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Describe and give examples of economic issues that founders of a new business will want to consider in their external analysis.
Building Code Violation
Failure to comply with the set regulations and standards specified in local, state, or federal building codes.
Business Crime
Illegal actions performed by an individual or a group within the context of business activities, often for the purpose of personal or organizational gain.
Petty Offenses
Minor legal violations that typically result in a small fine or minimal punishment.
Infractions
Minor violations or breaches of law which are typically punishable by fines rather than prison time.
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