Category: BUSINESS MANAGEMENT

MANAGER IN TODAY BUSINESS WORLD – QUALITIES MANAGER MUST POSSESS

February 26, 2024February 26, 2024 commerceiets No Comments

Manager in Today Business World Management is a creative process that integrates and uses various available resources effectively to accomplish certain goals. For this, an individual is responsible to develop ideas and get things done through others. The concerned individual is designated as the manager. any person who performs the functions of planning, organization, staffing,…

BUSINESS MANAGEMENT

DEFINITION OF MANAGEMENT BY DIFFERENT MANAGEMENT AUTHORS

February 26, 2024February 28, 2025 commerceiets

MEANING & DEFINITION OF MANAGEMENT Management is the art of getting things done by a group of people with the effective utilisation of available resources. An individual cannot be treated as a managing body running any organisation. A minimum of two persons are essential to form a management These persons perform the functions in order…

BUSINESS MANAGEMENT

10 DIFFERENT TYPES OF BUSINESS – NOTES

June 15, 2023June 15, 2023 commerceiets No Comments

TYPES OF BUSINESS MEANING OF BUSINESS Business can be defined as an economic activity under taken for the production of goods and services with the aim of satisfying the human wants. The etymology of “business” relates to the state of being busy either as an individual or society, as a whole, doing commercially viable and profitable work….

BUSINESS MANAGEMENT, BUSINESS ORGANISATION

TOP 10 FEATURES AND TYPES OF PROFESSION

June 14, 2023June 14, 2023 commerceiets No Comments

FEATURES AND TYPES OF PROFESSION PROFESSION A profession is an occupation which involves the rendering of personal service, of a specialised nature. The service is based on professional education, knowledge, teaching, etc. The specialised service is provided for a professional fee charged from the clients. The professionals are members of professional bodies of those lines and conduct…

BUSINESS MANAGEMENT, BUSINESS ORGANISATION

OBJECTIVES OF BUSINESS

July 14, 2022 commerceiets No Comments

OBJECTIVES OF BUSINESS A business is an organisation of human, material and other intangible resources. It is created to offer satisfaction to its customers, owners, employees, managers and other stakeholders. The function of business is to create, retain and satisfy profitable customers as a means of successfully achieving the desired ends of an enterprise. Although…

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BUSINESS MANAGEMENT, BUSINESS ORGANISATION

FEATURES OF BUSINESS

July 14, 2022February 10, 2025 commerceiets

MEANING OF BUSINESS Business means the state of being busy. In essence, business concerns with buying and selling goods, manufacturing goods or providing services in order to earn profit. FEATURES OF BUSINESS 1. Entrepreneur: There must be someone to take initiative for establishing a business. The person who recognized the need for a product or…

DIFFERENCE BETWEEN LLP AND PARTNERSHIP

April 6, 2020February 9, 2025 commerceiets

DIFFERENCE BETWEEN LLP AND PARTNERSHIP LIMITED LIABILITY PARTNERSHIP A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership (LLP) is a new corporate form that enables professional knowledge and entrepreneurial skill to combine, organize and operate in an innovative…

KEY DIFFERENCES, BUSINESS MANAGEMENT, COMMERCIAL LAW, PARTNERSHIP ACCOUNTS

DIFFERENCE BETWEEN LLP AND COMPANY

April 6, 2020 commerceiets No Comments

DIFFERENCE BETWEEN LLP AND COMPANY LIMITED LIABILITY PARTNERSHIP A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership (LLP) is a new corporate form that enables professional knowledge and entrepreneurial skill to combine, organize and operate in an innovative…

COMMERCIAL LAW, BUSINESS MANAGEMENT, KEY DIFFERENCES, PARTNERSHIP ACCOUNTS

LIMITED LIABILITY PARTNERSHIP

April 6, 2020 commerceiets No Comments

LIMITED LIABILITY PARTNERSHIP Limited Liability Partnership enterprise has been introduced in India by enacting the Limited Liability Partnership Act, 2008. LIMITED LIABILITY PARTNERSHIP Act was notified on 31.03.2009. A Limited Liability Partnership, popularly known as LLP combines the advantages of both the Company and Partnership into a single form of organization. Limited Liability Partnership (LLP)…

COMMERCIAL LAW, BUSINESS MANAGEMENT, PARTNERSHIP ACCOUNTS

WHAT IS SOCIAL RESPONSIBILITY OF BUSINESS

December 27, 2019February 28, 2025 commerceiets

WHAT IS SOCIAL RESPONSIBILITY OF BUSINESS? Social responsibility of the business means the responsibility or obligation of the business towards the society. The business should act in such a manner that it serves in the best of the interest of the society. The social responsibility of business states that what is good for society is…

BUSINESS MANAGEMENT