Business as a combination of types of activities: production, distribution and sale, obtaining economic profit. Basic types and functions of banks. The principle of equilibrium prices and financial management. The use of accounting in the organization.
1) What is business 2) International business 3) What is a bank 4) Companies 5) Product, Market and Market Relation 6) Finance 7) Accounting & Auditing 8) Modern Means of Business Communication 1) What is business Business is a word which is commonly used in many different languages. But exactly what does it mean? The concepts and activities of business have increased in modern times. Traditionally, business simply meant exchange or trade for things people wanted or needed. Today it has a more technical definition. One definition of business is the production, distribution and sale of goods and services for a profit. To examine this definition, we will look at its various parts. First, production is the creation of services or the changing of materials into products. One example is the conversion of iron ore into metal car parts. Next these products need to be moved from the factory to the marketplace. This is known as distribution, A car might be moved from a factory in Detroit to a car dealership in Miami.
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