The word "Business" has been defined as an organization involved in trade of goods and services.There are stupendous numbr of businesses which are existing in almost all the countries in the world,producing various kinds of goods and providing different types of services to make the lives of people better.Most of them are done for profits and only few is carried out for charity
In Sri Lanka,there are vast number of businesses.They are either production based or servisce providing budsinesses.Of them some do their business in large scales(even globally) and some people deals with small scale businesses.Among them there businesses that can be categorized under traditional businesses(or indegeneous businesses).They produce various kinds of
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Indians have used spicies for a long period.
With time people started explorations and found that best spicies can be found in outh Asian region.Spicies business started in South Asian region first and developed gradually and became a large scale business in the world.So south Asia became the main dealers of best spicies to the world.
It was even a famous business SriLanka in the ancient time.Sri Lanka was known to have trade in spicies from as far back as 8th century when the Arabian traders set foot on the island and then the Europeans. Also there was a period where Sri Lanka was a famous spicies producer in the world.One of the main reasons why Portugese and Dutch invade Sri Lanka was the precence of high quality spicies,and viability to plant them more.It was British who developed the spicies business.They developed gardens and increased the exports of spicies such as cinnemon,cloves,pepper,nutmeg,ginger etc.How ever this spicies business remainded as one of the majorbusiness in our country andit is still holding a prominent place.According to the recent researches Sri Lankahas be come the 10th largest spice producing country in the world.And also knwn for the best quality spicies.
With the development in technologies various kinds of wines
According to ASC 805-10-55-4 a business consists of inputs and processes applied to those inputs that have the ability to create outputs. Although businesses
The role of business in an economy is involved in any type of activity that provides goods, services, or both to consumers in an attempt to earn a profit. Business drives up the standard of living of quality and quantity of goods and services available to a population and contributing to the higher quality of life in which is overall sense of well-being experienced by either an individual or a group. Business also helps raise the standard of living through taxes. However businesses do not only provide the products and services that people acquire, but they as well provide job opportunities that people
Middle Eastern gold and silver purchased pepper, textiles, and gemstones in India. Merchants from the Arab Empire established communities from East Africa to the China coast. Opportunities for trade led to the production of sugar and dates in Mesopotamia and stimulated a slave trade from East Africa to provide labor for the growing and refining of these products. Widespread conversion to Islam among traders in the Indian Ocean underpinned an international maritime culture and also helped to facilitate commercial transactions.
Suppose that Katherine, Brianna, and Paige have formed a limited partnership to operate a video arcade. Katherine is the general partner. She has contributed $2,000 and her time to get the operation running. Brianna and Paige, the limited partners, have each contributed $3,000. After one year of operation, the arcade has debts of $10,000, and the three partners decide to discontinue their business and the limited partnership. Brianna and Paige want their investment returned to them. Who should Katherine, who is winding up the business, pay first, Brianna and Paige, or the creditors? How much will Brianna and Paige receive? How about Katherine?
Money makes the world go around so that people could either become rich or poor. The whole issue with businesses came up in the 18th-19th century and was created by two factions in US history, the Robber Barons and the Captains of Industry. These two are what made the way America’s economy it is today. The Robber Barons and the Captains of industry were both very similar but completely different with how they operated in the economic world. Robber Barons made wealth in a variety of ways but still maintained the sense of thieves from the way they attained their wealth and treated their people hence forth their name. The Robber Barons were considered a unlikable form of business because of the effect they had a negative effect on the
Iron came from the Ganges valley near Bengal, copper came from the Deccan plateau, Salt came from coastal regions and pepper came from southern india
Business is an occupation or profession of the purchase and the sale of goods, in which an attempt to make a profit. As a business can also be a person or corporation engaged in exchanges, manufacturing, or a service to seek profit. Every second the national debt continues to grow, the government feels raising the federal budget will make a difference, but it will not. If were sought to help alleviate the national debt my proposition would be to raise the minimum wage, which not only benefits the people, but it can the government as well.
The purpose of business is commonly perceived negatively by the general public. Most people believe that businesses are started solely for the purpose of making money for its investors. However, according to Mackey (2013), “business has the potential for a higher purpose; to improve our lives and create sustainable value for all stakeholders of a business”. During the interview Mackey (2013) says that “business creates the goods and services that make our lives better”. At any rate, most people still view business as a necessary evil until more businesses adopt the conscious capitalism philosophy.
Business is advertisements, production, hospitals, clinics, offices, and laboratories. Without business, a country is unable to be prosperous. Without business, a company is unable to thrive. Without business, an individual is unable to be successful. Similarly, business is super crucial in the field of physical therapy.
Government should not be run like a business because a system that was established to protect and ensure the public good should always put equity before efficiency. Government is inherently different from business, and therefore should run differently.
In the fifteenth century, Muslims had formed a “curtain” (80) which separated Europe from direct trade with India. One of the most famous attempts around the curtain was lead by Columbus, who attempted to sail west. His quest was ultimately unsuccessful due to a roadblock named America. A more profitable route was discovered in the 1420s, which involved sailing around the southern tip of Africa. After this discovery, spices were no longer exotic, but rather abundant and average, and in the 1600s, the price of spices began to decline.
A business is a person's regular occupation, profession, or trade.it is also an organization or economic system where you can exchange goods and services for one another or for money. Every business requires some form of investment and enough customers to whom its output can be sold on a consistent basis to make a profit. Businesses can be privately owned, not-for-profit or state-owned. There are four different types of business, you have Sole proprietorship, Partnership, Limited Liability Corporation (LLC), and a Corporation. A sole proprietorship is business that is unincorporated that is owned by one individual. A partnership is a business ran by two or more people, it is a legal entity where they join to carry on a trade or business. Limited Liability Corporation (LLC) is a structure that
Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.
The reference to the trilogy would facilitate in gaining an insight about the process of commercialisation in Sri Lanka in different transformation periods and in different dimensions of the
Business is loosely defined as buying and selling. However business is both an economic and social activity which is done to acquire wealth and serve the society through the provision of goods and services which the society needs.