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Step by step
Solved in 2 steps
- Imagine that you own your business. a) Think about your production process. Please explain the technology that you use in the production process. b) How do you think the technology that you use, affects the market structure and/or the demand of your product?Do you feel a business’ primary responsibility is to make a profit, or do you feel there is some responsibility to do “good” and perform ethically to best serve society?What were some decisions students had to make when they decided to start a business?