Tag Archives | business

Business Ethics

Business ethics is concerned with the behaviour of a businessman in doing a business. Unethical practices are creating problems to businessmen and business units. The life and growth of a business unit depends upon the ethics practiced by a businessman. Business ethics are developed by the passage of time and custom. A custom differs from […]

International Trade

International trade is a narrow term and part of international business. International trade includes export, import and entrepot trade. It also includes contracts related to services such as international travel and tourism, transportation, communication, banking, warehousing, advertising etc. International business on the other hand is a much broader term. In additional to international trade it […]

Corporate Social Responsibility

Corporate Social Responsibility (CSR) is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. ‘It refers to the obligations of businessmen to pursue those policies, to make those decisions, […]

Forms of Business Organisation

Everything you need to know about the forms of business organisation. After deciding to start a business, an entrepreneur has to choose one of the forms of business organisation. The merits and demerits of each form of business organisation have to be considered keeping in view, the size and nature of business, amount of capital […]

Learning Organisation

Everything you need to know about learning organisations. A learning organisation is an organisation that has developed the continuous capacity to adapt and change. All organizations learn, whether they consciously choose to or not-it is a fundamental requirement for their sustained existence. The spirit behind Learning Organisation is that, people at work in an organisation, […]

What is Business Environment?

Everything you need to know about the business environment. Business environment means the factors/activities those surround/encircle the business. In other words, business environment means the factors that affect or influence the business.  Business Environment refers to all those external forces, such as economic, social, political, regulatory, technological, natural and competitive factors which affects the business. […]

Types of Entrepreneurs

Everything you need to know about the types of entrepreneurs. By defining entrepreneur, we know that he is the person who dreams about his business and after seeing the dreams, it becomes true. This is related with economic development of the country. For more developed countries an entrepreneur has to be more innovative, enthusiastic, realistic, […]

Functions of an Entrepreneur: 22 Important Functions

Everything you need to know about the functions of an entrepreneur. The basic function of an entrepreneur is to identify a profitable business and then to venture into it. For this, he has to chart a plan of action ranging from the idea conceived to actual running of business. The functions of an entrepreneur differ […]

Social Responsibility of Business (towards Society, Shareholders, Employees and Consumers)

Everything you need to know about the social responsibility of business towards different sections of society. Social responsibility means an intelligent arid objective concern for the genuine welfare of the society that limits or prevents individual and corporate behaviour from ultimately destructive activities no matter how immediately profitable, and that leads the managerial actions in […]

Types of Business Environment – Explained!

Everything you need to know about the types of business environment. The term ‘environment’ connotes external forces, factors and institutions that affect a business enterprise. It means the external conditions or forces within which a business firm operates. It includes all factors which are external to and beyond the control of individual business enterprises and […]

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