Concepts of business-products-profit and economics

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We were introduced the basic concepts of business, products, profit and economics.

1. What are the goals of a business? Do all businesses share the same goal? Provide rationale and justify your response.

2. Discuss a recent example of a business that has engaged in unethical practices. Provide the background and why the practices were considered unethical.

3. What are possible steps, methods, and actions businesses can take to improve ethical standards including social responsibility?

4. How might an organization evaluate to grow the business globally?

Reference no: EM133045434

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