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chapter 1
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1.1 The Business Environment
Business = Organization that provides goods and services for money.
Businesses need reliable accounting information to make resource allocation decisions.
Businesses need to perform five critical tasks to compete against other businesses successfully:
Create strategic goals
Secure financial resources
Deploy capital to make investments
Carry out day-to-day business operations
Continuously improve or refine their strategic goals and business operations
Page 2
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- Note on chapter 1, created by asdf asdf on 21/10/2017.
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