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Chapter-1: Nature of Business: Objectives

This document outlines the chapters of a business textbook, including an introduction to the nature of business, different types of business ownership like sole proprietorships and corporations, the functions of business organizations like management and organizational charts, and the external environment of businesses and different international strategies. It provides an overview of the key topics and concepts that will be covered in the textbook.

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0% found this document useful (0 votes)
106 views2 pages

Chapter-1: Nature of Business: Objectives

This document outlines the chapters of a business textbook, including an introduction to the nature of business, different types of business ownership like sole proprietorships and corporations, the functions of business organizations like management and organizational charts, and the external environment of businesses and different international strategies. It provides an overview of the key topics and concepts that will be covered in the textbook.

Uploaded by

akmohideen
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Chapter-1: Nature of Business

Objectives
 Introduction
 Human Occupations
 Definition of Business
 Features of Business:
 Importance of Business
 Business functions
 Scope of Business
 Trade
 Inter-Relationship between Trade, commerce and Industry
 Different types of Economic Systems
 Objectives of Business
 Components of Business
 Reasons for Starting a Business
 Let us sum up

Chapter- 2 TYPES OF BUSINESS OWNERSHIP


 Sole Proprietorship
 Partnerships
 Corporations
 Limited Liability Company
 Difference between SAOC and SAOG
 Understanding Mergers, Acquisitions, and Alliances
 Strategic Alliance
 Joint Venture
 Merger
 Consolidation
 Acquisition
CASE STUDY

Chapter-3: Functions of a Business Organization

 Nature or Characteristics of Organizing


 Organization Chart
 Management
 Levels of Management
 Functions of Management
 Basic Managerial Roles And Skills

Chapter-4: External Environment of the Business Organization

 Business Environment
 Different International Strategies
 Forms of International Business Activity

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