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gov. in/) […]rnBUSINESS Law Varieties of Enterprises A business refers to an organisation concerned in the trade of products, products and services, or both to consumers. Sole proprietorship is owned by one man or woman and operates for revenue.

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Introduction Because renowned economist Friedman (1970) expressed his sturdy convictions on the need to have for social obligation in business enterprise, there has been a lot advancement in the concept and useful application of social responsible initiatives (McWilliams, Seigel and Wright, 2006).

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