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Factors Responsible for Changing Concept of Business Image below depicts factors responsible for changing concept of business.Seven main factors responsible for changing concept of business:Growing expectations of consumers. Advent of consumerism. Increase in the market competition. Information revolution. Rise of professionalism in business. Growing concern for safety of environment. Rapid

Etymology of Advertising Etymology means a study of origin, evolution and history of words.�Advertise� is a verb form of English word �Advertising�. It has its origin in a classical Latin word �Advertere�.Image credits � Prof. Mudit Katyani.�Advertere� is made of �Ad� + �Vertere� where,Ad means �to or toward�, and Vertere means �to turn�. Thus, �Advertere�, a union of �Ad� and �Vertere�, jointly

Changing Concept of Business Concept of business implies the intention of doing a business. In other words, it means the purpose for which a business is being carried on.Since last few decades, there has been an impressive change in the concept of business. It has changed remarkably from its mere producer orientation (i.e. only profit earning attitude) to the customer orientation (i.e. giving

Advantages of Debit Card The following points discuss important benefits or advantages of debit card.ADVANTAGES OF DEBIT CARDPrepaid cardDebit card acts as a type of prepaid card. It is so, since it already has a sufficient amount of cash balance in its holder�s bank account. It permits to carry on the value of the transaction (i.e. purchases) to the extent of available balance in its holder�s

What is Debit Card? Definition Debit card can be defined either in a simple way or detailed manner depending on how it is perceived with respect to different senses of finance. Following statements are few selected ones that lucidly express the definition of debit card within their individual perspectives. These definitions of debit card will help to get its overall understanding.1. In a General

Interdependence of Production and Marketing The most crucial and fundamental function of business is to:First produce/provide some goods and/or services, and then Market and/or target the same to the potential buyers and/or consumers. The basic functions of business namely, production and marketing go hand in hand with one another.Following points briefly explains the interdependence of

Explain Benefits or Importance of Inventory Control Following image briefly explains benefits or importance of inventory control.The benefits or importance of inventory control is listed in following points:Inventory control protects a company from fluctuations in demand of its products. It enables a company to provide better services to its customers. It keeps a smooth flow of raw-materials and