distinguished by * Chapter 1 – The Business & Society Relationship relatively low emphasis 1. Business and Society a. Business: Defined* May be defined as the collection of private, commercially oriented (profit oriented) organizations, ranging in size from one-person proprietorships to corporate giants. b. Society Defined* Defined as a community, a nation, or broad grouping of people with common traditions, values, institutions, and collective interests. 2. Society as the Macroenvironment** a) Macro-environment:…
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