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Essay text:
[Chapter 3 in organisation Theory: Concepts and Cases, Fourth Edition, Stephen P Robbins and Neil Barnwell.
David P Baron (2003) described the environment as split into two different components of the business environment; the market, includes those interactions between firms, suppliers, and customers that are governed by markets or private agreements such as contracts.(Baron 2003) This describes the every day working of a firm that most managers have to deal with.
And the non-marketing component, the social, political, and legal arrangements that structure interactions outside of, but in conjunction with, markets and private agreements...
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