Fixed assets, such as land, buildings, machinery, and equipment, form a significant part of a company’s assets. These assets are typically acquired for long-term use and are not
Gross Domestic Product (GDP) is one of the most commonly used measures of a country’s economic performance. It reflects the total value of goods and services produced within
Qualities of Successful Businessmen In today’s highly competitive business environment, running a business is very challenging. Globalized business environment, information revolution, new forms of competition, ever demanding customers,
Basically, the modes of transport for delivery of goods have been classified into three categories, namely land transport, sea transport and air transport. We shall discuss some of
Classification of Business Environment Economists have classified Business Environment as Static environment, Dynamic environment, Internal environment, External environment, Market environment and Non-market environment. Lets study about them briefly
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
Importance of the Study of Business Environment A proper understanding of the environment is very essential for the business executive to achieve success in his business. Failure to
Problems faced by Public Utilities Public utilities face special kind of problems which are quite unique in nature. They are: 1. Location The public utility does not have
Introduction to Public Utilities Public enterprises produce goods and services which are indispensable for human life. Water supply and sewerage boards, electricity boards, transport, gas companies etc., are
