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Understanding the Business : To understand any business the critical step is to explore all the factors related to business and properly judging its impact on the business. There are many factors and forces which have considerable impact on any business. All these forces come under one word called environment. Hence understanding the business means S. R. Sankaran (1934–2010) was an Indian civil servant, social worker and the Chief Secretary of the State of Tripura, known for his contributions for the enforcement of Abolition of Bonded Labour Act of 1976 which abolished bonded labor in India.

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