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Introduction to Business Studies
1.1 INTRODUCTION
Business studies is the study of the management of individuals to maintain collective productivity, which accomplishes particular creative and productive goals, usually to generate profits.
Meaning and Origin
According to the Longman Dictionary of Contemporary English, business studies is the study of economics and management. It is the study of subjects connected with money and managing a business. The term business is derived from the word busy. Thus, a business means being busy either as an individual or as a society as a whole, doing commercially viable and profitable work. A business can also be defined as an organization that is legally recognized and designed to provide goods and services ...
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