Following are the methods of measuring a business: ▪️ Amount of sales turnover ▪️ Amount of profit ▪️ Capital employed ▪️ Stock market valuation ▪️ Number of employees ▪️ Number of shops/offices These methods however are not always completely accurate ...
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Entrepreneurs
yaebizEntrepreneurs occupy a central position in a market economy. Entrepreneurs seek disequilibrium, a gap between the wants and needs of customers and the products and services that are currently available. The entrepreneur then brings together the factors of production necessary ...
Joint Ventures
yaebizA business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture each of ...
Franchise Businesses
yaebizA franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company. The franchising company, or franchiser, signs a contractual agreement with the franchisee, explaining in detail the company’s ...
Limited Companies
yaebizA limited company is an organisation that someone can set up to run their business, it’s responsible in its own right for everything it does and its finances are separate to the owners’ personal finances. Any profit it makes is ...
Business Partnerships
yaebizA partnership is a single business where two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labor or skill. In return, each partner shares in the profits and losses of the ...
Sole Trader
yaebizA sole trader is the simplest form of business structure and is relatively easy and inexpensive to set up. A sole trader is legally responsible for all aspects of the business. They make all the decisions about starting and running ...
Problems with Business Growth.
anusheMajorly, the purpose of a business is to gain profit, hence expansion is inevitable. However, while expanding a business might face many problems. Usually, businesses try to expand as quickly as possible, and face diseconomies of Scale, which are the ...
Methods of Measuring Size
anusheCommonly,the size of a business is measured by the number of employees hired, value of output, value of sales and value of capital used for production. A growing business always experiences a major changes in all these sectors. Once a ...
Sectors Of Business Activity.
anusheA business is divided between three sectors; primary, secondary and tertiary. Each sector deals with a section of a business. The primary sector is smallest one, dealing with the extraction of natural resources, e.g mining. However, the secondary sector deals ...
Needs, Wants and Scarcity.
anusheThe concept of needs, wants and scarcity is the basis of Business Activity. Their is a slight difference between needs and wants. Needs are essential things one needs to survive, yet wants are the things that people believe they need ...
Value Added Concept
anusheIn the business world, the value added concept explains a basic feature of a business.This concept explains that a primary product can be sold for a higher price after some advancements are made to it. For example, if you buy ...
Purpose Of Business Activity
anusheIn our daily lives, business activity holds immense importance, as it is the process of providing goods and services to people. In a manner, our lives are based on business activities.In a business activity, both private and public enterprises are ...
The Purpose Of Business Activity
yaebizBasically, as humans we all have needs and wants. Needs are the things we can’t live without while desires are things we can live without. We as humans have unlimited wants. Business activity exists to satisfy these needs and wants.
various styles of shoes and their popularity
sajida1Shoes come in variety of styles and shapes. There is a broad range of shoes styles for children, men and women and everyone. It is an important part of human dressing. Whether it’s a party, wedding, or some other sort ...
University life of student
imran146University life one of the most charming and memorable time in the life of the students because this is the stage when they starts to become mature and more sensible as they starts to feel their responsibilities as well as ...
Operations management
imran146Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a company’s goods and services. Because operations management is ...
Operations management
imran146Operations management (OM) is the business function responsible for managing the process of creation of goods and services. It involves planning, organizing, coordinating, and controlling all the resources needed to produce a company’s goods and services. Because operations management is ...
realization of losing
nehain the time that i stand today it is so sorrowful to admit that a price of a mobile is higher than the price of life of a person. it is just as a pickpocket snatch away your mobile from ...
Dream House
yaseen21House is the place to stay together with part of our family. A good house is the house that makes the dweller fells so comfortable. My dream house is the house that has complete facility and wide garden. I want ...
Favorite Restaurant
yaseen21McDonald’s is a fast food restaurant chain and “has over 32,000 locations in more than 100 countries around the globe” (McDonald’s website). It is one of most popular fast food restaurants in the world, and preferred by a lot of ...
Cell Phones
yaseen21Cell phones or mobile phones have become a very important part of our daily lives. It is very difficult to imagine our live without a cell phone as most of our work is done using cell phones. The very first ...
Relationship
yaseen21A relationship between two people can have very different meanings. In some relationships such as two lovers, they can also be best friends because they share good communication. A relationship between a parent and child has a special bond because ...
Lose Weight
yaseen21Losing weight is something almost every person wants to do. It is a difficult process that’s takes determination and motivation. There are many steps involved in this but the most important thing is to stick with it. The first step ...
Close Friend
yaseen21Some people come into our lives and quickly go. Some stay for a while and leave footprints on our hearts. A best friend can be someone with whom you’ve known since childhood but can also be someone that you’ve just ...
Traffic Accident
yaseen21Traffic accidents are on the rise these days. Most of the accidents caused injuries or either worse death. Research have found that most of the accidents are caused by inexperienced drivers, for example young drivers. Young drivers tend to be ...
Modern Gerneration
yaseen21Every generation has grown in different circumstances, cultures and traditions. Nowadays the major influence on new generation has technology. Modern lifestyle is an opportunity to increase their standards. Old people are always saying that the young are not what they ...
Obesity (Over weight)
yaseen21Obesity has become a major problem in the UAE. Over 60% of peoples are overweight. This is a difficult problem with many serious effects on the individual and country. One of the chief causes is diet. Youngs eat more and ...
Media Responsibility
yaseen21The media is playing an important role in our daily life, because with it we can know what is happening in every corner in every minute of the world. The information that the media provide to us are so wide ...
Public Libraries
yaseen21The library is a place where there is a large collection of books. Some people are very fond of books and collect them to satisfy their thirst for knowledge. A man can read a large number of books at a ...
Rich Countries
yaseen21Firstly, citizens of both wealthy nations and poorer nations are human beings. Therefore, we can not look at, hear of, or talk about people who lack food, education, etc without compassion and sympathy. Sharing wealth with poorer nations is not ...
Party Events
yaseen21With the improvement of people’s living standards, people tend to have more disposable income to celebrate some happy events such as wedding day and birthday by holding parties. Celebration of parties can present sufficient benefits to individuals and society as ...
Gender Issues
yaseen21In hiring, men are much more likely to get a job than women are. Men make more money than women do, even though they both have the same qualifications. Although in the last 10 to 15 years, women have gradually ...