economics

2. Management Should formulate
business that are favorable to the
interest of the society.
By doing this its also promoting its
own business interest.
Cleary a business organization
cannot operate within the a sick
society.

3. •Products are adulterated.
•Political bribery
•Illegal gifts
• and other illegal incentives.

4. Consumers are generally weak to
fight such as negative business
activities, particularly among the
poor countries.
Consumers in the rich countries
are more vigilance against business
abuses.

5. Management must consider the
impact of every business action
upon society. It has to consider
whether the action is likely to
promote the public good, to
advance the basic beliefs of our
society, to contribute to its stability,
strength and harmony

6. •Should you have a partner?
•What type of business organization is the
best for you?
•Laws that may affect you?
•How can your professional help you?

7. The profit factor is a
vital element of business.
The first responsibility of
management is to
operate at a profit.

8. Consumers tend to
purchase more goods
at lower price.
And will they get
more profit because
more goods are
bought.