CONCEPT OF ORGANISING Organising is the process of identifying and grouping the work to be performed, defining and delegating responsibility and authority, and establishing relationships for the purpose of enabling people to work most effectively to together in accomplishing objectives.…
see complete playlist Importance of planning Planning is certainly important as it tells us where to go, it provides direction and reduces the risk of uncertainty by preparing forecasts. The major benefits of FEATURES OF PLANNING :- The planning function…
see complete playlist MEANING OF BUSINESS ENVIRONMENT Business environment refers to all these forces that have an economic impact on business activities. We know that business is an economic organization. Therefore, its survival and growth are dependent on economic factors.…
Meaning of International Business Business transaction taking place within the geographical boundaries of a nation is known as domestic or national business. It is also referred to as internal business or home trade. Manufacturing and trade beyond the boundaries of…
INTERNAL TRADE Buying and selling of goods and services within the boundaries of a nation are referred to as internal trade. Whether the produce are purchased from a neighborhood shop in locality or a central market or a departmental store…
Mening of Entrepreneurship Entrepreneurship is the ability and willingness to create, organize, and manage a business enterprise, including all of its uncertainties, in order to earn profit. The most visible example of entrepreneurship is the establishment of new businesses. Entrepreneurship…
MEANING NATURE AND SIGNIFICANCE OF BUSINESS FINANCE Business is concerned with the production and distribution of goods and services for satisfaction of needs of society. For carrying out various activities, business requires money. Finance therefore, is called the life blood…
CONCEPT OF SOCIAL RESPONSIBILITY Social responsibility of business refers to its obligation to take those decisions and perform those actions which are desirable in terms of the objectives and values of our society. The assumption of social responsibilities…
Are you looking for complete explanation of all chapters of business studies complete chapter available here and complete video available my you tube channel studynatic Goods:- Goods refer to objects that are tangible and have a physical appearance. The…