MGT111 MIDTERM PAST PAPERS
Capital is the soul of each business. It is the most fundamental and significant component of business. In the event of inadequacy, credits can be taken from different monetary organizations.
. Production of Utility Utility is a monetary term alluding to that quality of a specific ware, which can fulfill any human need. Business makes utility, which gives advantage to the whole society as well as the finance managers. 3. Managing in Goods and Services Each business manages deal, buy, creation and trade of labor and products for some thought.
Work Business is a decent wellspring of work for its proprietors as well concerning others, for model, workers, specialists, carriers and so on 5. Islamic Process Business is an Islamic approach to procuring living. Pay from business is known as benefit, which is Rizq-e-Halal.
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The Holy Prophet Muhammad himself did prosperous business. 6. Rationale The rationale of business is to procure benefit. If not it won’t be named as business.7. Association Each business needs an association for its fruitful working. MGT111 MIDTERM PAST PAPERS
An appropriate association is accommodating in the smooth running of business and accomplishing the goals. 8. Creations or Purchase of Goods A money manager bargains underway or acquisition of merchandise. These merchandise are provided . MGT111 MIDTERM PAST PAPERS
Production of Utility Utility is a monetary term alluding to that quality of a specific ware, which can fulfill any human need. Business makes utility, which gives advantage to the whole society as well as the finance managers. 3. Managing in Goods and Services Each business manages deal, buy, creation and trade of labor and products for some thought.
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