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Each Business Must Have Its Assets in Place, Which Are

question 4

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Each business must have its assets in place, which are all those things it needs to operate, before it ever opens its doors.


Definitions:

Identical Functions

In mathematics or computer science, this term refers to functions that produce the same output for all possible inputs.

Stratificatory Differentiation

involves the division of society into layers or strata based on variables such as wealth, power, and prestige.

Vertical Differentiation

Refers to the process of ranking various products, services, or individuals based on quality or prestige rather than quantity or access.

Structural Functionalism

A sociological perspective that views society as a complex system whose parts work together to promote solidarity and stability.

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