the midst of inventing and patenting my project. Making the correct decisions

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    Business Unit 1

    Unit 1 - Setting up a Business Revision Guide Exam Details Unit Title: | Unit 1 – Setting up a Business | Type of Assessment: | Written Paper (1 hour) | Marks available | 60 marks - 40% of the GCSE | Date of the examination (and session) | Tuesday 22 May 2012 | The Syllabus Section 1 – Starting a Business | Content | | R | A | G | 1 | Enterprise: What is business? | | | | | 2 | Finding a gap in the market | | | | | 3 | Franchises | | | | | 4 | Business

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    Btec Business L2 Unit 1 P5

    Characteristics of The Sutton Business Environment In Sutton, there are multiple markets (Mass Markets being products that everyone buys, Product Markets being markets that control the supply and demand for those goods, while financial markets relate to buying and selling shares and stocks), from mostly the secondary and tertiary sectors. This includes banking (in the tertiary sector) and (manufacturing in the secondary sector). The Sutton area has the following markets in the secondary sector:

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    P6 - Unit 1 Business

    P6 - Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders. Political Factors: Tesco Government support with an organisation as big as Tesco's there will be many topics that may affect them. For instance political. This could include government support, provide, enhancing skills of the working population of Tesco's which may include training days or induction days if you have just been previously employed

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    Btec Business Level 3 Unit 1 P1

    Name: Arsalan Anwar Business level 3 Unit 1: P1 Introduction: In this assignment I will be selecting two contrasting business which are going to be Tesco and Oxfam. I will be writing a written report describing their purposes and ownership, to do this I’ll talk about what goods and services they offer and to whom they offer these to. Finally I’ll talk about where they operate and which industrial sector of the economy they operate in.

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    Unit 1 Business Environment

    Unit 1 Business Environment ntroduction  For this task I have been asked to discuss the stakeholder’s aims and objectives of my two businesses. It is important for stakeholders to have an influence as they can offer ideas and anything the company is doing is in their interest.  Aims of Waitrose • The aims of Waitrose are to offer a top quality service and also try have get their customer to be eating organic affordable food by 2012.  • They also are trying to get their own farm to own and

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    Business Environment Unit 1 Merit Grid

    finding new people to support the expansion of the business. | Suppliers | Prompt payment want loyalty repeat orders | Ensure prompt payment so that respect is gained between the business and supplier, to guarantee the best products/ services and repeat orders. | This links to the strategy “To be as strong in everything we sell as we are in food”, since groceries is their expertise and that’s what they are known for, however to compete with other business and increase profitability, they had to diversify

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    Unit 1 - Introduction to Business Ethics

    the customers, and lastly advise the customers and the public of the new version of the product with the corrected areas of concern. What can be done to ensure that a strong sense of business ethics permeates your company? There are several things that can be incorporated to ensure that a strong sense of business ethics permeates the company. This would be very crucial for the company. First the company could develop a board of directors to ensure management has a direct involvement with the ethical

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    Btec Business Level 3 Unit 1 P6

    influence of the two contrasting economic environments on business activities within a selected organisation The chosen organisation to which I am going to be writing about is Asda. This is from the fact that Asda is a large supermarket to which everyone knows about. I am going to be looking at their contrasting economic environments on their business activities. There are 2 important economic environments that have an influence on business activities, growth and recession  When economic growth

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    Btec Level 3 Business- Unit 1- the Business Environment

    The Business Environment Contents Page Tesco- The business environment.................... NHS- The business environment....................... Tesco Suppliers.................................................. NHS Suppliers.................................................... Bibliography...................................................... Tesco- The Business Environment Tesco was started in 1919 in London’s East End; it was Jack Cohen who started selling from a stool after

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    Btec Business Level 3 Unit 1 D1

    A stakeholder is someone in a business who has an internet in the decision making that business make are stakeholders. Customers: Tesco wants customers to have good quality products. Most customers know about which products are best. For example customers want their products to be really high quality before they buy the product. The regular customers for Tesco’s may get a discount price on the product because they are registered to receive offers however great Ormond street is grateful to customers

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    P3 Unit 1- the Business Environment

    consists of the aims & objectives stated above. They decide on the cascading of these objectives and what aim’s they need to meet by taking their main business goal which is to continue to be one of the most popular globally known beverage businesses and they look at how the world changing and the trends & forces that shape their business may affect this so that they are prepared and one step ahead of the system. They use a wide span of control. SMART objectives refer to evaluating and seting

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    Unit 1 P1 Btec Business

    major British retailer which was founded in 1884 and operates 766 owned and franchised stores in the United Kingdom; and 418 owned and franchised stores in 51 territories in Europe, the Middle East, North Africa, and Asia. Type of business M&S is an international business because it is located in various other countries with the United Kingdom and 418 owned and franchised stores in 51 territories in Europe, the Middle East, North Africa, and Asia. M&S is in the private sector organisation because

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    Business Btec Level 3 Unit 1 M2

    For this assignment I will compare the challenges to selected business activities within my chosen business in two different economic environments. I will analyse whether national demand and GDP are rising or falling and how they are affecting my chosen business. Recession Recession is a significant decline in economic activity spread across the economy, lasting more than a few months. Recession would impact in Rudding Park Hotel due to the fact of recession effects. During recession, as sales

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    Unit 1

    Edexcel BTEC Level 3 Subsidiary Diploma in Business Unit 2:Start date:Deadline date:Assessment feedback will be provided by:Assessor: | Business Resources | Unit Code:QCF Level 3:Credit Value:Guided Learning hours: | D/502/5409BTEC National1060 | Assignment 1 – ‘Human Resources’Purpose Learning OutcomesAfter completing this unit, you should: * Know how human resources are managed * know the purpose of managing physical and technological

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    P6 Unit 1 Btec Business Level 3

    Social) Name of organisation 1 impact on business activities and stakeholders. Name of organisation 2 impact on business activities and stakeholders. Consumer protection (Social) Consumer protection is a group of laws and organizations designed to ensure the rights of consumers as well as fair trade, competition and accurate information in the marketplace. This also can be a political factor as it makes the information of the business correct to make sure the business is selling items honestly and

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    The Business Enviroment Unit 1 P1

    The Business Environment In this assignment I am going to be explaining how the style of organisation fulfil their purposes, I am going to do this by defining the different business terms and how this affects the Business. Business environment Gross profit is the difference between revenue and the cost of making a product or providing a service, before deducting overhead, payroll, taxation, and interest payments.Net profit is the sales and revenue made over the net on the online database on how

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    Btec Business Level 2 Unit 1 P5

    Changing the importance of the three sectors 1. What are the 3 sectors of business activity? There are three sectors and they are: • The Primary Sector- this is the sector where raw materials are collected for example, farming, fishing and mining. • The Secondary Sector- In this sector the raw materials are manufactured and turned into a selling product, for example making a plastic bottle from oil. • The Tertiary Sector- this is the retail sector where the manufactured products are sold but

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    Unit 1 Business

    shut down stores lacking in making profit and avoid spending excess funds. Marketing information obtained through research is used by McDonald to help them identify how to move businesses forward with better planning and strategies that suits their business, it helps them to come up with a fast solution if products need to be improved, redesigned and quality checked. As a fast food retailer McDonald produce most of it's food unhealthy which leads young generation to obesity so therefore they will be

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    Business Level 3 Unit 1 P1

    Sainsbury’s it to record financial transactions, actual or planned. By using the figures given you can produce financial information. Here are some reasons why accounting in a business is important. Recording transactions is important for Sainsbury’s because by keeping up to date records this will allow them to have a smooth running business. Monitoring activity is important for Sainsbury’s because there records will be updated on a daily basis and by using monitor activity it will provide good information

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    Business L3 Unit 1 P2 M1 D1

    Stakeholder rank of importance | Business | | Costa coffee | The dogs trust | 1st | Customers – customers are the people who buy products/services from a business. Customers are interested in the business because they are the ones who use the products/service which it provides. I think the customers are the most important stakeholders for costa as without the customers they would make no money and the business would shut down. Therefore costa has to keep regular customers happy at all times so

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    Business Btec Level 3 Unit 1 P6

    Editor has asked you to produce a report to your readers which discusses the business activities of your global organisation. You are to report on the following issues in a way that is easy for them to understand. • Describe how the main political, legal and social factors effect the business activities and the stakeholders of the organisations described in P3 & P4. (Drayton Manor and your chosen Charity). Business activities should include any activities carried out by the organisation to achieve

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    Business P1 Unit 1

    P1: describe the The marketing mix- 4 p’s – product or service offered by a business The promotional mix – 7 p’s looks at the promotions a business uses for a product. Coke is targeting individuals as they have put name on the bottles and to try and persuade you to buy it because it has your name on it. McDonald’s- save4 menu- showing that there is something there for everybody. When did both campaigns run- Coca cola- 2012 during the summer –the Olympics. McDonald’s 2012 The

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    Unit 1

    Unit 1 Strategy Unit 1 Strategy Bailey Nelson MT460 Bailey Nelson MT460 A business strategy means the company is set out to achieve its desired objectives. It can simply be described as a long-term business planning. Typically a business strategy will cover a period of about 3-5 years but can sometimes even be longer. Strategic management is a three-tier process involving corporate, business, and functional-level planners, and support personnel. At each progressively lower level,

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    Unit 1 Business Communication

    These ways include; verbal, written, on-screen, multimedia and web-based. P1 Verbal Face-to-face verbal communication is the simplest type of communication to understand, people are less likely to misinterpret things that are being said. In the business environment it is not always possible to meet in person and is more convenient to talk on the telephone. Telephone conversations are also an effective way of communicating and it is important to use a variety of different methods. There are many

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    Unit 1 the Business Environment

    Faculty: Business and IT Exeter College BTEC Assignment Brief |Course Title: BTEC 90 Credit Diploma in Business/BTEC Certificate in | | |Business | | | |

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    Unit 21 Creating Business Document Level 1

    Website: www.dsr/ltd.co.uk CREDIT NOTE To: P&A Maintenance Date: 30/09/13 33 Brixton Hill Road INVOICE: 0881 Brixton CREDIT N: 1188 SW12BL QTY | Description of items | Unit price | 1 | Bottle of wine | £ 45 | 2 | Tuna sandwich | £4.5x2 | 1 | Salad tray | £5 | Subtotal | £ 59 | VAT 20% | £ 12 | Total | £ 71 | REASON FOR RETURN Unfortunately these products are beyond the due date. DANIA’S RESTAURANT 88 Brixton Road Brixton SW22BL TEL:

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    Business Unit 1 P1

    will be talking about key stakeholders who influence the purposes of two businesses, the business I have chosen are Tesco and Asda. Also I will be talking about the interest of owners, customers, suppliers, employees, trade unions and shareholders have in the businesses. Another point I will be talking about is why business have to consider local communities and pressure groups when operating their business. Tesco and Asda key Stakeholders are; Customers: Customers want good quality products and

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    Unit 1 - Business

    Importance of stakeholders (easy Jet) List in order of importance 1. Owners 2. Employees 3. Customers 4. Suppliers 5. Government 6. Media 7. Trade unions 8. Local businesses 9. Local and/or national communities Owners are by far the most vital stakeholder in the running of the business, I believe that they are the reason that the business is up and running they allow for vital decisions to be made within the business, things such as various location of the branches have to be carefully

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    Unit 1: Business Environment

    Learner Name | Assessor Name | Bayan Kaid | MR. Fred Nzuku | Date Issued | Completion Date | Submitted on | 11/9/2015 | 28/9/2015 | 28/9/2015 | Qualification | Unit | BTEC LEVEL 3: EXTENDED DIPLOMA IN USINESS | Unit 1: The Business Environment | Assignment Title | A magazine to promote local businesses in Nairobi County | In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. |

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    Unit 1: the Business Environment

    A stakeholder is anyone who has an interest in what a business does or an influence upon the business. BT has many stakeholders, for example, internally there are employees and externally there are suppliers and the government. All stakeholders have an interest in the business so they therefore have an influence in BT in one form or another. Within BT there are many different stakeholders that work together. For example employees may communicate with directors and managers. However, not all of these

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    Business Btec Level 3 Unit 1 - P1

    Unit 1 - P1 Table 1 Types Of Ownership: | Definition: | Example: | Sole Traders | A sole trader business is owned and controlled by one person and the most common type of business. | Window CleaningPlumbing Electrical Work | Partnerships | A partnership is usually formed by signing a Deed of Partnership (which sets out how profits will be shared and the different responsibilities and payments to partners) with the paperwork being supervised by a solicitor. | Medical PracticeDental PracticeAccountantsSolicitors

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    Unit 1 Business Environment P5

    P5: Describe the influence of two economic environments on business activities within a selected. In this assessment I will be writing about the economic environment and how it affects the business. In this assignment I will be writing about the company National Health Service (NHS). National Health Service is a public sector company run by the government. But nevertheless all companies are affected by the economic environment. But in this assignment I will be highlight the two main factors that

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    Btec Business Level 3 Unit 1 M1

    M1: Stakeholder Viewpoints and their Influence on Business Aims and Objectives In this assignment I will be looking at the different stakeholder viewpoints and I will also be looking at their influence on businesses aims and objectives. So first of all I will state what stakeholder it is, then I will outline the viewpoint of the stakeholder and then I will look at the list of aims and objectives of a business and then I will evaluate which aims and objectives were created to serve this stakeholder

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    Level 3 Business Unit 2 Assignment 1

    Task 1 A business keeps various types of financial record to monitor its performance and ensure that taxes are paid. These include cash flow statements, profit and loss accounts and a balance sheet. Profit and Loss Account A trading, profit and loss account shows the business's financial performance over a given time period, e.g. one year. The sales on the profit and loss account are the revenue that the business is receiving from selling products or services which was £187,730. The cost of

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    Business Unit 2 Assignment 1

    retaining the right people Edexcel BTEC L3 Business Studies Unit 2 Business Resources I have gained an internship at my school, and I will spend 6 weeks supporting the human resources department. Currently the most experienced member of the human resources department, is away on long term sick leave. The school is looking to make sure I can help maintain its ability to recruit the right staff and control their financial and non-financial resources. Task 1 Describe the recruitment documentation used

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    Business Unit 2 Assignment 1

    retaining the right people Edexcel BTEC L3 Business Studies Unit 2 Business Resources I have gained an internship at my school, and I will spend 6 weeks supporting the human resources department. Currently the most experienced member of the human resources department, is away on long term sick leave. The school is looking to make sure I can help maintain its ability to recruit the right staff and control their financial and non-financial resources. Task 1 Describe the recruitment documentation used

    Words: 4430 - Pages: 18

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    Business Unit 2 Assignment 1

    retaining the right people Edexcel BTEC L3 Business Studies Unit 2 Business Resources I have gained an internship at my school, and I will spend 6 weeks supporting the human resources department. Currently the most experienced member of the human resources department, is away on long term sick leave. The school is looking to make sure I can help maintain its ability to recruit the right staff and control their financial and non-financial resources. Task 1 Describe the recruitment documentation used

    Words: 4430 - Pages: 18

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    Btec Level 3 in Business – Unit 1

    P1 – Describe the type of business, purpose and ownership of two contrasting businesses The first Business I have chosen is British Airways, because of my interest in travelling. Also, I thought it’d be a very interesting and different company to choose and base my research on. British Airways, often shortened to BA, is the flag carrier airline of the United Kingdom and it is the largest airline in the United Kingdom based on fleet size. When measured by passengers carried, it is second-largest

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    Btec Buisiness Level 3 Year 1 Unit 1 the Business Enviroment

    REGISTERED CHARITY: 294555 COMPANY NUMBER: 2020165 NATURE OF BUSINESS: CHARITY OWNERSHIP NO OWNER, RUN BY TRUSTEES SIZE

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    Unit 1 Ass 1 Business

    advice leaflet Business ownership & organisation Abhinav dixit Abhinav dixit Types of organisations | Explanation of ownership | Example of organisation with this ownership | Provides product or service | Local | Local shops are just in the area, and is mostly owned by sole trader which means he is on charge of the running of the business day by day. | Restaurant: trattoria sorrentina. | It could provide product and service as well depending on the kind of the business. | National

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    Business Level 3 Year 1 Unit 10

    businesses use one or more of five basic methods: surveys, focus groups, personal interviews, observation, and field trials. The type of data you need and how much money you’re willing to spend will determine which techniques you choose for your business. 1. Surveys. With concise and straightforward questionnaires, you can analyze a sample group that represents your target market. The larger the sample, the more reliable your results will be. • In-person surveys are one-on-one interviews typically

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    Business Unit 1 P1 + P2

    Assignment 1 – P1 The job that I have chosen for my assignment is the position for Temporary Business Manager in South Morningside Primary School. Job Advert – A job advert is the advertisement of recruitment for a job to attract suitable candidates/applicants for a job. The purpose of a job advert is to try and locate the perfect candidate or applicant for the job that has been advertised. An example of a job advert is shown below; the business I have chosen from the two adverts shown is the

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    P1 Unit 1 Business

    types of business ownership and the sector which it operates in, the size, the scale, the size of the industry, the liabilities it has and the advantages and disadvantages of the business ownership. Type of Business Ownership and Business Sector | Snac Attack | Cameron Blake Chartered Accountants | Sole Trader- A sole trader is a business which is owned by one person. The owner can employ others but they are their responsibility.A sole trader operates in the private sector. | Business Purpose

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    Btec Business Level 3 Unit 1 Assignment 1 P1+P2

    The aim is to describe the different types of business organisation that operate in the UK. This will include a comparison between a Limited Company and a Charity in terms of their ownership, aims, economic sector and main stakeholders. For the report, I have chosen to investigate Sainsbury’s and RSPCA. Sainsbury’s Background information Sainsbury’s Supermarkets is the UK’s longest-standing major food retailing chain, having opened its first store in 1869. The Sainsbury’s brand is built upon

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    Unit 17 Task 1 Business Level 3

    out various gap analyses on skills and look at how existing staff are working to see what improvements could be made for the future employees who will become a part of Mark and Spencer. For the organisation to be successful, it is important for the business to have the right number of people with the right skills in the right jobs. Effective training depends on knowing what is required for an individual, a department and an organisation as a whole. Organisations would identify training requirements

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    Btec Business Unit 1 P1

    Pass 1 Tesco Information from Tesco’s website suggests that Tesco PLC is the largest retailer in the UK and the fourth largest in the world. Tesco is an international company as their stores are scattered around twelve different countries around the world. The company employs 500,000+ people across the countries that work for and supply Tesco supermarkets. Out of the 500,000+ people working for the company internationally, over 310,000 work in the 3,378 UK stores. Their profit gain before tax

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    Unit 1 Hnd Business

    Section 1 Many type of organization exist depending on their aim and purpose. Organizations need to meet the needs of their owners, the stakeholders, and the customers. Some are created to make profit, some are charity, and others are governmental created to serve society. 1. Public Sector, Government organizations exist to serve society, economic development of the country and defense e.g. NHS Healthcare system, the police force. Services are provided despite the individuals ability to pay

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    Unit 1 Business Environment

    Unit 1 Business Environment Ana Maria Vid 27th Nov 2015 Unit 1 Business Environment I hereby confirm that this assignment is my own work. I have identified and acknowledged all sources in this assignment and have referenced according to the Harvard referencing system. I have read and understood the Plagiarism and Collusion section provided with the assignment brief and understood consequences

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    Unit 1 - the Business Environment

    Assignment List: BUSN105-1202B-291 : Introduction to Business View Printable Page Assignment List Unit 1 - The Business Environment Reading Assignment: Introduction to Business, Chapters 1-4 and Appendix A Assignment Type: Individual Project Deliverable Length: 2-3 pages Points Possible: 125 Due Date: 4/29/2012 11:59:59 PM CT Legal, Social, and Economic Environments of Business Before you begin, review the following resources: Review APA Style Sample Paper

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