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Introduction to Business Components by FAHAD AHMAD is a document available to read on EtoBox.
What is Introduction to Business Components about?
The document summarizes key concepts from a lecture on business. 1) Any activity to earn profit is called business. 2) There are two main components of business - industry and commerce. Industry involves the conversion of raw materials into finished goods through primary and secondary industries. Commerce involves all activities from manufacturing to selling goods, including trade and institutions that support trading. 3) The main factors of production that help businesses function are labor, capital, entre
- Author
- FAHAD AHMAD
- Language
- EN