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Discuss why command economies tend to stagnate.
Product Output Stakeholders
Individuals or groups who are directly affected by the production and outcome of a product, including consumers, employees, investors, and suppliers.
Value Creation
What occurs when the result of a work task or activity makes a product or service worth more in terms of potential customer appeal than at the start.
Sustainable Business
A business approach that focuses on meeting the needs of the present without compromising the ability of future generations to meet their own needs.
Natural Environment
All living and non-living things occurring naturally, such as land, water, air, plants, and animals, which are essential for human survival and economic activity.
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