The 5 Components Of A Business Strategy

The primary purpose of a business is to create a customer as a result of it’s the customer that can decide the expansion potential of a business. 18 Accounting, which has been referred to as the “language of business”, 19 measures the outcomes of an organization’s financial actions and conveys this data to quite a lot of users, together with buyers , collectors , management , and regulators 20 Practitioners of accounting are often known as accountants The terms “accounting” and “monetary reporting” are sometimes used as synonyms.

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