-->
.

Meaning of Business

>> August 10, 2011


Business means all activities which generates wealth. In these activities, goods are produced or purchased and then are sold on profits. Following are main features of business. 

1. Objective of business is to earn profit.
2. There are lots of risks in it.

Following are main business objectives:

1. Economic objectives

a) To earn profit

b) To Grow the business

c) Innovation of new products

2. Social objectives

a) Service to society

b) Employee satisfaction and development

c) Quality products and services

d) Fair return to investors

e) Good corporate citizenship






0 comments:

Post a Comment


About website


An educational site with 2,000+ articles, solutions, video-guides and tutorials .

Get Update on Mobile


Type svtuition.org in your mobile phone web browser for free access anytime, from any place.The content is designed specifically for cell phones and mobile devices.

Contact Us

Email : vinod@svtuition.org

Phone : +91-8557888436

Send an Email
Phone number and vCard
LinkedIn profile
Follow us on twitter