Business Studies notes… Topic 1- Nature Of Business The importance of businesses The function of business in creating value/benefit ← A business is an organization that buys and sells goods‚ makes products or provides services. ← Business enterprises undertake many activities to provide the products demanded by customers‚ however‚ the most important activity is production. ← The management of the business‚ organizes all aspects of running the business including choosing a particular product
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notion‚ Christianity and business are still thought by many to be incompatible. It is proposed that Christianity and business are inseparable because virtually all people‚ including Christians‚ participate in business either directly or indirectly. While there may be different opinions as to how it is accomplished‚ one who is a Christian should integrate one’s faith‚ to some degree‚ in all aspects of life‚ including when participating in business. The problem with business is there are a large number
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fundamental goal of business? Do all organizations share this goal?The fundamental goal of business is to earn a profit. Not all organizations share this goal because they are nonprofit organizations. 2. Name the forms a product may take and give some examples of each. The forms a product may take are tangible and intangible. Tangible goods are computers‚ clothing‚ automobiles‚ and food. Intangible goods are services or ideas made by people. 3. Who are the main participants of business? What are the
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improvements‚ focused business insight‚ and extraordinary added value. Purpose: Convergys promotes a shared responsibility amongst all employees to continue the tradition of excellence‚ integrity‚ innovation‚ and corporate citizenship in the industry of relationship management. Managing these relationships‚ fostering their improvement‚ and adding value to them is how Convergys enables organizations worldwide to improve their business performance. To guide the operations of Convergys’ business‚ they have
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Province of the EASTERN CAPE EDUCATION NATIONAL SENIOR CERTIFICATE GRADE 11 NOVEMBER 2012 BUSINESS STUDIES MARKS: 300 TIME: 3 hours This question paper consists of 10 pages. 2 BUSINESS STUDIES (NOVEMBER 2012) INSTRUCTIONS AND INFORMATION Read the following instructions carefully before answering the questions. 1. This question paper consists of three sections and covers all learning outcomes (LO1 to LO4). SECTION A: COMPULSORY SECTION B: Consists
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Business Plan COMPANY PROFILE • Company name :- Tender coco. • Place :- 7th milestone‚ Mumbai highway Road‚ Belgaum (Kar) • Company Business- The project is based on the processing of "coconut water “with flavors the packaging of the same in Sachet & tetra packs add sell them. “We are into this business to earn money‚ generate employment and ensure quality prices to farmers and quality product to customers.” Why this location- Belgaum • Few distance from major cities like Mumbai
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Retail Business Research Sistamack@yahoo.com RES/351 Business Research Retail Business Research In the retail business industry‚ retailers have to be creative in providing value for its customers. Customer value is a priority and must be implemented at all times when maintaining or running a business‚ company‚ and/or organization. Customers like convenience without having to jump through hoops. For example‚ when opening a new business‚ or establishing a way to build customer
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in the On-line and Electronic Publishing Industry: Introduction The commercial enterprise business like several different industries has not at liberty the impact of data technology in each the assembly and distribution of the data it creates. From earliest DTP techniques to the commerce of books over the net and also the commercial enterprise of electronic journals the commercial enterprise business has promptly accepted technological innovation. several publishers are currently able to embrace
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BUSINESS ENVIRONMENT. The business environment is the aggregate of all conditions‚ events‚ and influences that surround and affect a business firm. Business environment generally refers to the external factors affecting‚ either positively or negatively‚ the operation of a firm. The most important external factors include economic‚ legal‚ political‚ social and technological factors Business environment is classified as follows:- (a) Internal Environment: These are the environmental factors which
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Global factors affecting business The way of running the business differs from country to country. The marketing‚ sales and technical skills are required to increase the productivity of business. Business in general is enhanced when people from different cultures find new approaches to old problems‚ creating solutions by combining cultural perspectives and learning to see issues from the viewpoint of others. Business Environment consists of factors influential to the business operations. These factors
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