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  • 2 answers

Sanskar Tiwari 6 years, 6 months ago

Obtaining profit and providing employement.

Pavpreet Kour 6 years, 7 months ago

Money concentration concept
  • 4 answers

Sanskar Tiwari 6 years, 6 months ago

A type of economic activity which provide peoples an opportunity to work and earn living.

Chirag Saini 6 years, 7 months ago

Sorry Aa_M_lii,i am not agree with you .business always have a single focus on single objective but busy ness is have multiple objectives

Chirag Saini 6 years, 7 months ago

It is a economic activity which includes buying and selling if of commodity in continuing dealing

Aa_M _Iii 6 years, 7 months ago

The word business means to 'remain busy' with the production distribution , sale of goods and services. Led to fulfill the wants of people
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  • 1 answers

#Aditi~ Angel???? 6 years, 7 months ago

Bangalore – It is a home for many software companies. Kolkata- It is the first city that introduces the Metro Railway . Chennai- It is a capital of Tamil Nadu. Mumbai – It houses many Indian business houses. New Delhi – It is a beautiful region home to Indian tradition and culture. Aror: Located in present day Pakistan, this ancient city was a major commercial hub during ancient times. Lothal: A thriving port city, Lothal was a major city of the Indus Valley civilization. Sagalais: Thought to be located at present day Sialkot, Sagalais was a prime trading spot in ancient India. Muziris: Located in South India, this ancient port was known for its brisk trade with countries like China. Pataliputra: Capital city of the Mauryan Dynasty, this ancient city served as an important centre of trade and commerce. Hope this helps.....#@diti?
  • 2 answers

Sanskar Tiwari 6 years, 6 months ago

The uncertainity or uncertain events that occurs in business leads to business risk. Its nature us higher the risk higher the profit lower the risk lower the profit.

Chirag Saini 6 years, 7 months ago

It is uncertanity of future and chances of losses in future. Higher the risk higher the chances of profit
  • 1 answers

Yogita Ingle 6 years, 8 months ago

  • Unlike a departmental store in a chain store, the variety of products and the number of choices are limited
  • Individual stores become dependent on the home office and generally do not show any initiative or drive to ramp up sales
  • These stores are not well adapted to changing demand. Since they have huge inventories they may face losses if the market demand changes
  • 3 answers

Sanskar Tiwari 6 years, 6 months ago

It is important for every business to earn a resonable profit to regulate its regular expences.

Chirag Saini 6 years, 7 months ago

With the objective of maximum profit a person may indulge in unfair activities such as adulteration, profiteering etc.

Hiru ? 6 years, 8 months ago

Profit is the main motive of any business. With profit, business could pay expenses nd expenditures. Profit is required for doing further investments like buying new machinery.
  • 4 answers

Sanskar Tiwari 6 years, 6 months ago

No , it is one of the essential and economical objective.

Chirag Saini 6 years, 7 months ago

Social objectives are always there

Aa_M _Iii 6 years, 7 months ago

No, profit is not the only objective of business, but is the prime objective of the business

Chirag Saini 6 years, 8 months ago

No, but it is one of the economic objectives.
  • 1 answers

Yogita Ingle 6 years, 8 months ago

Merits:

  • Ease of formation: It can be started with minimum of 10 members. Registration is also easy as it requires very few legal formalities.
  • Limited liability: The liability of members is limited to the extent of their capital contribution.
  • Stable existence: Due to registration it is a separate legal entity and is not affected by death, lunacy or insolvency of any of its members.
  • Economy in operations: There is economy in operation due to elimination of middle man and voluntary services provided by its members.
  • Government support: Government provides support by giving loans at lower interest rates, subsidies and by charging less taxes.
  • Social utility: It promotes personal liberty, social justice and mutual cooperation. They help to prevent concentration of economic power in a few hands.
  • 1 answers

Yogita Ingle 6 years, 8 months ago

<th>Life Insurance</th> <th>General Insurance</th>
Life insurance can be understood as the insurance contract, in which the life risk of an individual is covered. General insurance refers to the insurance, which are not covered under life insurance and includes various types of insurance, i.e. fire, marine, motor, etc.
It is a form of investment. It is a contract of indemnity.
Long term Short term
Insurable amount is paid, either on the occurrence of the event, or on maturity. Loss is reimbursed, or liability incurred will be repaid on the occurrence of uncertain event.
Premium has to be paid over the years. Premium should be paid in lump sum.
Must be present at the time of contract. Must be present, both at the time of contract and at the time of loss.
It can be done for any value based on the premium the policy holder willing to pay. The amount payable under non-life insurance is confined to the actual loss suffered or liability uncured, irrespective of the policy amount.
Life insurance place has a component in savings. General insurance has no such savings componen
  • 1 answers

Yogita Ingle 6 years, 8 months ago

Outsourcing is hitherto another trend that is fundamentally reshaping business. It refers to a long-term contract generally, the non-core. Recently, even some of the core activities are outsourced to a third party specialists with a view to benefit from their experience, speciality, efficiency and, also investment, this phenomenon has undoubtedly become global.

  • 3 answers

Aa_M _Iii 6 years, 7 months ago

Profession : it involves to the rendering of services of a specialised nature on the basis of specialised knowledge with the objective of making ? money so as to have a source of living. Employment : it is another category of economic activity in which an individual works regularly for another for an agreement

Gaurav Seth 6 years, 8 months ago

a. Employment
b. Profession
c. Business.

Riya Riya 6 years, 8 months ago

Give me anwser
  • 1 answers

Gaurav Seth 6 years, 8 months ago

 Industrial Activities :
i. Production
ii. Product Development
iii. Inventory Management.

Commercial Activities:
i. Placing an Order
ii. Receiving Delivery
iii. Making Payment.

  • 1 answers

Gaurav Seth 6 years, 8 months ago

No, because minimum subscription is 90% and ABC Ltd. got applications for 50% issue.

  • 1 answers

Gaurav Seth 6 years, 8 months ago

Indian Chambers of Commerce and Industry (ICCI) is playing a catalytic role in strengthening internal trade to make it an important part of overall economic activity.

  • 1 answers

Gaurav Seth 6 years, 8 months ago

 Joint Venture

1. Since the local partner also contributes to the equity capital of such a venture, the international firm finds it financially less burdensome to expand globally.

2. Joint ventures make it possible to execute large projects requiring huge capital outlays and manpower.

3. The foreign business firm benefits from a local partner’s knowledge of the host countries as regards to competitive conditions, culture, language, political systems and business systems.

4. In many cases entering into a foreign market is very costly and risky. This can be avoided by sharing costs and/or risks with a local partner under joint venture agreements.

  • 1 answers

Gaurav Seth 6 years, 8 months ago

Mail Order Houses

Two Advantages
i. They can be started with low amount of capital.
ii. They don't require the services of middle man so they are eliminated.

Two Disadvantages
i. There is no personal contact between buyers & sellers.
ii. They rely heavily on advertisement (or any other appropriate advantage or disadvantage)

Values : Providing quality product (or any other appropriate value)

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