Evolution and Fundamentals of Business

Description

In this course, you will learn :

• What does the term "business" mean? What are the most important aspects of business?
• What is the distinction between a business, a profession, and an employment?
• What does the term Industry mean? What are the different types of industries?
• What are the two types of activities that comprise commerce?
• What are the definitions and characteristics of business risks? What are the root causes of business risks?
• How does business contribute to a country's economic development?

Syllabus :

• Concept and characteristics of Business, Economic and Non-economic activities
• Difference between Business, Profession & Employment, Objectives of business
• Factors affecting business decision
• Classification of business activities, Meaning of Industry & its classification
• Commerce, Trade and Auxiliaries to trade
• Business Risks, , Nature and causes of business risks
• Role of business in growth and development of nation

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