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Category Archives: Business Studies

Routine steps to carry out activities in an organization are known as Procedures. They are established for repetitive activities. They describe the manner in which… Read More
Organising refers to a process consisting of a series of steps to identify and group various activities, collect or assemble various resources and establish authority… Read More
Specific statements that inform what must and must not be done are known as Rules. They are formed to maintain, regulate and control the working… Read More
The general statements that guide thinking and channel energy toward a particular direction are known as Policies. Policies are a type of Standing Plan and… Read More
Routine steps to carry out activities in an organization are known as Procedures. They are established for repetitive activities. They describe the manner in which… Read More
A business is a part of society and it gets the manpower and resources required for the accomplishment of different activities from society. It means… Read More
The general statements that guide thinking and channel energy toward a particular direction are known as Policies. Policies are a type of Standing Plan and… Read More
The general statements that guide thinking and channel energy toward a particular direction are known as Policies. Policies are a type of Standing Plan and… Read More
The general statements that guide thinking and channel energy toward a particular direction are known as Policies. Policies are a type of Standing Plan and… Read More
Every organisation is not competent in every activity, and to get those things done properly and efficiently, it needs to outsource some of its activities… Read More
A plan which is made for activities that occur after regular intervals of time or its occurrence is sure in the future is known as… Read More
A management plan is a global plan that provides the objective of any organization’s project. A plan certainly defines responsibilities, roles, etc., to ensure the… Read More
Planning is required by all individuals, businesses, and non-business organizations. It is practised for all types of organizations small, medium and large. The primary function… Read More
A sole proprietorship is the most popular, oldest and simplest form of business organization. It is basically made up of two words, one is ‘sole’,… Read More
Planning is a blueprint of the course of action to be followed in the future. It is also a mental exercise that requires imagination, foresight,… Read More

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