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basic concepts of business: Essential Concepts of Business for Lawyers Robert J. Rhee, 2020-02-02 Most law students have never had formal coursework in accounting or finance, yet these areas are integral to so many law school courses including: Business Associations, Securities Regulations, Corporate Finance, Taxation, Banking Law, Financial Regulation, and Business Planning. With math no more difficult than high school algebra, Essential Concepts of Business for Lawyers, Third Editionfills in those gaps with an accessible and interactive presentation of accounting, finance, and financial markets. Each stand-alone chapter provides a complete lesson that will shed light on business courses in law school, as well as business situations in legal practice. New to the Third Edition: Updates for and addition of new cases that illustrate the business concepts Addition of more examples, including information related to more companies such as Googleand Uber Addition of new materials on the basic microeconomic concept of supply and demand Professors and students will benefit from: A self-contained course book that supports a 2-credit course on an overview of business concepts, including accounting, finance, valuation, financial instruments, and business strategy Lessons that go beyond the definitions of terms of art and business terminology A book written at an accessible level Edited appellate cases that connect business concepts to the law and legal practice Knowledge of the basic and most essential concepts of business Materials presented in an accessible way including the use of many examples to illustrate difficult concepts Clear explanations of difficult materials and foreign concepts |
basic concepts of business: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
basic concepts of business: Service Business Development Thomas Fischer, Heiko Gebauer, Elgar Fleisch, 2012-05-24 Over the last decade, capital goods manufacturers have added services to products as a way of responding to eroding margins and the loss of strategic differentiation. Based on over twelve years of research, this book provides a thorough overview of the strategies available for value creation through service business development. |
basic concepts of business: Key Concepts in Business Practice Jonathan Sutherland, 2017-03-14 Key Concepts in Business Practice is one of a range of comprehensive glossaries with entries arranged alphabetically for easy reference. All major concepts, terms, theories and theorists are incorporated and cross-referenced. Additional reading and Internet research opportunities are identified. More complex terminology is made clearer with numerous diagrams and illustrations. With over 500 key terms defined, the book represents a comprehensive must-have reference for anyone studying a business-related course or those simply wishing to understand what business practice is all about. It will be especially useful as a revision aid. |
basic concepts of business: The Personal MBA Josh Kaufman, 2010-12-30 Master the fundamentals, hone your business instincts, and save a fortune in tuition. The consensus is clear: MBA programs are a waste of time and money. Even the elite schools offer outdated assembly-line educations about profit-and-loss statements and PowerPoint presentations. After two years poring over sanitized case studies, students are shuffled off into middle management to find out how business really works. Josh Kaufman has made a business out of distilling the core principles of business and delivering them quickly and concisely to people at all stages of their careers. His blog has introduced hundreds of thousands of readers to the best business books and most powerful business concepts of all time. In The Personal MBA, he shares the essentials of sales, marketing, negotiation, strategy, and much more. True leaders aren't made by business schools-they make themselves, seeking out the knowledge, skills, and experiences they need to succeed. Read this book and in one week you will learn the principles it takes most people a lifetime to master. |
basic concepts of business: The Star Principle Richard Koch, 2010-03-04 Richard Koch has made over £100 million from spotting 'Star' businesses. In his new book, he shares the secrets of his success - and shows how you too can identify and enrich yourself from 'Stars'. Star businesses are ventures operating in a high-growth sector - and are the leaders in their niche of the market. Stars are rare. But with the help of this book and a little patience, you can find one, or create one yourself. THE STAR PRINCIPLE is a vital book for any budding entrepreneur or investor (of grand or modest means). It is also invaluable for any ambitious employee who realises the benefits of working for a Star venture - real responsibility, fast personal development, better pay, great bonuses and valuable share options. Whoever your are, identifying and investing in Stars will make your life much sweeter and richer in every way. |
basic concepts of business: Basic Concepts Business Administration Dennis A. Holt, 1987 |
basic concepts of business: Simplify Richard Koch, Greg Lockwood, 2016-04-07 For the past forty years, Richard Koch has worked to uncover simple and elegant principles which govern business success. To qualify, a principle must be so overwhelmingly powerful that anyone can reliably apply it to generate extraordinary results. Working with venture capitalist Greg Lockwood and supported by specially commissioned research from OC&C Strategy Consultants, Koch has now found one elemental principle that unites extraordinarily valuable companies: simplifying. Some firms simplify on price - consider budget flights stripped of all extras that still take you from A to B - creating new, huge mass markets for their wares. Others, such as Apple, simplify their proposition, bringing a beautifully easy-to-use product or service to a large premium market. How can your business become a simplifier? With case studies of some of the most famous firms of the last hundred years, from finance to fast food, this enlightening book shows how to analyse any company's potential to simplify, and enrich the world. |
basic concepts of business: Global Business: Concepts, Methodologies, Tools and Applications Management Association, Information Resources, 2011-05-31 This multi-volume reference examines critical issues and emerging trends in global business, with topics ranging from managing new information technology in global business operations to ethics and communication strategies--Provided by publisher. |
basic concepts of business: Business: The Key Concepts Mark Vernon, 2003-09-02 Here is a practical guide to the essentials of business. This book provides everything you need to know about the key concepts and terms, from accountability to zero-sum game. Everything from management, economics and finance to marketing, organizational behaviour and operations is covered in just the right amount of detail to make things clear and intelligible. Business: The Key Concepts: * is detailed yet approachable * considers new developments in business, notably eBusiness and contemporary business ethics * covers established subjects, taking an international and strategic perspective that balances theory and practice * suggests specific further reading for many concepts and also includes an extensive bibliography. Whether you're already in business and could do with a handy reference guide, or you're a student needing an introduction to the fundamentals, Business: The Key Concepts is the perfect companion. |
basic concepts of business: Fundamentals of Business (black and White) Stephen J. Skripak, 2016-07-29 (Black & White version) Fundamentals of Business was created for Virginia Tech's MGT 1104 Foundations of Business through a collaboration between the Pamplin College of Business and Virginia Tech Libraries. This book is freely available at: http://hdl.handle.net/10919/70961 It is licensed with a Creative Commons-NonCommercial ShareAlike 3.0 license. |
basic concepts of business: Business Rule Concepts Ronald G. Ross, 2009 Is your current approach really working?. Are you sure you are addressing the right problems in the right ways?. Take a few hours to read about the most fundamental innovation in business operations and business computing in decades. It is not just about IT any more!. Decisioning, Requirements, Governance, Knowledge. Radical in its simplicity, this concise, easy-to-read handbook presents a groundbreaking, common-sense approach to solving today's operational business problems. Find out why current IT methods have broken down and no longer scale. Written by the father of business rules, here are proven answers. Get your company on the road to true agility!. New this Edition : Decisioning, Capturing best practices, Enterprise design, Really smart systems, Building business vocabularies, Structured verbalization for business communication, Applied semantics and concept analysis, Re-engineering governance. Introducing: General Rulebook Systems (GRBS), Plus all you need to know about: Business rules, Forms of business guidance, Fact models, Applying SBVR, Innovations in compliance, More effective process models, Pragmatic knowledge retention, Rule management. |
basic concepts of business: How to Write a Great Business Plan William A. Sahlman, 2008-03-01 Judging by all the hoopla surrounding business plans, you'd think the only things standing between would-be entrepreneurs and spectacular success are glossy five-color charts, bundles of meticulous-looking spreadsheets, and decades of month-by-month financial projections. Yet nothing could be further from the truth. In fact, often the more elaborately crafted a business plan, the more likely the venture is to flop. Why? Most plans waste too much ink on numbers and devote too little to information that really matters to investors. The result? Investors discount them. In How to Write a Great Business Plan, William A. Sahlman shows how to avoid this all-too-common mistake by ensuring that your plan assesses the factors critical to every new venture: The people—the individuals launching and leading the venture and outside parties providing key services or important resources The opportunity—what the business will sell and to whom, and whether the venture can grow and how fast The context—the regulatory environment, interest rates, demographic trends, and other forces shaping the venture's fate Risk and reward—what can go wrong and right, and how the entrepreneurial team will respond Timely in this age of innovation, How to Write a Great Business Plan helps you give your new venture the best possible chances for success. |
basic concepts of business: Sustainable Business: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2019-08-02 In the increasingly competitive corporate sector, businesses must examine their current practices to ensure business success. By examining their social, financial, and environmental risks, obligations, and opportunities, businesses can re-design their operations more effectively to ensure prosperity. Sustainable Business: Concepts, Methodologies, Tools, and Applications is a vital reference source that explores the best practices that promote business sustainability, including examining how economic, social, and environmental aspects are related to each other in the company’s management and performance. Highlighting a range of topics such as lean manufacturing, sustainable business model innovation, and ethical consumerism, this multi-volume book is ideally designed for entrepreneurs, business executives, business professionals, managers, and academics seeking current research on sustainable business practices. |
basic concepts of business: Business Model Generation Alexander Osterwalder, Yves Pigneur, 2013-02-01 Business Model Generation is a handbook for visionaries, game changers, and challengers striving to defy outmoded business models and design tomorrow's enterprises. If your organization needs to adapt to harsh new realities, but you don't yet have a strategy that will get you out in front of your competitors, you need Business Model Generation. Co-created by 470 Business Model Canvas practitioners from 45 countries, the book features a beautiful, highly visual, 4-color design that takes powerful strategic ideas and tools, and makes them easy to implement in your organization. It explains the most common Business Model patterns, based on concepts from leading business thinkers, and helps you reinterpret them for your own context. You will learn how to systematically understand, design, and implement a game-changing business model--or analyze and renovate an old one. Along the way, you'll understand at a much deeper level your customers, distribution channels, partners, revenue streams, costs, and your core value proposition. Business Model Generation features practical innovation techniques used today by leading consultants and companies worldwide, including 3M, Ericsson, Capgemini, Deloitte, and others. Designed for doers, it is for those ready to abandon outmoded thinking and embrace new models of value creation: for executives, consultants, entrepreneurs, and leaders of all organizations. If you're ready to change the rules, you belong to the business model generation! |
basic concepts of business: The Theory of the Business (Harvard Business Review Classics) Peter F. Drucker, 2017-04-18 Peter F. Drucker argues that what underlies the current malaise of so many large and successful organizations worldwide is that their theory of the business no longer works. The story is a familiar one: a company that was a superstar only yesterday finds itself stagnating and frustrated, in trouble and, often, in a seemingly unmanageable crisis. The root cause of nearly every one of these crises is not that things are being done poorly. It is not even that the wrong things are being done. Indeed, in most cases, the right things are being done—but fruitlessly. What accounts for this apparent paradox? The assumptions on which the organization has been built and is being run no longer fit reality. These are the assumptions that shape any organization's behavior, dictate its decisions about what to do and what not to do, and define what an organization considers meaningful results. These assumptions are what Drucker calls a company's theory of the business. The Harvard Business Review Classics series offers you the opportunity to make seminal Harvard Business Review articles a part of your permanent management library. Each highly readable volume contains a groundbreaking idea that continues to shape best practices and inspire countless managers around the world—and will have a direct impact on you today and for years to come. |
basic concepts of business: Small Business Management in the 21st Century David T. Cadden, Sandra L. Leuder, Flat World Knowledge (Firm), Saylor Foundation, 201? |
basic concepts of business: Fit for Growth Vinay Couto, John Plansky, Deniz Caglar, 2017-01-10 A practical approach to business transformation Fit for Growth* is a unique approach to business transformation that explicitly connects growth strategy with cost management and organization restructuring. Drawing on 70-plus years of strategy consulting experience and in-depth research, the experts at PwC’s Strategy& lay out a winning framework that helps CEOs and senior executives transform their organizations for sustainable, profitable growth. This approach gives structure to strategy while promoting lasting change. Examples from Strategy&’s hundreds of clients illustrate successful transformation on the ground, and illuminate how senior and middle managers are able to take ownership and even thrive during difficult periods of transition. Throughout the Fit for Growth process, the focus is on maintaining consistent high-value performance while enabling fundamental change. Strategy& has helped major clients around the globe achieve significant and sustained results with its research-backed approach to restructuring and cost reduction. This book provides practical guidance for leveraging that expertise to make the choices that allow companies to: Achieve growth while reducing costs Manage transformation and transition productively Create lasting competitive advantage Deliver reliable, high-value performance Sustainable success is founded on efficiency and high performance. Companies are always looking to do more with less, but their efforts often work against them in the long run. Total business transformation requires total buy-in, and it entails a series of decisions that must not be made lightly. The Fit for Growth approach provides a clear strategy and practical framework for growth-oriented change, with expert guidance on getting it right. *Fit for Growth is a registered service mark of PwC Strategy& Inc. in the United States |
basic concepts of business: Business Process Change Paul Harmon, 2014-04-26 Business Process Change, 3rd Edition provides a balanced view of the field of business process change. Bestselling author Paul Harmon offers concepts, methods, cases for all aspects and phases of successful business process improvement. Updated and added for this edition is new material on the development of business models and business process architecture development, on integrating decision management models and business rules, on service processes and on dynamic case management, and on integrating various approaches in a broad business process management approach. New to this edition: - How to develop business models and business process architecture - How to integrate decision management models and business rules - New material on service processes and on dynamic case management - Learn to integrate various approaches in a broad business process management approach - Extensive revision and update addresses Business Process Management Systems, and the integration of process redesign and Six Sigma - Learn how all the different process elements fit together in this best first book on business process, now completely updated - Tailor the presented methodology, which is based on best practices, to your organization's specific needs - Understand the human aspects of process redesign - Benefit from all new detailed case studies showing how these methods are implemented |
basic concepts of business: Business Structures in a Nutshell Joseph Shade, David G. Epstein, 2003 |
basic concepts of business: Exploring Business Karen Collins, 2009 |
basic concepts of business: Why Business Models Matter Joan Magretta, Harvard Business School, 2002 |
basic concepts of business: Writing about Business Terri Thompson, 2001 Mutilated, dying, or dead, black men play a role in the psychic life of culture. From national dreams to media fantasies, there is a persistent imagining of what black men must be. This book explores the legacy of that role, particularly its violent effect on how black men have learned to see themselves and one another. David Marriott draws upon popular culture, ranging from lynching photographs to current Hollywood film, as well as the ideas of key thinkers, including Frantz Fanon, Richard Wright, James Baldwin, and John Edgar Wideman, to reveal a vicious pantomime of unvarying reification and compulsive fascination, of whites looking at themselves through images of black desolation, and of blacks dispossessed by that process. |
basic concepts of business: Platform Business Models R. Srinivasan, 2021-06-13 This book introduces platform firms as unique business models. Leveraging on the early literature on network economics and strategy frameworks, this book explores how platform business firms evolve in the modern business world. Taking a strategic perspective, this book engages the reader with core concepts, case studies, and frameworks for analyzing platform business firms. This book differentiates platform business firms from traditional pipeline firms; explores engagement with different actors, value creation, and operations of platforms; elucidates resources and capabilities of platform firms that provide them sustained competitive advantage; analyzes performance levers in operating platform business models, including complementarities with other business models; and discusses the sustainability of platform business models, in the face of regulatory and societal challenges, among others. The book is designed as a primer for entrepreneurs setting up and operating platform business firms, senior managers in large corporations repurposing their resources to initiate network dynamics in their businesses, early career managers, and professionals engaging with myriad platform firms for their professional and personal needs. This book intends to provide a decision-maker with a portfolio of decisions to make to create, operate, sustain, and generate value out of a platform business firm. It is also useful for policy professionals to appreciate the economics and policy implications of regulating and governing platforms in a post-digital world. |
basic concepts of business: Business Law and Ethics: Concepts, Methodologies, Tools, and Applications Management Association, Information Resources, 2015-03-31 In modern business environments, ethical behavior plays a crucial role in success. Managers and business leaders must pay close attention to the ethics of their policies and behaviors to avoid a reputation-crushing scandal. Business Law and Ethics: Concepts, Methodologies, Tools, and Applications explores best practices business leaders need to navigate the complex landscape of legal and ethical issues on a day-to-day basis. Utilizing both current research and established conventions, this multi-volume reference is a valuable tool for business leaders, managers, students, and professionals in a globalized marketplace. |
basic concepts of business: Key Concepts in Marketing Jim Blythe, 2009-02-16 `If you want a clear, well written and authoritative introduction to the ideas and concepts that underpin the marketing discipline, this is the book for you′ - Emeritus Professor Michael J Baker `Each section draws the reader in to the story - the what and why of marketing, and also deals well with how. While it is educational and informing it is also a jolly good read′ - Heather Skinner, Principal Lecturer, Glamorgan Business School The perfect quick reference text for your marketing course, Key Concepts in Marketing introduces and examines the key issues, methods, models and debates that define the field of marketing today. Over 50 essential concepts are covered, including the marketing mix, branding, consumerism, marketing communication and corporate image. Each entries features: - Useful definition box - Summary of the concept - A broader discussion - Examples and illustrations - Key literature references This extremely readable and accessible format provides the reader a wealth of information at their fingertips, and provides a valuable reference to any student of marketing. The SAGE Key Concepts series provides students with accessible and authoritative knowledge of the essential topics in a variety of disciplines. Cross-referenced throughout, the format encourages critical evaluation through understanding. Written by experienced and respected academics, the books are indispensable study aids and guides to comprehension. |
basic concepts of business: The InfoSec Handbook Umesha Nayak, Umesh Hodeghatta Rao, 2014-09-17 The InfoSec Handbook offers the reader an organized layout of information that is easily read and understood. Allowing beginners to enter the field and understand the key concepts and ideas, while still keeping the experienced readers updated on topics and concepts. It is intended mainly for beginners to the field of information security, written in a way that makes it easy for them to understand the detailed content of the book. The book offers a practical and simple view of the security practices while still offering somewhat technical and detailed information relating to security. It helps the reader build a strong foundation of information, allowing them to move forward from the book with a larger knowledge base. Security is a constantly growing concern that everyone must deal with. Whether it’s an average computer user or a highly skilled computer user, they are always confronted with different security risks. These risks range in danger and should always be dealt with accordingly. Unfortunately, not everyone is aware of the dangers or how to prevent them and this is where most of the issues arise in information technology (IT). When computer users do not take security into account many issues can arise from that like system compromises or loss of data and information. This is an obvious issue that is present with all computer users. This book is intended to educate the average and experienced user of what kinds of different security practices and standards exist. It will also cover how to manage security software and updates in order to be as protected as possible from all of the threats that they face. |
basic concepts of business: Key Concepts in Organization Theory Ann L Cunliffe, John T Luhman, 2012-08-16 From agency theory to power and politics, this indispensable guide to the key concepts of organization theory is your compass as you navigate through the often complex and abstract theories about the design and functioning of organizations. Designed to complement and elucidate your textbook or reading list, as well as introduce you to concepts that some courses neglect, this historical and interdisciplinary account of the field: - Helps you understand the basics of organization theory - Allows you to check your understanding of specific concepts - Fills in any gaps left by your course reading, and - Is a powerful revision tool Each entry is consistently structured, providing a definition of the concept and why it′s important to theory and practice, followed by a summary of current debates and a list of further reading. This companion will provide you with the nuts and bolts of an understanding that will serve you not just in your organization studies course, but throughout your degree and beyond. Key concepts include: agency theory; business strategy; corporate governance; decision making; environmental uncertainty; globalization; industrial democracy; organizational change; stakeholder theory; storytelling and narrative research; technology and organization structure. |
basic concepts of business: Business Basics for Kids , 2021-08-09 Our Business Basics for Kids book series breaks down basic business concepts that kids can easily understand through simple visual illustrations. We use simple Lemonade stand business throughout the series to walk through the fundamentals of starting, running, and scaling a business. We hope our efforts will help spark enough interest and curiosity in children that someday they will endeavor into one of their exciting business adventures. In this illustrations, we will break down the concept of profit and loss in a business. |
basic concepts of business: Why Startups Fail Tom Eisenmann, 2021-03-30 If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success. |
basic concepts of business: PreMBA Analytical Primer Regina Trevino, 2008-10-13 This book is a review of the analytical methods required in most of the quantitative courses taught at MBA programs. Students with no technical background, or who have not studied mathematics since college or even earlier, may easily feel overwhelmed by the mathematical formalism that is typical of economics and finance courses. These students will benefit from a concise and focused review of the analytical tools that will become a necessary skill in their MBA classes. The objective of this book is to present the essential quantitative concepts and methods in a self-contained, non-technical, and intuitive way. |
basic concepts of business: Lords of Strategy Walter Kiechel, 2010-03-03 Imagine, if you can, the world of business - without corporate strategy. Remarkably, fifty years ago that's the way it was. Businesses made plans, certainly, but without understanding the underlying dynamics of competition, costs, and customers. It was like trying to design a large-scale engineering project without knowing the laws of physics. But in the 1960s, four mavericks and their posses instigated a profound shift in thinking that turbocharged business as never before, with implications far beyond what even they imagined. In The Lords of Strategy, renowned business journalist and editor Walter Kiechel tells, for the first time, the story of the four men who invented corporate strategy as we know it and set in motion the modern, multibillion-dollar consulting industry: Bruce Henderson, founder of Boston Consulting Group Bill Bain, creator of Bain & Company Fred Gluck, longtime Managing Director of McKinsey & Company Michael Porter, Harvard Business School professor Providing a window into how to think about strategy today, Kiechel tells their story with novelistic flair. At times inspiring, at times nearly terrifying, this book is a revealing account of how these iconoclasts and the organizations they led revolutionized the way we think about business, changed the very soul of the corporation, and transformed the way we work. |
basic concepts of business: The Measurement of Scientific, Technological and Innovation Activities Oslo Manual 2018 Guidelines for Collecting, Reporting and Using Data on Innovation, 4th Edition OECD, Eurostat, 2018-10-22 What is innovation and how should it be measured? Understanding the scale of innovation activities, the characteristics of innovative firms and the internal and systemic factors that can influence innovation is a prerequisite for the pursuit and analysis of policies aimed at fostering innovation. |
basic concepts of business: Mathematics for Commerce: Basic Concepts, Methods Application in Business Mathematics K. Selvakumar, 2014-12-31 This book is specially introduced for Commerce/Economic students which would help to motivate their interest in mathematics. Mathematics plays a vital role in every field and it underpins the world around us. So it is very essential to make it interesting to learn. Some salient features of the books are: 1. The subject matter has been presented in simple way so that the students can study themselves. 2. Very simple language was used so that everyone finds it easy to understand. 3. Solved examples are arranged in sequence of increasing of standard in questions and unsolved with answers for each type of solved examples has been assigned. 4. This book is mainly based on the latest syllabus of Pondicherry University B.Com, B.A (Economics) and BBA, and will also be useful to the various Indian universities which introduced Business Mathematics. 5. Efforts have been made to make the book error free. 6. Criticism, mistakes and suggestions are invited for improvement of the book through author mail Id selva.selvakumar.kumar89@gmail.com |
basic concepts of business: Key Marketing Concepts Mike Meldrum, Malcolm McDonald, 1995 This new book provides over 40 ten-minute 'reads' on most of the key concepts in marketing. Each concept is dealt with in a clear, concise and stand-alone fashion, and the text is designed for those who want a quick but complete overview of marketing. |
basic concepts of business: Business Statistics Wayne W. Daniel, James C. Terrell, 1979-01-01 |
basic concepts of business: Key Concepts in Work Paul Blyton, Jean Jenkins, 2007-10-22 This excellent book will encourage students to think about the diverse range and broad character of issues encountered at work. It highlights both enduring dilemmas and emerging issues in contemporary employment. Each concept is carefully explained with engaging examples provided throughout. As such it will help prime students to understand key issues at work and make a first-rate addition to any social science reading list. - Nicolas Bacon, Nottingham University Business School This authoritative, comprehensive, up-to-date, and user-friendly reference book will be appreciated greatly by all social science staff and students of work. - Stephen Edgell, University of Salford and author of The Sociology of Work The SAGE Key Concepts series provides students with accessible and authoritative knowledge of the essential topics in a variety of disciplines. Cross-referenced throughout, the format encourages critical evaluation through understanding. Written by experienced and respected academics, the books are indispensible study aids and guides to comprehension. Key Concepts in Work: Clearly and concisely explains the central ideas, debates and theories of work. Offers a broad overview of the social, political and economic contexts of work illustrated from diverse industrial societies. Begins each entry with a snapshot definition followed by key words and guidance for further reading. Inspires students to engage in further exploration of ideas and debates. Provides an essential reference guide for all students in sociology, business studies, management learning about work, employment, organizations and labour markets. |
basic concepts of business: Fundamentals of Business Process Management Marlon Dumas, Marcello La Rosa, Jan Mendling, Hajo A. Reijers, 2018-03-23 This textbook covers the entire Business Process Management (BPM) lifecycle, from process identification to process monitoring, covering along the way process modelling, analysis, redesign and automation. Concepts, methods and tools from business management, computer science and industrial engineering are blended into one comprehensive and inter-disciplinary approach. The presentation is illustrated using the BPMN industry standard defined by the Object Management Group and widely endorsed by practitioners and vendors worldwide. In addition to explaining the relevant conceptual background, the book provides dozens of examples, more than 230 exercises – many with solutions – and numerous suggestions for further reading. This second edition includes extended and completely revised chapters on process identification, process discovery, qualitative process analysis, process redesign, process automation and process monitoring. A new chapter on BPM as an enterprise capability has been added, which expands the scope of the book to encompass topics such as the strategic alignment and governance of BPM initiatives. The textbook is the result of many years of combined teaching experience of the authors, both at the undergraduate and graduate levels as well as in the context of professional training. Students and professionals from both business management and computer science will benefit from the step-by-step style of the textbook and its focus on fundamental concepts and proven methods. Lecturers will appreciate the class-tested format and the additional teaching material available on the accompanying website. |
basic concepts of business: Basic Concepts of Data Mining Monelli Ayyavaraiah, 2017-01-01 The field of data mining has seen rapid strides over the past two decades, especially from the perspective of the computer science community. While data analysis has been studied extensively in the conventional field of probability and statistics, data mining is a term coined by the computer science-oriented community. For computer scientists, issues such as scalability, usability, and computational implementation are extremely important. The emergence of data science as a discipline requires the development of a book that goes beyond the traditional focus of books on only the fundamental data mining courses. Recent years have seen the emergence of the job description of “data scientists,” who try to glean knowledge from vast amounts of data. In typical applications, the data types are so heterogeneous and diverse that the fundamental methods discussed for a multidimensional data type may not be effective. Therefore, more emphasis needs to be placed on the different data types and the applications which arise in the context of these different data types. A comprehensive data mining book must explore the different aspects of data mining, starting from the fundamentals, and then explore the complex data types, and their relationships with the fundamental techniques. While fundamental techniques form an excellent basis for the further study of data mining, they do not provide a complete picture of the true complexity of data analysis. This book studies these advanced topics without compromising the presentation of fundamental methods. Therefore, this book may be used for both introductory and advanced data mining courses. Until now, no single book has addressed all these topics in a comprehensive and integrated way. |
basic concepts of business: Business Strategy Essentials You Always Wanted To Know Callie Daum, 2020-02-26 Business Strategy Essentials You Always Wanted To Know prepares new managers and leaders with the building blocks of business strategy. You will learn how to define strategy, different levels of strategy for the business versus departments, and how to plan tactics to implement those strategies. You are given tools to assist you with some of the more challenging aspects of strategy such as environmental scanning, SWOT analysis, and strategy analysis. After you have learned how to execute some of these strategies, you will learn what organization structures fit best with specific strategies. These timeless elements of strategy will provide you the fundamentals with a 21st century point of view. Business Strategy Essentials is part of the Management Essentials series that helps working professionals moving into management roles. The series addresses every aspect of business from HR to finance, marketing, and operations. Each book includes fundamentals, important concepts, and well-known principles, as well as practical applications of the subject matter. |
7 Business Fundamentals for Professionals | HBS Online
Sep 26, 2019 · The basic skills and concepts needed to run an organization are referred to as business fundamentals. By fully comprehending how a business operates, you’ll have a better …
8 Types of Business Concepts | Indeed.com
Apr 10, 2025 · These ideas and solutions become business concepts, which give focus to a business idea and define its practical purpose. Learning about different types of business …
What is Business? Definition, Concept, Types & Challenges
The business concept is a mandatory idea for any type of business. It sets the foundations or directions that shape the future operations of any business. For instance, the business …
Top 20 most used Business Concepts explained
What are the most commonly used business concepts? In the dynamic world of business, understanding key concepts is essential for navigating challenges, making informed decisions, …
What Is a Business? Understanding Different Types and ... - Investopedia
May 15, 2025 · A business is an individual or group engaged in financial transactions. Read about types of businesses, how to start a business, and how to get a business loan.
Fundamentals of Business - 4th Edition - Open Textbook Library
It covers the following topics in business: Teamwork; economics; ethics; entrepreneurship; business ownership, management, and leadership; organizational structures and operations …
The Entrepreneur's Simple Guide to Business Concepts
Nov 5, 2014 · Many people continue to get positioning mixed up with other business concepts, so here is the entrepreneur's guide to business concepts, with simple definitions of common …
7 Types of Business Concept - Simplicable
Sep 14, 2023 · The following are common types of business concept. A purpose or mission. For example, a plan to develop a business that produces far less pollution that competitors in the …
Business Basics for Entrepreneurs - The Daily MBA
Business Basics for Entrepreneurs goes through 22 topics (with a couple of bonus ones thrown in at the end, only available in this eBook). At the end of those 22 topics, you will have learned …
8 Fundamental Principles of Business You Need to Know
Whether you work for a company or plan to build your own business, your knowledge, and understanding of these 8 fundamental business principles can help you find success. 1. Have …
7 Business Fundamentals for Professionals | HBS Online
Sep 26, 2019 · The basic skills and concepts needed to run an organization are referred to as business fundamentals. By fully comprehending how a business operates, you’ll have a better …
8 Types of Business Concepts | Indeed.com
Apr 10, 2025 · These ideas and solutions become business concepts, which give focus to a business idea and define its practical purpose. Learning about different types of business …
What is Business? Definition, Concept, Types & Challenges
The business concept is a mandatory idea for any type of business. It sets the foundations or directions that shape the future operations of any business. For instance, the business …
Top 20 most used Business Concepts explained
What are the most commonly used business concepts? In the dynamic world of business, understanding key concepts is essential for navigating challenges, making informed decisions, …
What Is a Business? Understanding Different Types and ... - Investopedia
May 15, 2025 · A business is an individual or group engaged in financial transactions. Read about types of businesses, how to start a business, and how to get a business loan.
Fundamentals of Business - 4th Edition - Open Textbook Library
It covers the following topics in business: Teamwork; economics; ethics; entrepreneurship; business ownership, management, and leadership; organizational structures and operations …
The Entrepreneur's Simple Guide to Business Concepts
Nov 5, 2014 · Many people continue to get positioning mixed up with other business concepts, so here is the entrepreneur's guide to business concepts, with simple definitions of common …
7 Types of Business Concept - Simplicable
Sep 14, 2023 · The following are common types of business concept. A purpose or mission. For example, a plan to develop a business that produces far less pollution that competitors in the …
Business Basics for Entrepreneurs - The Daily MBA
Business Basics for Entrepreneurs goes through 22 topics (with a couple of bonus ones thrown in at the end, only available in this eBook). At the end of those 22 topics, you will have learned …
8 Fundamental Principles of Business You Need to Know
Whether you work for a company or plan to build your own business, your knowledge, and understanding of these 8 fundamental business principles can help you find success. 1. Have …