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Principlesofbusiness
definition part 1
Question | Answer |
---|---|
Opportunity Cost | What must be given up in order to obtain or to do something else. |
Oraganistion Chart | A drammatic reprsentation of the formal authority relationships of an organisation. |
Company | A formal of business organisation that is a separate entity from the persons who owns it. |
Compertive Society | A non-profit organisation that is established to carry out economic activities for the best of the members. |