Archive for the ‘Organisation’ Category


About Consumer Protection

Saturday, May 17th, 2008

Consumer protection is very wide. It includes rights, responsibilities and various remedies available to consumers. It is not only beneficial for consumer but it is equality important for business also.

Consumer protection provides information to the ignorant customers regarding rights and remedies available to them. It spreads awareness so that consumer can know about the various redressal agencies where they can approach to protect their interests.
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Objectives of Business Management

Thursday, May 15th, 2008

Objective are the ends towards which the activities of business organization are directed and the standards against which the performance is assessed. These objectives aim at prosperity and growth of the organization. Generally it is assumed that profit maximization is the main objective of every organization but it is not true. The mangers try to develop and attain variety of objectives in all business management areas which reduces cost and brings maximum prosperity for organization. The basic purpose of every organization is to survive and exist in the competition market for a long period of time and it is possible only when it is able cover its cost and earns profit. The most important objective of every organization is earning adequate amount of profit. Profit is essential for survival, growth and expansion of business. Profit is the reward given to businessman for bearing risk.
Business organization must grow and expand their activities. The success of any organization is measured by the growth rate and growth is measured in terms of sales, number of branches, number of products, and number of employees.

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