Introduction to Business

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…

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…

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 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 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 Domestic business Nationality of buyers and sellers: People or organizations from one nation participate in domestic business transactions.…

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…

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