Travis Johnson BUS101 Section1001 VOCAB 1&2 Chapter 1 1. Business An organization where goods and services are exchanged for one another or for money. 2. Business environment The combination of internal and external factors that influence a company's operating situation. 3. Climate change Any transistion of the general economic environment comprising of the attitude of the government and lending institutions toward businesses and business activity, attitude of labor unions toward employers, current…
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