what is mean by concept of business
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Answer:
A business concept is a statement that describes the reach and reason of existence of a given business idea. In other words, it sums up the crucial elements that define the business.
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EXPLANATION
A business concept is the foundational idea behind a business. This is intented to provide meaningful direction for the process of developing a business plan and launching a firm.
At this stage, things will change and there is no need for a business concept to fully describe
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