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Table 4-3
-Refer to Table 4-3. For whom is the good a normal good?
Small Business Owner
A small business owner is an individual who owns and operates a business of limited size, scope, and revenue, typically defined by the number of employees or annual earnings.
Small Business Management
Refers to overseeing the operations, strategy, and financial health of a small, typically local, business.
Processes
A series of actions or steps taken in order to achieve a particular end in a business setting.
IPOs
Initial Public Offerings, the process by which a private company offers shares to the public in a new stock issuance.
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