Define commerce
Business

Define commerce

Various scholars have defined the word commerce in the following way: According to James Stephenson, “Commerce embraces all those processes, which help to break the…
Discuss the basic features of business
Business

Discuss the basic features of business

Characteristics or features of business are discussed in following points:- Exchange of goods and services: All business activities are directly or indirectly concerned with the…
Berloa’s S-M-C-R Model of communication
Business

Berloa’s S-M-C-R Model of communication

Berlo’s S-M-C-R Communication Model David K. Berlo, a communication theorist and consultant developed a model named S-M-C-R model of communication in 1960 in his book…
Riley’s Communication Model
Business

Riley’s Communication Model

Riley’s Communication Model John W. and Matilda White Riley, the husband and wife team of sociologists from Brunswick published many articles jointly on communication. The…
Types of Plans in Business Management
Business

Types of Plans in Business Management

Types of Plans in Business Management Planning is a management process, concerned with defining goals for company’s future direction and determining on the missions and…
Major Difference between Domestic and International Business
Business

Major Difference between Domestic and International Business

Major Difference between Domestic and International Business Domestic business Nationality of buyers and sellers: People or organizations from one nation participate in domestic business transactions.…
Reason of International Business
Business

Reason of International Business

International business is defined as commercial transactions that occur across country borders. Business transaction taking place within the geographical boundaries of a nation is known…
Scope of International Business
Business

Scope of International Business

The significance of international business is better than ever as companies around the world become enhanced connected. It is always played a major role in…
Exporting and Importing in International Business
Business

Exporting and Importing in International Business

Exporting and Importing Exporting refers to sending of goods and services from the home country to a foreign country. In International Trade, “exports” refers to…
Consumer Cooperative Store
Business

Consumer Cooperative Store

Consumer Cooperative Store A consumer cooperative store is an organization owned, managed and controlled by consumers themselves. The consumers join together and manage the business…
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