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A traditional business operates to provide its customers and consumers with a product in exchange for compensation The typical goals of these types of businesses all lead to turning a profit for the owners or operators meaning that the business makes more money in revenue than it spends.
What Are the Stages in Lifespan Development?
The six stages of lifespan development are infancy childhood adolescence early adulthood middle age and older age These reflect the biological cognitive and psychosocial changes that occur during a person’s lifetime from birth through old age.
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What Is the Definition of Traditional Business?
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