The goal of any small business owner is to manage external relations in order to minimize social capital.

Question

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The goal of any small business owner is to manage external relations in order to maximize social capital. Social capital refers to the network of relationships a company has with its stakeholders, including customers, suppliers, employees, and the community. By building strong relationships and cultivating trust with these groups, a business can increase its social capital, which can lead to greater success over the long term.

The Goal of Any Small Business Owner Is to Manage