Objectives of Business or, Business Goals and Objectives of the business is a goal-oriented activity. Certain objectives works behind business activities. The objectives of business may be classified as: economic objectives, general objectives, social objectives. Economic Objectives Earning profit: To earn money or livelihood, human being adopts economic activities. Service or job is limited in […]
Introduction Business
Characteristics of Business | Nature of the Business
Characteristics of Business Business, as an organization, is different for other social, religious or welfare organization. AS an organization, business possesses the following characteristics. Characteristics of Business Social Institution: Business is a social institution. It is a recognized legal institution of the members of the society. It use social resources and work for the social. […]
Importance of Business in Modern Society
The existence and expansion of business are justification of the importance of business. Business provides a lot of services to the human beings that highlight its significance. Importance of Business: Supply of Goods and Services: Business provides goods and services to the society. The business produces different products, which are sold or supplied to the […]
What is Business? Meaning of Business | Definition of Business
Men have unending necessities or want. Without fulfilling those necessities, men cannot live or survive Wealth or resources having utility can satisfy human wants. These resources are limited or scarce. human efforts to earn resources or money are Known as economic activities. The process of economic activities to produce products or render serves to earn […]