Business studies

Business studies

Analysis of Variability in Costs and Production Processes

Business and Commerce, Business studies, English, Students Corner / By

Many companies do not fully understand the cost of production. They believe that a product with a fixed cost is a product that is free from the variation with respect to demand, quantity and quality. This is not entirely true, because the cost of production varies depending upon the scale of production, the nature of …

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The Concept of Optimal Market Concentration

Business studies, Education and Literature, English, Students Corner / By

Business is about competition and business theory teaches us that competition means having a product or service which is the best in its class, while monopoly means having a product or service that no other company can offer. Although it sounds like a description of a monopoly, it is not. Monopoly is a market condition …

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Small Industries in India – A Major Source of Job Guarantee For People

Business and Commerce, Business studies, English, Students Corner / By

Industries in India are major contributing factors of high growth rate in the developing country. In India, there are many important industries like textiles, leather, automobiles, chemicals, petroleum refining & petrochemical, rubber, petroleum, steel, cement, textile, etc. These industries are major players of Indian economy. Small scale industries are also important factors of development in …

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News and Communication in India – Buzzing Social Media World

Business studies, English, Other Articles, Students Corner / By

In India, news and communications are considering a primary requisite for survival. Indian news and media development have been on the rise for past decades now. A mix of national and global media has flooded the Indian scene with news and entertainment. In this volatile world, it is very difficult for organizations to deliver the …

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Nature and Purpose of Business

Business and Commerce, Business studies, English, Students Corner / By

Business is all about the nature and purpose. This is the fundamental concept that underlies all business activities. This concept of business and its objectives clearly indicate what the company is all about. At the same time, it also clearly indicates what the various business activities are all about. Essentially, the purpose of a business …

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An Explanation Of The Many Responsibilities Of Management

Business and Commerce, Business studies, English, Students Corner / By

Management is a broad subject, encompassing a number of related disciplines. Management theory is an attempt to understand the nature, function, and application of management theory. It is necessary to differentiate between management and economics. The purpose of this paper is to provide an explanation of the meaning of management and its significance as a …

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Types of Business organizations – How They Operate

Business and Commerce, Business studies, English, Students Corner / By

There are 4 major types of business organisations: limited liability company, joint stock company, proprietorship and partnership. To learn more about the similarities and differences between them, click here. Each type has its advantages and disadvantages. Depending upon the needs of your business, you will have to choose the one that is most suitable for …

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Nature and Significance of Management and Its Impact on Business

Business and Commerce, Business studies, English, Students Corner / By

Human beings have always taken for granted the effects of Nature, and his importance as a force for betterment. From the earliest days, management as a profession has consciously sought to understand and maximise the effects of Nature on the human factors involved. Throughout history, management has been consciously directed towards the appreciation and protection …

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Privatization – An argument For Not So Big of a Return

Business and Commerce, Business studies, English, Students Corner / By

The private sector consists of companies which are privately owned and therefore not a part of the federal government. These tend to include private partnership firms, partnerships, LLCs, and corporations. An easier way of thinking of this sector is by considering non-regulated private organizations, which are not governed by statutory requirement. statutory requirement states that …

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