Although businesses have common factors, the objectives of a business are extremely variable.
Date Submitted: 09/09/2006 23:57:05
Economics Assignment - 2003
If one were to ask a general member of the public what a business or a firm is, one is likely to be given an example: WH Smith, Tesco, Leisure Centres, British Gas and so on. All of the aforementioned businesses have common factors, they all provide products in the form of goods or services, for example, books, food, fitness training, utilities etc. some of the products provided by businesses are needed
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it will set. When looking into any business, large or small, one will see that, no single decision is clear, there are many clouds surrounding the smallest of decisions and so the analysis of firms, and in particular the objectivity of a firm cannot be made in black and white, there is simply to much about the organisation, macro and microeconomics, politics and social factors to consider, all of which are ever-changing.
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