Higher Business Management
Business in Contemporary Society
N
eeds and Wants
N
eeds a need is something essentialto our lives: food, water, shelter,clothing
Wants a want is an additional luxurythat makes life pleasurable
Business Activity
Business activity is any activity whichprovides us with goods and services
A countrys wealth is measured by howmany goods and services it produces
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Diversification for Business in Contemporary Society v3
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