Introduction to Business Notes (MBA, BBA, B.Com, Management)

Introduction to Business Notes (MBA, BBA, B.Com, Management) for mba, bba, b.com and other management and business studies students. Introduction to business, this subject will expose you to business concepts, business terminology, and current business issues. The intent is to develop a practical business vocabulary, foster critical and analytical thinking, and improve your business decision-making skills.

Under the EDI electronic data interchange and e-commerce system the parent company design a website and access to that website is given to its main customer for example suppliers and distributers. The website can be accessed through customer provided password. These websites are also connected with the banks of parent co... read more

introduction to business

September 26, 2019

Corporate Governance “Corporate Governance is the arrangement of guidelines, practices and procedures by which a firm is coordinated and controlled. Corporate Governance basically includes adjusting the interests of an organization's numerous partners, for example, investors, the board, clients, providers, ... read more

introduction to business

May 28, 2019

Board of Directors An overseeing body (B of D) is a get-together of individuals, addressed financial specialists. A barricade's structure is to fabricate plans for corporate organization and oversight, settling on decisions on genuine association issues. Each open association must have a directorate. Some private... read more

introduction to business

April 24, 2019

Mergers and acquisitions are part of overall strategy of the firm. The firms go for such mergers and acquisitions for following benefits Sales enhancement and operating economies The most important reason for such a decision is to enhance the revenue of the firm. By acquiring firms in same line of business or wit... read more

introduction to business

March 26, 2019

Defenses Against Takeovers Following are the defenses against takeovers in mergers and acquisition; 1. Stock Repurchase One common way to avoid acquisition is target firm buybacks its shares. The firm would buy the shares from majority shareholders by paying premium, by doing so they possess all the vot... read more

introduction to business

March 25, 2019

Mergers and acquisitions are basically process of formation of new entities with the objective to create synergy. The purpose behind the process is to combine the strengths of two companies and eliminate the weaknesses of the two to achieve greater efficiencies and increased shareholders’ wealth. Mergers are wi... read more

introduction to business

March 22, 2019

4 Main Types of Mergers and Acquisitions Companies may combine in different forms, there are four main types of mergers and acquisitions; Horizontal Mergers / Acquisitions Horizontal mergers occur between the companies that have same customer base, offers similar products and lies on same business level... read more

introduction to business

March 21, 2019

External Auditor External auditor play a critical role in validating your company's finances. Potential lenders and investors often require externally audited financial statements before extending credit or providing funds for your business. If it is discovered that an auditor failed to detect material misstateme... read more

introduction to business

March 20, 2019

Barriers of eCommerce Some of the main barriers of ecommerce are listed below; Security Trust and risk Lack of business model Culture User authentication and lacks of public interest Fraud is also a barrier Slow navigation Change agent to replace an old system with ne... read more

introduction to business

December 17, 2018

E-Commerce The most accurate, efficient mean of conduction of e-commerce is Internet. The internet is emerging as a major worldwide distribution channel for goods, services, managerial and professional jobs. This is profoundly changing economics, market and industrial structure, product and services with their flow, ... read more

introduction to business

December 17, 2018

Benefits of eCommerce - Business Perspective Following are the Benefits of eCommerce with respect to Business; 1. Global Reach Its perspective is from buyer and seller both but more is from buyer. 2. Cost Reduction There is reduction in the cost of product in this we aren’t talking about its man... read more

introduction to business

December 15, 2018

Brief History of Ecommerce 1970’s innovation like EFT routed electronically from one organization to another but it was limited to large corporations only. EDI electronically transfer routine documents that application en large, pool of participating companies to include manufactures, retailers and services. IO... read more

introduction to business

December 10, 2018

Mission Statement “A written declaration of an organization's core purpose and focus that normally remains unchanged over time.” A mission statement is a short sentence or paragraph utilized by a corporation to clarify, in modest and brief expressions, its resolutions for being. These declarations... read more

introduction to business

November 18, 2018

Classification of E-Commerce Following are the types / classification of E-Commerce; Business to Business (B2B) Business to Consumer (B2C) E-Tailing Business to Business to Consumer (B2B2C) Consumer to Business (C2B) Consumer to Consumer (C2C) P2P Mobile E-Commerce ... read more

introduction to business

November 18, 2018

Forms of Business Mainly there are three forms of business; Sole Proprietorship Partnership Corporations 1. Sole Proprietorship A sole proprietorship is a form of business that is possessed by one person. From a legal viewpoint, the company and its proprietor are deliberated on... read more

introduction to business

November 14, 2018