Introduction to Business

Secondary Industry The industry is concerned with the production of goods and commerce is involved with the distribution of produced products. The process of extraction,…

Primary Industry The industry is concerned with the production of goods and commerce is involved with the distribution of produced products. The process of extraction,…

The industry is concerned with the production of goods and commerce is involved with the distribution of produced products. The process of extraction, production, conversion,…

Various types of Audit An audit is a task of careful and in detail checking or examining of cost and financial statements from company or…

Social Cost Social benefit is the total benefit arising due to the production of goods and services by a firm. The social cost is the…

A Multinational Corporation (MNC) is a corporation that has its facilities and other assets in at least one country other than its home country. So,…

Public visibility refers to the extent that organizations activities are known to persons outside the organization. The activities may be directly observed. Activities also may…

Urban Community An Urban Community is a big city or town. An urban area might be defined as an area with a large number of…

Laissez-faire – Economic Theory An economic theory from the 18th century that is strongly opposed to any government intervention in business affairs. In economics, laissez-faire…

Insider trading is the trading of a corporation’s stock or other securities (e.g. bonds or stock options) by individuals with potential access to non-public information…