1Preface
853.9 References
2Chapter - 1 Business Comprehension and its Meaning
86Chapter - 4 Management of Business
31.1 Introduction
874.1 Introduction
41.2 Business: Definition Concept & its Type
884.2 Basis of Business Management
51.2.1 Concept of Business
894.2.1 Business Management Strategies
61.2.2 Objective of the Business
904.2.2 Features of Small Business Management
71.2.3 Business Structures
914.2.3 Business Management Challenges
81.2.4 Business Sizes
924.3 Basics of Management
91.2.5 Types of Business
934.3.1 Objectives of Management
101.3 System of Business: 1.3.1 Types of Business Systems
944.3.2 Quality Products and Services
111.4 Economic System
954.3.3 Features of Management
121.4.1 Nature of Economic System
964.3.4 Importance of Management
131.4.2 Economic System Types
974.4 Function of Organizations
141.4.3 Factors Affecting Economic Development and Growth
984.5 Function of Managers: 4.5.1 Roles of a Manager
151.5 Capitalism
994.6 Controlling Function of Management
161.5.1 Labor and Capital
1004.6.1 Advantages of Controlling Functions
171.5.2 The Economy and the Society
1014.6.2 Significance of Controlling Function of Management
181.5.3 Types of Modern Capitalism
1024.7 Exercise
191.5.4 Advantages of Capitalism in Business
1034.8 References
201.6 Economic Motives that have Influence on Business
104Chapter - 5 Production and Costs Management
211.6.1 Government Influence
1055.1 Introduction
221.6.2 International Transaction
1065.2 Production Management: Perception and Scope
231.6.3 Expectation and Speculation
1075.2.1 Production Planning and Control
241.6.4 Supply and Demand for Products
1085.2.2 Routing in Production Management
251.6.5 Economic Influence on Marketing
1095.2.3 Production Possibility Curve
261.6.6 Economic Factors Affecting Marketing
1105.2.4 The Need for Product Management in Organizations
271.7 Exercise
1115.3 Line Balancing in Production Management
281.8 References
1125.3.1 Law of Variable Proportions
29Chapter - 2 Environment of Business, Social and Ethical Responsibility
1135.3.2 Production Optimization
302.1 Introduction
1145.3.3 Innovation and Product Management
312.2 Concept of Business Environment
1155.4 Cost Function and Management
322.2.1 Internal Environment
1165.4.1 Different Types of Costs
332.2.2 External Environment (PEST)
1175.4.2 Minimization of Short Run Costs
342.2.3 Dimensions of the Business Environment
1185.4.3 Deriving Cost Schedule from Production Function
352.2.4 Environmental Business Analysis
1195.4.4 Importance of Cost Function
362.2.5 Natural Environmental Factors that Affect Business
1205.4.5 Duality between Production Function and Cost Function
372.3 Political and Judicial Environment of Business
1215.4.6 Cost Management Strategies for Business Decisions
382.3.1 The Effects of the Political Environment on Business Organizations
1225.4.7 Cost Management Techniques Used in Business
392.3.2 How does a Political Trend Affect a Small Business?
1235.5 Exercise
402.3.3 Legal Environment of Business
1245.6 References
412.4 Business Social Responsibility
125Chapter - 6 Supply and Demand Analysis
422.4.1 Evolution of the Concept of Social Responsibility
1266.1 Introduction
432.4.2 Social Responsibility of Business: Nature
1276.2 Supply Analysis and Measurements
442.4.3 Types of Corporate Social Responsibility
1286.2.1 Uses in Business
452.4.4 Reasons for the Growing Concern of CSR
1296.2.2 Market Supply Curve
462.4.5 Historical and Philosophical Perspectives of Social Responsibility
1306.2.3 Changes in Supply
472.4.6 The Impact of Corporate Social Responsibility on Organizational Stability
1316.2.4 Law of Supply
482.4.7 Pros & Cons of Corporate Social Responsibility
1326.2.5 Elasticity of Supply
492.5 Business Ethics
1336.2.6 Graph Supply of Price and Supplied
502.5.1 Importance of Business Ethics
1346.2.7 The Factors that Shift the Supply Curve
512.5.2 Leadership in Business Ethics
1356.3 Changes in Demand Analysis
522.5.3 Decision Making in Business Ethics
1366.3.1 Movement and Change in Demand
532.5.4 The Advantages of Ethical Behavior in Business
1376.3.2 Law of Demand
542.5.5 Advantages and Disadvantages of Business Ethics
1386.3.3 Shift in Demand
552.6 Exercise
1396.3.4 Elasticity of Demand and its Measurement
562.7 References
1406.3.5 Slope and Elasticity
57Chapter - 3 Planning of Business Start-ups
1416.3.6 Measurement of Price Elasticity of Demand
583.1 Introduction
1426.4 Exercise
593.2 Establishment and Development of Business
1436.5 References
603.2.1 Stages of Business Development
144Chapter - 7 International Trade and Management
613.2.2 Components for Business Development Plans
1457.1 Introduction
623.2.3 Small Business Development Strategies
1467.2 International Trade and Development
633.3 Organization of Creation of Small Firms
1477.2.1 Patterns of Trade
643.3.1 The Development of a Small Scale Business
1487.2.2 Invisible Trade
653.3.2 Characteristics of a Small Business
1497.2.3 Trade Sanctions
663.3.3 Create a Small Business Profile
1507.2.4 Trade between Developed and Developing Countries
673.3.4 Creating a Business Plan for a Small Business
1517.2.5 International Trade Law
683.3.5 Typical Organizational Structure of a Small Business
1527.2.6 Methods of International Trade Regulation
693.4 Analysis of Informational Sources about Business
1537.3 International Trade Services
703.4.1 Business Information Sources
1547.3.1 Methods to Measure the Gain from International Trade
713.4.2 Types of Information Resources a Business Needs
1557.3.2 International Trade Strategies
723.4.3 Business Trend Analysis
1567.3.3 Advantages of International Trade
733.5 Sources of Financial Support for Business
1577.3.4 Terms of Trade
743.5.1 Finance the Purchase
1587.3.5 Facets of International Trade
753.5.2 Importance of Finance & its Role within Business
1597.4 Barrier in International Trade
763.6 Establishment of Business Value
1607.4.1 Dispute the Trade Barriers
773.6.1 Types of Business Valuations
1617.4.2 Tariff Barriers of International Trade
783.6.2 How to Determine the Value for a Business
1627.4.3 Objectives of Tariffs
793.6.3 How to Build the Value of a Business
1637.4.4 Non-tariff Barrier
803.7 Structure of Purchase and Sale of Business
1647.5 Exercise
813.7.1 Liability Issues
1657.6 References
823.7.2 Tax Consequences
166Glossary
833.7.3 How to Draft a Contract for the Purchase & Sale of a Business?
167Index
843.8 Exercise