CS707 MIDTERM PAST PAPERS BY MOAAZ
Recruiting Employees A money manager should enlist productive and skillful representatives in the business. The legitimate preparation should be given to workers.
Item Pricing A financial specialist should choose the cost of his item. At the outset, the cost should be low. He should keep in view whether he will take care of the expense of his item and different costs with such cost.
Elements OF BUSINESS Following are the fundamental elements of a business: Creation The creation of labor and products is the principal fundamental capacity of the business. The creation should be standard. The labor and products should be delivered in such a manner that can fulfill human requirements.
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The deal is one more significant capacity of the business. Deals are of two sorts: Cash deals Credit deals The deal should be normal and at a sensible cost. It is an undeniably challenging position since there is a hard contest in each market.
Finance It is likewise a significant capacity of the business to get finance. Finance is expected for the foundation and development of business. There are two wellsprings of raising assets:
(a) Owner’s Capital
(b) Borrowed FundsQuality Improvement
The nature of the item should be improved to build the deal. In the event that the nature of the item is poor, the business might experience a misfortune. Inspiration is exceptionally fundamental for expanding the effectiveness of workers.
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