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California State University, Los Angeles College of Business and Economics Foundations of Business and Accounting Evaluation Form (G1) (MS Accounting) Foundation courses must be completed or waived
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Foundations of business and refer to the fundamental principles and practices that form the basis of a successful business operation.
All businesses, whether small or large, are required to establish and follow the foundations of business in order to operate effectively and efficiently.
Foundations of business can be filled out by conducting market research, creating a business plan, setting financial goals, implementing marketing strategies, and monitoring performance regularly.
The purpose of foundations of business is to provide a solid framework for a business to operate within, which includes defining goals, strategies, policies, and procedures.
The information reported on foundations of business should include the business mission, vision, values, goals, target market, value proposition, competitive analysis, marketing strategies, financial projections, and risk management plan.
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