Learn about the Concept and Characteristics of Business; You will understand we have been amidst businesses for as long as we can remember. It is absolutely not an overstatement to say that everything that surrounds you is business. From your computer screen to the chair you sit on, everything is a chain of business.
Production
When and Why a Business Can Enter into Joint Ventures?
Entering into a joint ventures is a major decision. When two businesses agree to join together for a common purpose and mutual benefit, it gives rise to a joint venture. Join ventures can be created by two or more parties; generally characterized by shared ownership, shared returns and risks, and shared governance in a business.
7 Basic Characteristics of Business We Should Always Remember
Characteristics of Business refers to activity in which a business regularly trades with an objective of earning profit. The activity may consist of production or purchase of goods for sale; or exchange of goods or supply of services to satisfy the needs of other people in the society.
What are Features and Objectives of a Business?
Business is an economic activity of production and distribution of goods and services. It is an economic activity corned with creation of utilities for the satisfaction of human wants. It provides a source of income to the society. Business results into generation of employment opportunities thereby leading to growth of the economy. It brings about […]
5 Questions to Ask When Producing Marketing Video
We’re all in the video business today. Videos increasingly make up the fabric of all our communications. Every brand and marketing manager needs a set of principles that can guide them through the realm of infinite possibilities. If you want your brand to create change in the market, your video assets need to make the […]