[SOLVED] Business Administration and Management

Review Questions 1. What are the four main business stakeholder groups? 2. What are the primary functions of business? 3. What are the four major activities involved in managing a business? 4. What is the difference between performance effectiveness and performance efficiency? 5. What are the four conditions that must exist for the free enterprise system to exist? 6. What are the differences between internal and external stakeholders?

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