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A business market actually relies on the preferences of consumers in the local community. Whatever the local community may need, the business provides and relies on it to by giving services, products and other goods or commodities the local community consumers need.

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13y ago

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How does a business affect the local community?

A business in some way always affects the local community. Local businesses should always be careful not to upset any of the community as it is them who will be bringing in the profits for the business. Local businesses should always listen to queries and concerns about their business.


What's business to business sales tax?

While searching for more information in regards to what this means, I came accross many community web-sites discussing the implications of a business to business sales tax. My understanding of this is that a community would benefit in the collection of their local business sales tax being paid to the community the business resides in, so that the local government can use these resources for budgeting the economic needs of their local community, instead of the business taxes of the local businesses being allotted to the state, or some other government body, in which case the town would not have these funds to use in their budgets.


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Where can I get business management training?

Business training is offered through many local community colleges, check your local listings. You can also get business training through classes online.


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The local business environment refers to the specific conditions and factors within a particular geographic area that influence the operations and success of businesses. This includes local market dynamics, competition, customer demographics, regulatory frameworks, and economic conditions. Additionally, it encompasses relationships with local suppliers, community engagement, and the availability of skilled labor. Understanding the local business environment is crucial for companies to effectively strategize and position themselves within their communities.


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Identify external stakeholders of a business?

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How does local community benefit from foreign investors?

positive impact,employement,development of local industries, improvement of local livelihood, expansion of business to local products


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The community is invested in the success of a business because it often provides jobs, stimulates the local economy, and contributes to social stability. Successful businesses can enhance community services, support local initiatives, and promote overall quality of life. Additionally, when a business thrives, it often leads to increased tax revenue that can be reinvested into community development and infrastructure. Ultimately, a strong business presence fosters a sense of pride and identity within the community.


The local Chamber of Commerce works to?

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