What are objectives of business class 11?
Regularity in Dealings
Business is a repeatable economic activity that generates money.
For example, if you sell your old bike and it generates money..
What is business class 11 business studies?
Ans.
There are several types of business structures, including sole proprietorship, partnership, corporation, and cooperative.
Each structure has its own advantages and disadvantages and is chosen based on factors such as liability, taxation, and ownership..
What is in business studies class 11?
Chapter 1 of Class 11 Business Studies curriculum discusses business, trade, commerce, classification of business activities, characteristics of business activities, objectives of the business, business risks and many more important topics..
What is in business studies class 11?
Economic Objectives of Business
Economic objectives refer to the objective of earning the profit and also other objectives which are necessary to be pursued to achieve the profit objective.
This includes - creation of the customers, regular innovations and best possible use of the available resources..
What is the first chapter of business studies class 11?
Business is an economic activity that involves the exchange, purchase, sale or production of goods and services with a motive to earn profits and satisfy the needs of customers.
Businesses can be both profit or non-profit organizations that function to gain profits or achieve a social cause respectively..
What is the first chapter of business studies class 11?
The motive of a business is to earn profit primarily.
However, there are some other objectives as well like increasing market share, improvement in productivity, employee satisfaction, consumer satisfaction, social objectives but the main and basic objective of a business is to make profits..
Which topic is best for business studies class 11?
Chapter 1 of Class 11 Business Studies curriculum discusses business, trade, commerce, classification of business activities, characteristics of business activities, objectives of the business, business risks and many more important topics..
