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What is the key purpose of business management


Introduction
Business world can be seen as a complex system
Involves transforming resources into products and services
Must meet the needs of people in exchange for profit


The role of business in society

The description of a business emphasises four different elements:
Business involves human activities
Business involves production
Business involves exchange
Business involves profit.
Business world under pressure to reconsider its role in the following:
Social responsibility
Affirmative action and equity
Business ethics
Consumerism
Environmental damage

Needs and need satisfactionWhat is the key purpose of business management

What is the key purpose of business management


Introduction
Business world can be seen as a complex system
Involves transforming resources into products and services
Must meet the needs of people in exchange for profit


The role of business in society

The description of a business emphasises four different elements:
Business involves human activities
Business involves production
Business involves exchange
Business involves profit.
Business world under pressure to reconsider its role in the following:
Social responsibility
Affirmative action and equity
Business ethics
Consumerism
Environmental damageWhat is the key purpose of business management


Introduction
Business world can be seen as a complex system
Involves transforming resources into products and services
Must meet the needs of people in exchange for profit


The role of business in society

The description of a business emphasises four different elements:
Business involves human activities
Business involves production
Business involves exchange
Business involves profit.
Business world under pressure to reconsider its role in the following:
Social responsibility
Affirmative action and equity
Business ethics
Consumerism
Environmental damage

Needs and need...

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