Meaning of International Business International business refers to those business activities that take place beyond the geographical limits of a country. It involves not only the international movements of goods and services, but also of capital, personnel, technology and intellectual…
INTRODUCTION Trade refers to buying and selling of goods and services with the aim of earning profits. The importance of trade has significantly increased in the modern times as new products are being developed every day. Trade helps in making…
ENTERPRINEURSIP DEVELOPMENT CONSEPT CHARACTERUSTICS Every country, whether developed or developing, needs entrepreneurs. Whereas, a developing country needs entrepreneurs to the developed one needs entrepreneurship to sustain it. Need for Entrepreneurship Every country, whether developed or developing, needs entrepreneurs. A developing…
MEANING OF BUSINESS FINANCE Business finance refers to the money required for carrying out business activities. It is basically concerned with acquisition of funds, use of funds and distribution of profits by a business enterprise. A business cannot function unless…
Introduction- Business is an indispensable part of the society and gets its manpower and other resources from the society. It is permitted by the society to carry on industrial or commercial or commercial activities and thereby earn profits. When the…
Introduction- In the modern period, there has been considerable change in the manner of conducting business. The ‘emerging modes of business’ indicates the recent trends taking place in the way business is done. The tree strongest trends that are shaping…
Introduction Service sector includes all those economic activities which are required for uninterrupted production and exchange of goods. In includes specialized services required for removing various hindrances of trade. Trade and industry is not possible without the various service sectors…
Private Sector Enterprises:- After independence, the emergence of public sector enterprises became a necessity for the all round development of the country. Moreover, India was committed to a socialistic pattern of economy. Therefore, it adopted a pattern of Mixed Economy,…
INTRODUCTION Business activities cannot be performed in isolation. They have to organized in an appropriate form. ‘Forms of Business Organization’ are essentially the forms of ownership of business. Ownership involves capital investment, management and sharing of profit VARIOUS FORM OF…
chapter-1 nature and purpose of business complete notes Concept of Business Business refer to those economic activity which are connected with production, purchase and sale of goods or supply of service with the main object of earning profit. For Example,…