In starting a new business the businessman has to decide on the type and nature of business. The fields open to him are industrial, commercial, or service areas. He may choose manufacturing, wholesaling, retailing, brokerage, import or export. The selection decision will be based on the availability of capital, scope of business, his expertise and experience, nature of demand.
Infrastructure provides a sound basis for all types of businesses. It includes basic installations and facilities, as roads, power plants, transportation, and communication systems. Whether it is a manufacturing concern or service organization, wholesaling or retailing, import or export, small or large business, all need infrastructure.
Man is a social animal who lives in society and a man who lives without society is either an animal or God. With more than 200 countries in this world with huge population following different cultures, religions speaking different languages, it was impossible for ancient man to share their ideas wit More >>
When you are taking forward your desired to buy your home, it becomes important for you to provide a certain amount of inspection on the property so that you are not at all fooled out of your hard earned money. More >>
Mobile crusher is a new type highly efficient rock crusher, belonging to the impact crushers, which push the limits of coarse crushing in the displacement space. More >>
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A guide on how to act and respond if you are involved in a car accident whilst driving on the roads More >>
Modem businesses can be seen from the following background: 1. Competition 2. Mechanization 3. Automation 4. Grading 5. Managerial Standards More >>
Capitalism, as discussed above, is the economic system in which the means of production and distribution are privately owned and operated for profit. More >>
Grover Starling defines technological environment as all those activities by which technical knowledge is translated into physical reality and becomes used widely enough to have a substantial effect on society.” More >>
All public companies limited by shares must call a statutory meeting of shareholders. More >>
The rabb-ul-mal may specify a particular business for the mudarib, in which case he shall invest the money in that particular business only. More >>