MGT202 MIDTERM PAST PAPERS
Framework Business is a deliberate game plan of different components, which prompts the achievement of specific goal, as indicated by a grounded arrangement. Prologue to Business – MGT 211 VU © Copyright Virtual University of Pakistan 4 Parts AND SCOPE OF BUSINESS BUSINESS “Business” incorporates all human exercises worried about bringing in cash.
In other words, business is a movement wherein different people consistently produce or trade products furthermore, administrations for common increase or benefit.
Parts OF BUSINESS Business bears the accompanying parts: Industry Business Business Industry Commerce INDUSTRY Industry is associated with the creation and planning of labor and products.
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It is a place where natural substance is changed over into got done or semi-completed products, which have the capacity to fulfill human necessities or can be utilized in one more industry as a base material. In different words, industry implies that piece of business movement, which is worried about the extraction, creation and manufacture of items. MGT202 MIDTERM PAST PAPERS
Sorts OF INDSTRY 1. Essential Industry 2. Optional Industry Industry Essential Industry Secondary Industry (a) Extractive (a) Construction (b) Genetic (b) Manufacturing (c) Services Prologue to Business.MGT202 MIDTERM PAST PAPERS
Framework Business is a deliberate game plan of different components, which prompts the achievement of specific goal, as indicated by a grounded arrangement. Prologue to Business – MGT 211 VU © Copyright Virtual University of Pakistan 4 Parts AND SCOPE OF BUSINESS BUSINESS “Business” incorporates all human exercises worried about bringing in cash.
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