Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
6th Edition
ISBN: 9781337386920
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
Question
Chapter 1.4B, Problem 1CC
Summary Introduction

To determine: The reasons on increase in productivity affecting the business.

Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.

Blurred answer
Students have asked these similar questions
How can external economic forces play a part in business?
How does external economic forces play a part in business? Example?
Is it possible for businesses to formulate long term business strategies given the rapid changes in the external environment?
Knowledge Booster
Recommended textbooks for you
  • Principles of Management
    Management
    ISBN:9780998625768
    Author:OpenStax
    Publisher:OpenStax College
    Foundations of Business - Standalone book (MindTa...
    Marketing
    ISBN:9781285193946
    Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
    Publisher:Cengage Learning
    Foundations of Business (MindTap Course List)
    Marketing
    ISBN:9781337386920
    Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
    Publisher:Cengage Learning
  • Principles of Management
    Management
    ISBN:9780998625768
    Author:OpenStax
    Publisher:OpenStax College
    Foundations of Business - Standalone book (MindTa...
    Marketing
    ISBN:9781285193946
    Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
    Publisher:Cengage Learning
    Foundations of Business (MindTap Course List)
    Marketing
    ISBN:9781337386920
    Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
    Publisher:Cengage Learning