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“Business”, states the preface to this encyclopedia, “is the backbone of American society”. Hence the aim of this new edition is “to summarise the body of knowledge that we know as business in one place and in language appropriate to the layperson”. It presents, in an alphabetical sequence, 315 essays covering the major areas of business – accounting, economics, finance, information systems, law, management and marketing. These break down to give entries for specific topics, e.g. advertising, financial statement analysis, management information systems, risk management and stress.

Each entry has been completely brought up to date for this new edition....

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