Commerce Exam > Commerce Videos > Entrepreneurship Class 12 > Goals of Business
Goals of Business Video Lecture | Entrepreneurship Class 12 - Commerce
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19 videos|62 docs|12 tests
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FAQs on Goals of Business Video Lecture - Entrepreneurship Class 12 - Commerce
| 1. What is business commerce? |  |
Ans. Business commerce refers to the buying and selling of goods, services, and resources between businesses. It involves transactions between companies, such as manufacturers, wholesalers, and retailers, and is an essential aspect of the overall economy.
| 2. How does business commerce differ from consumer commerce? | |
Ans. Business commerce differs from consumer commerce in terms of the target audience. While business commerce involves transactions between companies, consumer commerce focuses on transactions between businesses and individual consumers. Business commerce usually involves larger quantities and more complex processes compared to consumer commerce.
| 3. What are the main goals of business commerce? | |
Ans. The main goals of business commerce are to generate profit, increase market share, build strong business relationships, improve operational efficiency, and enhance customer satisfaction. These goals drive businesses to optimize their operations, expand their customer base, and ultimately achieve sustainable growth.
| 4. How does business commerce contribute to the overall economy? | |
Ans. Business commerce plays a crucial role in the overall economy by stimulating economic activity, creating employment opportunities, and fostering innovation. It facilitates the flow of goods and services, promotes competition, and drives economic growth at both the local and global levels.
| 5. What are some key factors that influence business commerce? | |
Ans. Several factors influence business commerce, including market demand, competitive landscape, technological advancements, government regulations, and consumer behavior. Businesses need to adapt to these factors and make strategic decisions to stay competitive and achieve their goals in the ever-changing business environment.
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Dec 22, 2024 Last updated |
Video Description: Goals of Business for Commerce 2024 is part of Entrepreneurship Class 12 preparation.
The notes and questions for Goals of Business have been prepared according to the Commerce exam syllabus.
Information about Goals of Business covers all important topics for Commerce 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Goals of Business.
Introduction of Goals of Business in English is available as part of our Entrepreneurship Class 12 for Commerce & Goals of Business in
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Video Lecture & Questions for Goals of Business Video Lecture | Entrepreneurship Class 12 - Commerce - Commerce full syllabus preparation | Free video for Commerce exam to prepare for Entrepreneurship Class 12.
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