Business

Services offered by manufacturers to the retailers The important services offered by manufacturers to the retailers are listed as below: (i) Availability of goods: Retailers…

Services to Consumers Some of the important services of retailers from the point of view of consumers are as follows : (i) Regular availability of…

Services to Manufacturers The major services offered by wholesalers to the producers of goods and services are given as below: (i) Facilitating large scale production:…

Wholesale Trade Wholesaling is concerned with the activities of those persons or establishments which sell to retailers and other merchants, and/or to industrial institutional and…

Basic Factors of Starting a Business Starting a business enterprise is similar to any other human effort in which resources are employed to achieve certain objectives.…

Causes of Business Risks Business risks arise due to a variety of causes, which are classified as follows: (i) Natural causes: Human beings have little…

Small Business A small business is a privately owned and operated business. A small business usually has a small number of employees. These are either…

Business Risks The term ‘business risks’ refers to the possibility of inadequate profits or even losses due to uncertainties or unexpected events. Business risk is…

Taking capital invested as the basis the small business units fall under any of the following categories: (i) Small scale industry: A small scale industrial…

Nature of business risks can be understood in terms of their peculiar characteristics: (i) Business risks arise due to uncertainties: Uncertainty refers to the lack…