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A Business Is an Organization in Which Basic Resources or Inputs

question 133

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A business is an organization in which basic resources or inputs, like materials and labor, are assembled and processed to provide outputs in the form of goods or services to customers.


Definitions:

HR Considerations

Factors within human resources management that influence decisions, such as legal, cultural, and ethical concerns.

Long-Term

Pertaining to events, strategies, or operations that extend over a significant period, typically more than a year.

Cross-Cultural Adjustment

The process through which individuals adapt to and become effective in a cultural environment different from their native or home culture.

Expatriate Training

Training programs designed to prepare employees and their families for assignments abroad, covering cultural, language, and practical aspects for adaptation.

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