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This problem will be easily solved if you can see the business in the light of the ENTITY concept. This concepts says that every business is treated as an entity on its own and must be separated from its owner. So the business is a person.
The "person's brain" is the part does all the thinking and control. The labour part is played by the hands. Every ACTION is taken by it. Note action not decision. The latter is the sole of the brain. Land is the playing field where the person exists. this include the food, the air, the environment as a whole and so on.
Capital is the life by which the body operates. A business without finance is like a body in comma. No matter how great the environment is, the entity is considered dead. it is the blood that keeps men alive. drain the blood and watch life end for even the strongest and most privileged human that exists.
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What are the importance of business finance?
What is objective of business finance? Why finance is important for a business? purchase of asset income daily expenses taxation
Where can one apply for a business finance loan?
You can apply for a business finance loan from most commercial banks that provide this kind of product. Some micro finance companies also provide business finance loans.
Sources of finance for small scale business in nigeria?
sources of finance to small scale business
How does finance affect society?
Finance Does Affect Society In Various Ways As It Is The Very Lifeblood Of Any Organization Or Household,Without The Source Of Finance It Might Be Almost Impossible To Operate So Finance Is Needed And It Is One Departnment That Can Never Be Ignored...Purchasing Of Needs&Wants,Maintenance,Salaries,Capital,Water & Electricity Bill For Example All Require Some Sort Of Finance...(SirSebastian)
How finance stimulates and restraints business activities?
finance is force that both stimulates and restraints business action?
Why is communication the lifeblood of a business organization?
Is communication the lifeblood of a business organization?
Business communication is often termed as the lifeblood of business concern justify this statement with an example?
Business communication is often termed as the lifeblood of business concern justify this statement with an example?
Why Finance is the life blood of business?
Finance has been called the life blood of business because it deals with the money and its requires funds for its day to day activities. Finance is considered the lifeblood of business because it carries 'oxygen' to all the interconnected systems - from the biggest down to the smallest financial system - and thus in the absence of it, this system will suffocate until it can no longer hold the chain. Furthermore, finance is the most liquid resources and thus it is called so.
What are the importance of business finance?
What is objective of business finance? Why finance is important for a business? purchase of asset income daily expenses taxation
Guarantee in terms of business finance?
Guarantee in terms of business finance
Is business study the same as business fiance?
HI!no, business studies is not the same as business finance. although business finance is included in a business studies course; finance obviously plays a big part in a business.:)
What is the population of ASC Finance for Business?
The population of ASC Finance for Business is 2,011.
What is ASC Finance for Business's population?
The population of ASC Finance for Business is 30.
Why finance is the life blood of industry?
Finance is the lifeblood and nerve center of a business, just as circulation of bloodis essential in the human body for maintaining life; finance is a very essential to smooth running of the business. It has been rightly termed as universal lubricant that keeps the enterprise dynamic. No business, whether big, medium or small can be started without an adequate amount of finance. Right from the very beginning, i.e. conceiving an idea to business, finance is needed to promote or establish the business, acquire fixed assets, make investigations such as market surveys, etc., develop product, keep men and machine at work, encourages management to make progress and create values. Even an existing concern may require further finance for making improvement or expanding the business. Thus the importance of finance cannot be over-emphasized and the subject of business finance has become utmost important both to the academicians and practicing managers. The academicians find interested in the subject because the subject is still in its developing stage and the practicing managers are interested in the subject because among the most crucial decisions of a firm
What does life-blood mean?
it means An indispensable or vital part for example Capable workers are the lifeblood of the business
Explain briefly the type of business finance?
The type of the business finance basically fund a given type of business.The type of business finance will depend with the size and the type of the business in question.
How do you write conclusion in business project on source of finance for class 11?
business finance
