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What is the main aim of a business producing good and services in a market economy?

To make profits


What are the advantages of management development?

The globalization of the world economy and changing international organizational structures specifically require the development of the international manager,thats why Management Development as a major strategic tool, combined with business strategy, will endow an organization with the capability to enhance its collective international competitiveness as well as create an international learning organization.


What is the system of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy is call?

socialism


What is the antonym of socialism?

Socialism:noun: Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy. Antonyms: capitalism, the profit-system, wage labor, business enterprise, private property


What are examples of external business environment?

The external business environment are the things outside of an organization that affect the functionality of the business. Some examples of the external business environment include customers, economy, government and public opinion.


How does the economy affect business?

how does economy affects business


How the business affect the economy?

how does economy affects business


what are contributions of business to the economy?

The contributions of business to an economy are quite significant. The business sector is responsible for driving the economy. Business is very wide and is actually intertwined with the economy.


What are the contributions of business to an economy?

The contributions of business to an economy are quite significant. The business sector is responsible for driving the economy. Business is very wide and is actually intertwined with the economy.


Explain the meaning of entrepreneurship discuss the importance of entrepreneurship to indian economy?

It is the process of starting a business or other organization. Its importance in India is that it boosts the economy since most people have their own businesses.


Explain the meaning of entrepreneurship discuss the importance of entrepreneurship to indian economy-?

It is the process of starting a business or other organization. In India, it helped the economy to grow since most people have businesses of their own.


How monetary policy effects a business organisation?

A monetary policy affects a business organization directly. The economy and output n business is measured through money and lack of proper monetary policies would result in to poor performance.