BUSINESS SERVICES

            Business Services The activities which facilitate or assist or support the business activities are called business services. Difference between goods and services Basis Services Goods Nature An activity or process. A physical object. Type Heterogeneous Homogeneous Intangibility Intangible Tangible Inconsistency Different customers having different requirements. Different customers having standard requirements. Inseparability Simultaneous production and consumption Separation of production and consumption   Types of Services Business Services Social Services Personal Services Used by business enterprises for the conduct of their activities Provided voluntarily in pursuit…

Read More

PRIVATE, PUBLIC AND GLOBAL ENTERPRISES

PRIVATE, PUBLIC AND GLOBAL ENTERPRISES balance sheet for non profit organization BANK RECONCILIATION_ 3 Business Finance Meaning Importance and worksheets BANK-RECONCILIATION_1 Private Public And GLobal Enterprises Various forms of business Organizations JVM Education Small Business Class XII Business Studies Forms of Business organization Social responsibilities of business and business ethics BANK RECONCILIATION_2 International Business ACCOUNTING FOR DEBENTURES

Read More

FORMS OF BUSINESS ORGANISATION

 FORMS OF BUSINESS ORGANISATION    Various forms of business Organizations Sole proprietorship Joint Hindu Family Business Partnership Cooperative Society Joint Stock Company   Sole Proprietorship Sole Proprietorship refers to a form of business organization which is owned, managed and controlled by an individual who is the recipient of all profits and bearer of all risks. Features Merits   Limitations Single Ownership Easy to start and dissolve Limited Capital One man control Motivation to work Lack of Specialisation No separate legal entity Quick Decisions Unlimited Liability Small Size Secrecy of Affairs…

Read More

Business Finance Meaning Importance and worksheets

International Business

Business Finance Business finance refers to cash and credit score employed in enterprise. It includes procurement and utilization of funds in order that enterprise companies could be capable of perform their operations successfully and effectively. The next traits of Business finance will make its that means extra clear:- (i) Business finance contains all kinds of funds utilized in enterprise. (ii) That is wanted in all kinds of organisations giant or small, manufacturing or buying and selling. (iii) The quantity of enterprise finance differs from one enterprise agency to one other relying upon…

Read More

Private Public And GLobal Enterprises

International Business

Private Public And Global Enterprises You’ll have seen all types of business institutions in your on a regular basis life. In your locality bazaar or market, there are outlets run or owned by single proprietor or massive retail organisations run by a priority. Additionally, there are individuals providing you providers reminiscent of medical providers, authorized providers, and so on which can be owned by multiple single individual, that’s, three way partnership organisations. All these are privately owned institutions. Likewise, there are different corporations or places of work of enterprise that…

Read More

Small Business Class XII Business Studies

International Business

Small Business Small business or companies are privately owned firms, partnerships, or sole proprietorships which have fewer workers and/or much less annual income than a regular-sized enterprise or company. Companies are outlined as “small” by way of with the ability to apply for presidency help and qualify for preferential tax coverage varies relying on the nation and business. More From JVM Education Copy linkPrivate Public And GLobal Enterprises Copy linkForms of Business organization Copy linkMajority of CFOs lacking visibility on transactions | SCM Copy linkFORMATION OF A COMPANY Copy linkIntroduction…

Read More

Social responsibilities of business and business ethics

Social responsibility of business and business ethics Business ethics is the professional term that describes and examines the principles, practices and moral issues that can arise in an organization or a business entity. It usually applies in every aspect of an organizations conduct and is relevant to the individuals of an organization as well. Social responsibility Social responsibility Nature And Purpose of Business Emerging modes of Business Forms of Business organization Small Business Majority of CFOs lacking visibility on transactions | SCM Why Strategic Warehousing Cost Is More Than shipping…

Read More

FORMATION OF A COMPANY

FORMATION OF A COMPANY Company formation is the term for the process of incorporation of a business . It is also sometimes referred to as company registration. These terms are both also used when incorporating a business. Companies can be created by individuals, specialized agents, solicitors or accountants. Many solicitors and accountants subcontract incorporation out to specialized company formation agents. More From JVM Education Emerging modes of Business Forms of Business organization Nature And Purpose of Business Majority of CFOs lacking visibility on transactions | SCM Introduction to Accounting Journal Entries for issue and…

Read More

Internal Trade

Internal Trade Internal Trade or Home commerce, is the change of home items inside the boundaries of a rustic. This can be sub-divided into two classes, wholesale and retail. Wholesale commerce is worried with shopping for items from producers or sellers or producers in giant portions and promoting them in smaller portions to others who could also be retailers and even consumers. Wholesale commerce is undertaken by wholesale retailers or wholesale fee brokers. Retail commerce is worried with the sale of products in small portions to shoppers. This kind of commerce is taken care of by retailers.…

Read More