The Business Enterprise System Has Been Described in a Number

question 26

Short Answer

The business enterprise system has been described in a number of ways.How would you describe our economic system to a new Canadian?

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Definitions:

Competitive Advantage

The unique attributes or capabilities that allow an organization to outperform its competitors.

HR Practices

These entail various strategies and procedures implemented by the Human Resources department, including hiring, training, and employee relations to improve workforce performance.

Shifting Jobs Offshore

The practice of relocating a business's operational processes or services to another country, often to reduce costs.

European Union (EU)

A political and economic union of 27 European countries that are located primarily in Europe.