Business and Commercial Knowledge

Introduction What do consumers want? This is a question that many businesses ask themselves. The answer, of course, is not always clear. In order to appeal to consumers and generate more revenue, it is important to understand what consumers mean and how they behave. In this blog post, we will discuss the different types of […]

Introduction A nation’s code of conduct is critical to the functioning of any country. The “policy” is nothing more than a code. The primary goal of any government policy for business growth is to improve the country’s operational strategy and economic growth. Government Policies for Business Growth It is noted that government policies for business

Introduction: “Global environment refers to the interrelationships and transactions among cultures, people, and organisations worldwide. As a result of international business and other global trends, today’s global environment has become a complex set of interdependent networks. These networks change continually; they are dynamic. This is especially true in today’s fast-paced, technology-driven world.” Global Environment Facility

Do you work as an individual, or are you an employee? Are you a contract professional, or are you on a retainer ship contract? Whatever your nature of employment, do you fill out form 16 or Form 16 A to file your income tax? It is vital to know the type and nature of your job for

Foreign Direct Investment is a term used to describe the investment of resources by companies domiciled outside a country, into foreign entities and markets. These investments can be in the entrepreneurs’ country, in combination with overseas subsidiaries or wholly-owned subsidiaries. This is primarily used when a company invests resources in some other country, where it

Economic activities refer to the actions of the individuals associated with the manufacturing and consumption of products and services. These are done for monetary gain. Non- Economic activities are those activities done to offer products or services to others with no purpose of financial gain. Introduction Economic and Non-Economic Activities teach multiple factors to mankind.

What Economic Environment Is All About? A business is a place of trade that organises economic activity for the benefit of society. Certain external forces are termed as an economic environment that does have an impact on the business operations and it is equally important to consider these forces under control. In general, the environment

Introduction There’s more to demographics than just knowing the age and gender of your target market. In order to create an effective marketing strategy, you need to understand all the different demographic groups and their associated factors. This can include things like income, occupation, education level, and lifestyle. In this blog post, we’ll discuss everything

Who are the competitors in business?  A competitor in business or a competitor in marketing is someone who competes against you in the market to take a portion of your market share. They are also called rivals as they also sell their products at similar prices through similar channels of distribution. Competitors in business are

The common terminologies of business come under the category of accounting terminology, as stated by business leaders. Usually, these are the business terms that influence the functioning of any company. For the smooth functioning of business in your organization, as a leader, you should be well aware of these topics and the impact they hold