AEM1200-0124 ToPost (3)

Businesses are organizations oriented towards

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Unformatted text preview: fering products and services with the objectives of surviving, growing, and serving the public while making a profit. serving Business obtains resources and legitimacy from society, Business and it is therefore responsible to it. This responsibility is discharged through service to stakeholders. stakeholders All businesses run risks, a chance that a business will All risks chance not succeed and, therefore, lose its stakeholders their resources and work. There is a positive correlation between intelligent risk taking and control, and profit. between...
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This note was uploaded on 02/19/2014 for the course AEM 1200 taught by Professor Perez,p.d. during the Spring '06 term at Cornell.

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