Market research is the systematic gathering and interpretation of information about individuals or organisations using statistical and analytical methods and techniques of the applied social sciences to gain insight or support decision making. There are two types of market research; ...
Billion Essays Latest Articles
Communication: Effective communication and barriers.
anusheCommunication can be defined as the process by which a message is exchanged from a sender to a receiver. It can be either internal or external. Internal communication is the one one done within the business, and external is the ...
Try Your Favorite Activity
mudassir87We all have favorite activities that we enjoy,we should keep trying our favorite activity.It refreshes our mind and releases work stress.It helps you to maintain your mental health.we all do different kinds of activities in our spare time.Some of us ...
Girls Schools Gaining Popularity
mudassir87All girls schools have been gaining popularity in recent years because of the believe that girls learn better when they are not competing with or intimidated by boys,who statistically get more attention in the classroom.I believe when opposite sexes study ...
Volunteer Time for NGOs
mudassir87Humanity means to give hands to others while they are in need,to feel their pain and help them out.A true human is one who is a source of happiness for others.When you help someone you feel happiness and satisfaction.So everyone ...
Giving Monthly Allowance to children
mudassir87I strengthen the argue that parents should give weekly or monthly allowance to their children so that they can fulfill their needs.By receiving allowance they would learn how to spend their money and how to manage their needs within their ...
Human cloning
mudassir87Human cloning is a repugnant idea.This is against the nature.Every one in this world is special and if there would be a copy of him he will no more be special.I strongly believe that humans should not create humans.That is ...
Up Bringing of Orphans
mudassir87Up bringing of orphans is a very noble cause.Many of them deprive of shelter,food,education and other basic necessities.When they saw other children of their age enjoying every facility and love and care from their parents they feel themselves very pity ...
Importance of Field Trips for Students
mudassir87Field trips are also a part of academic activities,some people think that it is just a trip for the enjoyment and fun of students but actually students get many information from these kinds of expeditions.These tips improve the the professional ...
Advantages and Disadvantages of Multinationals
anusheMultinationals are the businesses or companies that operate in several countries. A multinational has more access to costumers and deal with the international market of goods and services. Multinationals have a wider scope of growth as it helps manage the ...
Joint Ventures and Franchises.
anusheJoint ventures and franchising is a widely spread form of businesses. A franchise is a business based on the use of brand names, promotional logos and trading methods of an existing successful business. In franchising, the franchisee buys the licence ...
Experiments on animals
mudassir87Medical researchers,cosmetic companies and others often perform experiments on animals.Many people do feel that experimentation on animals is wrong and should be stopped immediately because animals do feel pain.In all over the world animal right activists are working hard to ...
Private Sector Businesses
anusheThere are five different types of private sector businesses; sole traders, partnerships, private limited companies, public limited companies, co-operatives. Sole trader is a business owned by one private person. It is the most common business enterprise. Partnership is a group ...
To what extent is the nuclear family still the most dominant type of family, in the modern industrial families?
anusheThe nuclear family system is a widely spread form of family, as it consists of two hetro-sexual partners and their biological. In many societies it is commonly experienced, yet other family types are growing in the society as well. Most ...
Increased Competition and it’s impact.
anusheWith continuous growth of private business sector, competition in business is increasing rapidly as well. Businesses aim to have increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, distribution, and promotion Competition ...
Elderly drivers require new testing
mudassir87According to some people,elderly drivers should be required to reapply for their driver licences because with age comes diminished vision,hearing and reaction time.Driving is a job in which every single part of body is involved.Your mind should focus on road ...
E-Commerce: Benefits and Drawbacks.
anusheE-Commerce is a digital market where goods and services are sold. It has many benefits and drawbacks too. It is an easier and convenient way, and people use it to save time and energy. People can also compare prices, instantly, ...
Tv violence effect on society
mudassir87yes I agree that TV violence has a negetive effect on society because it promotes violence.TV impacts on minds are so strong that if a person spend one hour in front of TV he will think in the same way ...
Interest Rate
anusheInterest rate is the cost of borrowing. Interest rate usually set on loans by banks. Interest rate is determined the rate of demand and supply, rate of inflation and decisions of the government.If there is an increase in the demand ...
Private and Public Sectors of a Business
anusheA business is divided in two sectors, private sector and public sector. Private sector is the ones that is owned and run by private people and government doesn’t interfere in it. Organisations in this sector are profit intensive. Public sector ...
Stakeholders in a Business
anusheStakeholders are the individuals that are affected by business activity and are interested in it. A business has internal and external stakeholders. Internal stakeholders are the people or groups who work directly in a business, e.g employees, owners and investors ...
Objectives of a Business and their importance.
anusheBusiness objectives are the set aims and goals of a business. A business is always set up in order to gain profit. If a business is successful in gaining profit, it is considered a successful one. Productivity is also a ...
Features Of a Capitalist Economy
anusheA capitalist economy can be defined as one in which the economy is in hands of private individuals or corporations. This system is based on self-interest and profit motifs. In a capitalist economy people have the access to private ownership ...
The Break-even Chart
yaebizA break-even chart is a line graph used in break-even analysis to estimate when the total sales revenue will be equal to the total costs, or the point where loss will end and profit will begin to accumulate. Usually, the ...
The 4P’s of Marketing
yaebizThe marketing mix is a business tool used in marketing and by marketers. The marketing mix is often crucial when determining a product or brand’s offer, and is often associated with the four Ps: ▪️ Price: What the price of ...
Equilibrium Price, Equilibrium in the Market
yaebizThe equilibrium price is where the supply of goods matches demand or the price at which the quantity of a product offered is equal to the quantity of the product in demand. Equilibrium is the state in which market supply ...
Methods of measuring a business
yaebizFollowing are the methods of measuring a business: ▪️ Amount of sales turnover ▪️ Amount of profit ▪️ Capital employed ▪️ Stock market valuation ▪️ Number of employees ▪️ Number of shops/offices These methods however are not always completely accurate ...
E-Commerce
yaebizE-commerce (electronic commerce) is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. E-commerce allows consumers to ...
Entrepreneurs
yaebizEntrepreneurs occupy a central position in a market economy. Entrepreneurs seek disequilibrium, a gap between the wants and needs of customers and the products and services that are currently available. The entrepreneur then brings together the factors of production necessary ...
Joint Ventures
yaebizA business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In a joint venture each of ...
Franchise Businesses
yaebizA franchise is a business system in which private entrepreneurs purchase the rights to open and run a location of a larger company. The franchising company, or franchiser, signs a contractual agreement with the franchisee, explaining in detail the company’s ...
Limited Companies
yaebizA limited company is an organisation that someone can set up to run their business, it’s responsible in its own right for everything it does and its finances are separate to the owners’ personal finances. Any profit it makes is ...
Business Partnerships
yaebizA partnership is a single business where two or more people share ownership. Each partner contributes to all aspects of the business, including money, property, labor or skill. In return, each partner shares in the profits and losses of the ...
Sole Trader
yaebizA sole trader is the simplest form of business structure and is relatively easy and inexpensive to set up. A sole trader is legally responsible for all aspects of the business. They make all the decisions about starting and running ...
Nuclear Family Units and why they are dominant.
yaebizThe nuclear family has been described to be a family in which there are two parents in a heterosexual relationship with their biological children. Some sociological perspectives view the nuclear family as the dominant type of family unit, even with ...
Problems with Business Growth.
anusheMajorly, the purpose of a business is to gain profit, hence expansion is inevitable. However, while expanding a business might face many problems. Usually, businesses try to expand as quickly as possible, and face diseconomies of Scale, which are the ...
Ways to Grow a Business
anusheThe growth of a business is either internal or external. Internal growth occurs when a business expands its existing operations, however external growth is when a business takes over or merges with another business. An example of internal growth would ...
Methods of Measuring Size
anusheCommonly,the size of a business is measured by the number of employees hired, value of output, value of sales and value of capital used for production. A growing business always experiences a major changes in all these sectors. Once a ...
Sectors Of Business Activity.
anusheA business is divided between three sectors; primary, secondary and tertiary. Each sector deals with a section of a business. The primary sector is smallest one, dealing with the extraction of natural resources, e.g mining. However, the secondary sector deals ...
Needs, Wants and Scarcity.
anusheThe concept of needs, wants and scarcity is the basis of Business Activity. Their is a slight difference between needs and wants. Needs are essential things one needs to survive, yet wants are the things that people believe they need ...
Women are always better parents than men, How far you agree with this? Give your opinion in not than 250 words.
bilal276In the era which the equitability between men and women plays a fundamental part in our daily life, it is believed that men are as good as women in educating and taking care of children. However, in my opinion, women ...
Needs, Wants, Scarcity
yaebizAs you probably know, we all have needs and wants. Needs are things we require to live, like water. I’m sure you can live without a Rolex for as long as you live but you can’t live without water for ...
Value Added Concept
yaebizWhen something is manufactured, a sum of money is spent on it, usually for the raw materials. That is the production cost. The enhancements a company adds to it’s products before offering it to the final consumer adds value to ...
Value Added Concept
anusheIn the business world, the value added concept explains a basic feature of a business.This concept explains that a primary product can be sold for a higher price after some advancements are made to it. For example, if you buy ...
Purpose Of Business Activity
anusheIn our daily lives, business activity holds immense importance, as it is the process of providing goods and services to people. In a manner, our lives are based on business activities.In a business activity, both private and public enterprises are ...
The Purpose Of Business Activity
yaebizBasically, as humans we all have needs and wants. Needs are the things we can’t live without while desires are things we can live without. We as humans have unlimited wants. Business activity exists to satisfy these needs and wants.
single gender schools vs co education
sanakhanConfidence plays a very important role in determining our personalities , it builds on our form of speech and the way we represent ourselves in public. Interacting with the opposite gender helps us develop that confidence. We grow , we ...
human cloning
sanakhanSome things are best left natural and classic, when we start messing around with things too much and adding finicky details, we start to lose contact with originality. The natural way to create human beings is the way that has ...
principal cancelling trips
sanakhanField trips pay an extremely important role in developing student’s confidence and creativity. Field trips allow new kids to create bonds and to form new friendships. We learn new things during the excursion; we open up and think more creatively. ...