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Summary 2

The main advantages and disadvantage of partnership

How do managers deal with deferent situations

Demographics

Psychological characteristics

Repeated use of the product

Organizations legal forms of ownership

Geographical location

Product benefits

The role of consumer in markets

The role of government in markets

Leadership

Scarcity, choice and opportunity cost

Managers should be leaders first

The management functions and processes.

Summary:

Managing systems

Why studying management is essential?

What is an Organization ?