“Commerce is the activity of buying and selling of goods and services, especially on a large scale or quantity” When student gets passed his matric or o level and promote to college & those who select commerce & management science field, people always asks them what is commerce ? & students always in confusion and suddenly […]
Problem before Starting New Business
Problem before Starting New Business: Before the industrial revolution the goods were generally produced for local markets. It was, therefore, easy to establish and operate the business. The situation is now entirely hanged. The goods are produced by machines. The rate of production has gone up. There is tough competition for the sale of goods […]
What is Objectives of Business
What is Objectives of Business The business objectives means the purpose for which business is established. The main objective of a business is to making profit and avoids loss. According to Urwick “Earning of Profit is not the sole objective of a business any more than eating is the objective of living”. The business objectives […]
Top 10 Qualities Of A Successful Businessman
Top 10 Qualities Of A Successful Businessman The modern business word is very complicated, due to technological developments, every day changes are taking place in every business field. The Internet and technologies have rapidly changed the way of selling the product. The business man has to acquire the development skills for effective business unit. The […]
5 Main Main Characteristics of business
What is Business The term business is defined by different authors in different ways. According to Ronald “As an organization that produces or sells goods and services to make profit”. According to Urwick and Hunt “ business is any enterprise which makes , distributes or provides any service which other members of the community […]
