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The Fundamental Elements of Organizational Behavior (OB)

Organizational Behaviour is a very important part of Behaviour Science. If you want to understand organizational behavior properly, you have to learn different elements about this.

What is Organizational Behavior?

Initial Word: Organizational Behavior is mixed with the two words such as Organization and Behavior. The organization is a social process where gathered a group of people with particular purpose.

What is Organization?

Organization means a group of people with a particular purpose and it is the relationship between the member for purposes such as business or government.

Definition of Economics

Economics is the study of scarcity and it is the study of how people use resources or it is the study of decision making.

Marketing Management and its Evolution

Marketing is really a very important subject for business purposes. Actually, Marketing Management is a discipline that focused on the implementation of marketing techniques and management of firms marketing resources. 

"By the provision of satisfaction of the needs of the lack of consumers to achieve institutional purpose on Marketing Program Analysis, Plan formulation, Implementation, and marketing of controls are called Marketing Management. "

16 Functions of Business

The main objective of business is that survival in the business competition by profiting.

The business organization tries to profit maximize by providing the proper utility of goods.

As a business owner, the businessman earns a profit by providing goods, service, ideas etc.

What is Finance- Definition & Meaning

Finance is a process of asking any financial institutions such as bank, credit union or finance company or another person to lend money to you that you also promise to repay this money at some point in the future. This is the normal speech of finance.

Actually, finance is a science that describes the management of revenues and the conduct or transaction of money matters and especially in the fields of banking and investment.

Objectives of Business

People start a business for earning profit. But at present, earning profit is not only the main objective of people.

Actually, every business is started for earning profit. Because profit of business is the acid test of a business organization.