Advantages of trade:-
a.Trade helps to increase international business.
b.Trade improves efficiency in production by technology and innovation and specialization.
c.Trade improves the standard of living among nations.
Classification of business activities.
Business is classified into two:
Industry : It is a group of companies which manufactures similar products and similar services to
Objectives of business:
a. Profit: It is the primary goal of any business enterprise. Profit enables a businessman for
growth,expansion and survival.
b. Growth: It is second important objective where the industry apart from earning…
Bachelor’s degree of BBA in business administration is a course which can be done by the students after completion of their class 12. Bachelor of Business Administration is a very popular Undergraduate Degree in India.BBA is gaining…