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Content in Commerce

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  Unit-1: Course content in Commerce MEANING OF BUSINESS: Ø   The term business is derived from the word ‘busy’. This business means being busy. Ø   Business refers to economic activities concerned with the production and sale of goods or services for the purpose of earning profit. Ø   Business refers to any economic activities undertaken with the object of earning profit. Ø   It includes production, trading, transportations, banking, insurance, advertising, warehousing etc. DEFINITION: According to P.K. Gosh & Bhushan- “ Business may be defined as the regular production or purchase and sale of goods undertaken with the object of earning profits and acquiring wealth through satisfaction of human events”. R.N. Owens - “Business is an enterprise engaged in the production and distribution of goods for sale in a market or rendering of services for price. NATURE OF BUSINESS:       The nature of busine...
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INSTRUCTIONAL AIDS

  INSTRUCTIONAL AIDS Educational broadcasting and telecasting:       Educational broadcasting is one of the important landmarks in the history of mankind. It revolutionized the thinking and life style of man. Potentials of this technology can be effectively utilized for education also. Listening to broadcasts will arouse the interest of pupils and will create a desire to acquire more knowledge and to develop skills.       Educational broadcasts potentially have a great coverage. It can be received any where either in the house or in the school or even while travelling. It is very much suitable for supportive type of learning. It has the capacity of stimulating imaginative involvement of listeners. INTERACTIVE VIDEOS:       Interactive video is an interactive group communication or a real time interaction between two or more people in two or more locations through electronic medium. It makes possibl...
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