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Answer the following in 3-4 sentences:
1. Define the role, function and characteristics of business in a free enterprise system.
2. Discuss the principles and practices of human resource management within the business community.
3. Identify production and marketing principles and techniques utilized by the modern corporation.
4. Describe the various financial institutions, financing process, risk factors and insurance, and accounting functions.
5. Discuss the legal, social and ethical environments affecting the business community.
6. Identify the various forms of business ownership.
7. State the major characteristics of small businesses; franchising and multi-national
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