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consists of three components, namely the micro-, market and macroenvironments. These are the environments within which any business operates.
a form of ownership where the owner buys the right to use the name and methods of an established...
a tax on locally produced goods of a luxury or harmful nature.
represent more than one manufacturer. They usually operate within a specific area, and sell...
that quantity of output at which the sales revenue equals the total costs, assuming a certain...
occurs when countries trade with one another in order to facilitate the exchange of goods and...