Business Studies

Business Studies

ETHICS IN SOURCING CHEMICALS

WHAT IS ETHICS IN SOURCING CHEMICALS? CHEMICALS Chemicals are essential components of our daily life. They are substance which are used for certain processes or tasks performed in the laboratory, workshop, home, industry and other place where work is done. Chemicals are very useful, but many of them are dangerous and can cause serious bodily

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Business Studies

FORMS OF BUSINESS ORGANISATION

FORMS OF BUSINESS ORGANISATION What is business? Business is defined as all forms of activities that people engage in to satisfy their needs of people and sometimes also make profit. Business organisation is a commercial or industrial enterprise and the people who constitute the business.   Types of business organisation Different types of business organisation

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Business Studies

HONESTY IN BUSINESS

Truthfulness means being honest in what we say or do without lying or distorting the truth. It is the quality of being honest, consistent and straight forward in speech and action. A truthful person is an honest person. He or she does not lie, cheat or steal.   Attribute of Truthfulness The attributes or characteristics

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Business Studies

INTRODUCTION TO COMMERCE

Commerce is an important branch of business which involves buying and selling. Commerce can be defined as the large scale of buying and selling of goods and services.  Commerce is another term for describing trading of goods and services. It looks after the distribution aspect of a business. Transportation plays a very important role in

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Business Studies

OCCUPATION

OCCUPATION Occupation can be defined in different ways. For instance. Occupation can be defined as any economic activity in which a person is fully engage in order to earn a living. Whenever man does in order to earn a living. Occupation can be defined as a profession or anything that occupied one’s time in order

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Business Studies

DEPARTMENTS IN AN ORGANISATION

DEPARTMENTS IN AN ORGANISATION Personnel department This department is also refers to as human resources or human capital department. It is responsible for staff related matters. It is headed by a personnel manager or human resource manager or human capital Functions/responsibilities Promotion of staff welfare Promotion and discipline of staff Recruitment and training of staff

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