1.

A business is run under _______ situations.​

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Answer:

A business is DEFINED as an organization or enterprising entity engaged in COMMERCIAL, industrial, or PROFESSIONAL activities. Businesses can be for-profit entities or they can be non-profit organizations that operate to fulfill a charitable mission or further a social cause.  

The TERM "business" also refers to the organized efforts and activities of INDIVIDUALS to produce and sell goods and services for profit. Businesses range in scale from a sole proprietorship to an international corporation. Several lines of theory are engaged with understanding business administration including organizational behavior, organization theory, and strategic management



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