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  • 1 answers

Parth Singla 5 years, 5 months ago

Economic activeties are those activities which are performed with a purpose of earning profit.ex-bussineed,trading hoapitals etc Non economic activities are those activities which are performed for social welfare like food prepared by mom at home,helping poor child etc.
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Gaurav Seth 5 years, 5 months ago

Locally operated businesses undergo  the following risks
Personal liabilityMost of them are not recognize as a separate legal entity, meaning owner bears all the obligations and debts.If the business fails to pay debts, the owner will lose the income but must pay the money owed using business assets.
Perceived Lack of prestigeLocally operated business lacks the prestige of the limited company. Public perception is often smaller, less long standing. Professional credibility hinders individual from performing sole trading.
Negative view of customersMany clients prefer dealing with a limited company, often seen sole traders as a high risk.

These locally operated business unit encounter risk through the following,
⇒Ensure the business is fully insured against any loss
⇒Partner with other traders so that losses are shared equally
⇒Formation of a limited liability company to ensure larger capital are raised, hence business become legal  separate entity from the owners.

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Yogita Ingle 5 years, 5 months ago

Black marketing is the marketing of the things in a market in illegal means,the transactions done are in itself illegal.

Hoarding is holding resources in larger quantities that exceeds one's use .The main motive behind  holding scarce resources, is to sell to customers on a high profit in times of natural  disasters etc

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Sia ? 5 years, 5 months ago

Merit is the quality of being particularly good or worthy, especially so as to deserve praise or reward.

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Gaurav Seth 5 years, 5 months ago

1. Endowment policy,

 

2. Whole life policy,

3. With profit policy,

4. Joint life policy,

5. Without profit policy,

6. Double Accident policy,

7. Convertible policy and .

8. Group Insurance policy.

  • 3 answers

Pranay Gour 5 years, 5 months ago

World Trade organisation

Nishita P 5 years, 5 months ago

world trade organisation

Sia ? 5 years, 5 months ago

World Trade Organization
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Jatin Thakur 5 years, 5 months ago

1.Profit making 2.Raising funds 3.Increasing production level 4.Longer survival in the market

Sia ? 5 years, 5 months ago

Economic objectives of business refer to the objective of earning profit and also other objectives that are necessary to be pursued to achieve the profit objective, which include, creation of customers, regular innovations and best possible use of available resources.
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Jitender Mittal 5 years, 5 months ago

Every Business Wants to Survive for a Longer Period. Without providing Social Objectives Business Can not Survive for loner Period.Now , Our Industry Also Wants Social responsibility. That's Why Companies Act,2013 Introduce the Concept Corporate Social responsibility Concept. Company also Uses Environment resources and business should Pay for that, But due to non - Payment , Business Should pursue Social OBjectives. Such as High Quality of Goods at fair prices , Providing Employment , Contribution to Social development etc.
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Yogita Ingle 5 years, 5 months ago

1)  There were many kinds of traders. These included the Banjaras.  Several traders especially horse traders, formed associations, with headmen who negotiated on their behalf with warriors who bought horses
2)   Since traders had to pass through many kingdoms and forests, they usually travelled in caravans and formed guilds to protect their interests. There were several such guilds in South India from 8th  century onwards – the most famous being Manigramam and Nanadesi.
3)  These guilds traded extensively both within the peninsula and with South west Asia and China.

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Tom Jerry 5 years, 5 months ago

Trade:- it refers to sale transfer of exchange of goods and services. Traders act as a link between the manufacturer and the consumer Commerce :- it refers to all those activities which help directly aur indirectly in the distribution of goods to the ultimate consumer Industry :- it refers to an economic activity which is concerned with conversion of resources into useful goods
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Sia ? 5 years, 5 months ago

The management functions performed by entrepreneur are classified into the following five types:
1. Planning
2. Organizing
3. Staffing
4. Directing
5. Controlling

  • 3 answers

Kohi ❣️ 5 years, 5 months ago

Thanks

Raj Aman 5 years, 5 months ago

Liabilities are obligation or debt that can enterprises has to pay after sometime in the future.

Harmeet Singh Harry 5 years, 5 months ago

Liability is the money which is pay by business. Current Liabilities are those which paid within the year For ex.Short Loan,Bill payable. Non Current Liabilities are those which money paid after time period.For ex.Long loan .. Credit are those Who take Loan from Debitor(seller)
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Muskan Goyal 5 years, 5 months ago

Features 1.No separate legal entity 2.unlimited liability 3. Lack of continuity4. Independency decision 5.managed individual 6.risk bearing 7.No share profit and loss

Muskan Goyal 5 years, 5 months ago

Merits 1.maintaining secerts 2. Independency decision 3.done by single person 4.management individual

Muskan Goyal 5 years, 5 months ago

Sole properitorship- it is owned and managed by single individual and the no share profit and loss
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Yogita Ingle 5 years, 5 months ago

Common seal : The company being an artificial person acts through its Board of Directors. The Board of Directors enters into an agreement with others by indicating the company’s approval through a common seal.

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Arpita Bajpai 5 years, 5 months ago

It is act as sign when the company is act as a person itself.so for agreeing in any project or transaction ,company as an artificial person give permission by his seal "mohar".
  • 1 answers

Sia ? 5 years, 5 months ago

Seismic risk

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Uzma Perwaiz 5 years, 6 months ago

Business is an economic activity carried on by a few or more individuals to produce, buy or sell goods and services that satisfy human needs and help in earning income. An idea for a business that includes basic information such as the service or product, the target demographic, and a unique selling proposition that gives a company an advantage over competitors. A business concept may involve a new product or simply a novel approach to marketing or delivering an existing product. Once a concept is developed, it is incorporated into a business plan. Business characteristics are:-- 1. Business is an economic activity 2. objective of earning money 3. production or procurement of goods and services 4. Sale or exchange of goods and services for the satisfaction of human needs 5. Dealing in goods and services on a regular basis 6. Earn profits 7. Uncertainty of return 8. Element of risk.

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