Basics of Business Discussion Questions

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Question Description

I’m working on a management discussion question and need an explanation and answer to help me learn.

An organization is a group of people who work together to achieve some specific purpose.

A business is an organization that uses resources to meet the needs of customers by providing a product or services that they demand.

2.3 Test your Knowledge (Question):

  • What do businesses do?
  • What are business inputs and business functions?

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