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Showing posts from January, 2020

Business Basics

There are many definitions of a business but simply we say,   “Business is a long term activity in which products or services are continuously provided to customers” . Objectives of a business: ·           To provide right service or a product to right customer. ·          To satisfy customer by providing quality product. ·          Self-satisfaction and to earn the profit. ·          To give jobs to unemployed and needy based upon his/her skill. ·          To contribute in nations economic growth. A very first objective is to satisfy customers by serving quality product and then earning profit. Definitely there is a profit if we provide quality. Introduction: Business is having number of activities and various stages to start and run. It requires sufficient time, so we can say business is a long term activity. In whole process there is an engagement of an individual & team to run the activities. Always we should be busy in activities therefor