The way social, cultural, economic, legal, and political dissimilarities affect the new venture. Introduction: A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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Chapter 4, Problem 4.13A

Summary Introduction

To determine: The way social, cultural, economic, legal, and political dissimilarities affect the new venture.

Introduction:

A business is an economic system whether the goods or services are exchanged for money. Production, buying of raw materials and selling of finished goods are the works related to the business. Business is the thing which improves the people’s standard of living.

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