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Risks and Making Profits

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Taking risks and making profits within the dynamic business environment

1-4 Describe the effects on technology on business.
1-5 Demonstrate how business can meet and beat competition.
1-6 Analyze the social changes affecting businesses.
1-7 Identify what businesses must do to meet global challenges, including war and terrorism.
1-8 Review how past trends are being repeated in the present and what those trends mean for tomorrow's college graduates.

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Solution Summary

200 words of sample ideas related to the effects on technology on business, demonstrating business meeting and beating its competition, and other ways businesses take risks and make profits.

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1-4 Some typical effects of technology on business can cause improved speed (time saved) or efficiency on tasks. It can also help to provide protocols and apply supports for how to unify and consistently perform tasks or complete processes in the correct manner.

1-5 Businesses can meet and beat competition if they ensure that they keep their targets on customer-centered ...

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  • MA, Slippery Rock University
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