purpose of a business

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  • purpose of a business
    • reasons for starting a business
      • to produce a good or provide a service
      • to benefit society
      • to fulfil a business opportunity
      • to fill a gap in the market
      • to distribute products
    • goods and services
      • goods are physical items that can be used or stored
      • services are actions that can not be stored
    • wants and needs
      • wants are things that people can survive without but would like to have
      • needs are things that people can not live without

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