Sole Trader Business | Advantages | Disadvantages | Suitability
Advantages of Sole Trader Business The advantages of sole trader business are the following: 1. Easy to form: It is very easy and simple to form and organize a …
Tag: business environment
Important point to be considered in selecting form of Business Organization
Selection of form of Business Organization The crucial decision to be taken at the time of establishment of a business undertaking is the selection of the form of organization. …
Business Enterprise – Meaning | Public | Private | Joint
Meaning of Business Enterprise Business Enterprise or a Business undertaking is an institutional arrangement to conduct one or other type of business activity. According to Wheeler Business undertaking is …
Differences between Sole Trader and Partnership
Sole Trader vs Partnership The following are some of the differences between a Sole Trader and Partnership.
10 Most Important functions of a Group Leader
10 Most important functions of a Group Leader A group leader undertakes the following functions: 1. He represents the undertaking and its purposes, ideals, philosophy and problems to those …
Social Responsibilities of Business towards Community
Social Responsibilities of Business towards Community The business owes a great irresponsibility to the community in various directions. Some of the major areas where business can and does contribute towards …
District Industries Centres | Objectives | Resources | Structure
When and why were District Industries Centres initiated? The industrial Policy 1977 contained the concept of District Industries Centres (DIC). DIC program was initiated on 1st May 1978 as …
Step-by-step approach for starting a new venture
Step-by-step approach / Important stages in starting a new venture An enterprise also means an undertaking, a business firm or venture. Here is a step-by-step approach for starting a …
Indiscipline in Organization | Meaning | Causes | Types of Misconduct
What is Indiscipline in an organization? An act of indiscipline or misconduct is the deviation or by passing of the established rules which should be followed without any discretion. …
Business and Profession | Meaning | Differences
Meaning of Business and Profession Business means to earn profit by supplying goods and services, whereas profession is an advice or service rendered by one or a group of …