Abstract

Business economics belongs to the group of economic sciences. Business economics is a scientific field that deals with the business of a company in conditions of limited resources and market laws. It is a complex comprehensive discipline that studies economic conditions, economic processes and economic relations within a company. Within the business economics, a qualitative and quantitative analysis of all economic phenomena, categories and relations in the company and its wider economic and functional environment is performed. The paper studies the direct and indirect impact of business economics in the development of modern companies and organizations.

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