CA Business Economics and Business and Commercial Knowledge

More information about the CA Business Economics and Business and Commercial Knowledge are given in the presentation. The discipline of business economics in the CA foundation course includes the supply, management, and distribution of wealth in business. Management in business studies is important to make it function effectively and efficiently. Be any, it is important to keep the standards high in order to make the business run effectively. Lack of market awareness, inconsistency, setting up low prices can lead to a non-profitable business venture. It understands and functions in order to meet the productivity in a business. Businesses can be categorized into two: profitable and non-profitable. Marketing and sales are two different factors involved in the business. Business is different from trading as it involves not only buying and selling but also advertising and marketing.