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  • 2 answers

Yaser Siddiquee 5 years, 10 months ago

Industry is the production of goods or related services within an economy. The major source of revenue of a group or company is the indicator of its relevant industry. When a large group has multiple sources of revenue generation, it is considered to be working in different industries.

Syed Rizwan 5 years, 10 months ago

What is an industry
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Gargi Dandavate 5 years, 10 months ago

There are these not-for-profit organizations like NGOs that work for society and aim at people's welfare rather than only having the profit motive.. schools, hospitals, etc can be good examples

Seema Rani 5 years, 10 months ago

No its not only business objectives its also a human and social objectives but its main objective of business

Kartik Kumar 5 years, 10 months ago

No it also has human and social objectives.
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Gargi Dandavate 5 years, 10 months ago

Business is an artificial person...a legal entity and the transactions that are conducted by the business are separate from the owners personal transactions.

Kartik Kumar 5 years, 10 months ago

Business is seperate from its owner.
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Yanshi Dhawan 5 years, 9 months ago

Tertiary industry

Harsh Panchal 5 years, 10 months ago

In my opinion primary industry is the industry which support other industry

Gaurav Seth 5 years, 10 months ago

The Tertiary Industry provides support to all other industries.

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Gaurav Goyal 5 years, 10 months ago

When we trade across the geographical boundaries with other country is international trade
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Mehak Ashta 5 years, 10 months ago

It stands for article of association....a document. Contain detail and objective of internal management of company....for more detail....see ch 7 Formation of a Company...?
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Haya Fatima 5 years, 10 months ago

Automatic vending machine refers to buying and selling of goods & services by inserting coins in machine. It is widely growing in india in big cities like Mumbai, Delhi etc. It is available as 24×7 days services.
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Ani Rudh 5 years, 10 months ago

The term tailor-made software refers to designing and developing user-specific software. These softwares,being user- specific, are not available off-shelf but are developed to meet the requirement of the user on the basis of discussion between the user and developers.
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☘Megha Seervi☘ 5 years, 10 months ago

No business can altogether do away with risks

Neha _ 5 years, 10 months ago

yes you can'nt start any business without taking risk . Risk is essential part of every business .....?
  • 1 answers

Yaser Siddiquee 5 years, 10 months ago

Different types of business banking services include: Business loans. Checking accounts. Savings accounts. Debit and credit cards. Merchant services (credit card processing, reconciliation and reporting, check collection) Cash management (payroll services, deposit services, etc.)
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Gargi Dandavate 5 years, 10 months ago

Do you mean contract manufacturing? It is a form of outsourcing..means you make a contract with a firm for components or product
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Yaser Siddiquee 5 years, 10 months ago

An ancillary unit is the unit which supplies not less than 50% of its production to the parent unit.

Nidhi Patel 5 years, 10 months ago

Chapter no.
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Ani Rudh 5 years, 10 months ago

Startup means to start a program with the help of any app (the app is called the startup )
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Yaser Siddiquee 5 years, 10 months ago

Features of Statutory Corporations: It is a corporate body: It is an artificial person created by law and is a legal entity. Such corporations are managed by Board of Directors constituted by Government. A corporation has a right to enter into contracts and can undertake any kind of business under its own name. Owned by state: State provides help to such corporations by subscribing the capital fully or wholly. It is fully owned by the state. Answerable to legislature: A statutory corporation is answerable either to Parliament Legislature or State Assembly whosoever creates it. Parliament has no right to interfere in the working of statutory corporations. It can only discuss policy matters and overall performance of corporation. Own staffing system: Employees are not government servants, even though government owns and manages a corporation. Employees of various corporations receive balanced or uniform pay and benefits by the government. They are recruited, remunerated and governed as per the rules laid down by the corporation. Financial independence: A statutory corporation enjoys financial autonomy or independence. It is not subject to the budget, accounting and audit controls. After getting the prior permission from the government, it can even borrow money within and outside the country.
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Yaser Siddiquee 5 years, 10 months ago

Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.
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Yaser Siddiquee 5 years, 10 months ago

Partnership means that form of organisation in which two or more person willingly join hands and agree to run some lawful business. Company is an artificial person created by law having separate entity with a perpetual succession and common seal.
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Rahul Yadav 5 years, 10 months ago

Because we cannot avoid risk, risk is essential part of the business and more risk so more profit
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Gursimranjeet Kaur 5 years, 9 months ago

Companies

Sunitha Sethia 5 years, 10 months ago

Cooperative society
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Lunatic .. 5 years, 10 months ago

Hawkers are retailers who sell goods on cart or carriage but peddlers carry goods on their heads and move door to door to sell goods
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Gaurav Seth 5 years, 10 months ago

Advantages of Trade Credit:

The advantages of trade credits are:

1. It is easy and automatic source of short-term finance.

2. It reduces the capital requirement.

3. It helps the business focus on core activities.

4. It does not require any negotiation or formal agreement.

Disadvantages of Trade Credit:

Like other sources of finance, trade credit is also associated with certain disadvantages, which are as follows:

i. Trade credit is available only to those companies that have a good track record of repayment in the past.

ii. For a new business, it is very difficult to finance working capital through trade credit.

iii. It is very expensive, if payment is not made on the due date.

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Yaser Siddiquee 5 years, 10 months ago

This refers to transactions between the parties or persons who are the part of one firm only.It is transactions within the firm that is why it is called intrafirm.Generally, a firm has to deal with its suppliers, cutomers, employees etc. These are called intra B-commerce interactions.

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