Describe the importance of understanding business


Questions:

1.Describe the importance of understanding cultural and legal differences in the global business environment.

2.Outline the three ways an entreprenuer can start the business discussing the advantages and disadvantages of the three.

3. Your boss has asked you to assist him after normal work hours with shredding some documents. The division vice president announced a federal level investigation in last week's "All-call; All-attend" staff meeting. You need your job and you want to help your boss. But you're just not sure in this particular situation. What is the ethical problem in this situation? What steps should you take? When should you take them? Who should you talk to about this? Why?

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Microeconomics: Describe the importance of understanding business
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