Business Makers

The causes of various types of pollution are given below:

• Air Pollution: Smoke and other chemicals from industries and carbon monoxide form vehicles cause pollution of air. Emission of smoke, gases, fumes, dust and ash leads to or pollution. These harmful substances reduce the quality of air.
• Water Pollution: Business firms and people dump industrial effluents, waste and chemicals into jives, streams and lakes. As a result water gees polluted.
• Land Pollution: Dumping of toxic waste and garage gausses pollution of land. Excessive use of fertilizers, chemicals and pesticide also pollutes the soil. As a result land becomes infertile and no grass or plants can grow. It is necessary to restore the quality of land that has already been damaged. It is also essential to prevent future pollution of land by adopting new methods of disposal of solid waste.
• Noise Pollution: Traffic and industries create noise in cities.

• Pollution means the injection of harmful substance into the environment. Since independence, growing population and rapid growth of industries in India have crated serious environmental problems. For example, Delhi alone has more than 12.355 industries. The smoke and smell emanating from these industries are polluted their. Such pollution affects the health of people. It has been estimated that more than 5000 people die every year in India due to air pollution. Most of the industries dump their liquid waste into rivers, canals and underground water which leads to pollution of drinking water. Industries also cause noise pollution.

• The amount of environmental pollution depends upon the type of pollutant; the amount of pollutant disposed of into the environment and the distance of a place form the sources of pollution.

Business interacts with several interest groups of society. These interest groups are s follows:

INTEREST GROUPS

Owners and Employees Consumers Supplies Government Community
Investors and general
Public

The responsibilities of business towards these interest groups are summarized below:

• Responsibilities Towards Owners and Investors: (a) To provide a fair return on their investment (b)To furnish regular, accurate and complete information abut the working of the company (c) To maximize the shareholders’ wealth by means of increase in the value of shares (d) To allow the shareholders representation and participation in the management of business.

• Responsibilities Towards Employees: (a) To pay fair wages for the contribution of employees (b) To provide security of job and promotion opportunities (c) To offer welfare facilities like safe working conditions, housing, medical and leave, retirement benefits etc. (d) To treat employees as partners in the management and progress of business (e) To evocate work according to their knowledge an aptitude is as to ensure job satisfaction.

• Responsibilities towards Consumers: (a) To provide goods and services of the right quality and at reasonable prices(b) To avoid unfdair trade practices such as adulteration. Black-marketing, misleading advertising, etc. (c) To handle consumer grievance quickly and courteously. (d) to provide effective and prompt after sale service.

• Responsibilities towards Suppliers: Every business firm should develop and maintain healthy relations with suppliers and competitors. It must pay the right price and make regular payments to its suppliers. In regular dealings with competitors, a business enterprise must not adopt unfair trade practices such as price cutting to gain unfair advantage.

• Responsibilities towards the Government: (a) To comply with the laws passed by the government (b) To pay all taxes honesty and in time (c) To assist the government in the formulation and implementation of proper business policies (d) To support the government efforts in improving the quality of life of people.

• Responsibilities Towards the community and General Public: (a) To reduce pollution (b) To take adequate safety measures against production of hazardous or unsafe products (c) To contribute to social welfare by helping educational institutions, hospitals, weaker sections of society, etc. (d) To provide relief in times of natural calamities such as drought, flood, earthquake, etc. (e) To promote sports, art and culture (vi) To prevent discrimination on the basis of sex, caste, race, religion, etc. in providing employment.

Lead overlook be recognized in the direction of an expected 80% in all every one missing sales. Don’t give permission that is occur in your big business next to use customer-relationship-management. consideration Meter settings with in AIM promote show the way organization system. All ‘of feature lead enclose a Lead Attention Meter and that is new toward make available in immediate technique in the direction of see how to a great extent attention show the way is being paid. For lead with the purpose of have been lately addressed and the consideration meter shows green.

Later than individual quantity of occasion, that the Lead Attention Meter change into yellow. After that additional instance goes through earlier than that a show the way is address Lead Attention Meter turn in the direction of red. After that Lead Attention Meter is unfilled that show the way and a prepared be display on that the summit of the contact.

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aimpromote Lead Management System

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Later than individual quantity of occasion, that the Lead Attention Meter change into yellow. After that additional instance goes through earlier than that a show the way is address Lead Attention Meter turn in the direction of red. After that Lead Attention Meter is unfilled that show the way and a prepared be display on that the summit of the contact.

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To decide whether a particular activity is an economic or a non-economic activity the following points should be considered:

The purpose of the activity is the most important ground for deciding whether an activity is economic or non-economic. The same activity may be economic for one purpose and non-economic for another purpose. The chief purpose of an economic activity is to generate income. For example when a lady cooks food for monetary gain it is an economic activity. But if the amen lady cooks food for hers family it is a non economic activity.

when the work done is measurable in terms of money it is an economic activity. For example services of a maid servant can be measured in terms of money and is therefore and economic activity. On the other had services of a housewife cannot no measured in terms of money and is therefore a no economic activity.

In the normal course of life a person desires to earn money in order to satisfy his wants. He seeks to obtain maximum return from his efforts. But work done for emotional reasons is non-economic activity. For example a businessman wants to produce goods at the lowest possible cost to make maximum profit. On the other hand a person engaged in religious or social service is willing to spend bother his money and time.

Both economic and non-economic activities must be legal. Activities which are illegal though resulting in economic gain for example smuggling black-marketing robbery and others cannot bane called economic activities. Only those human activities can be called economic activities which are performed in accordance with the laws of the land. Even non-economic activities whether social or religious must conform to law.

Business refers to the economic activities which are directed towards producing or acquiring wealth through buying and selling of goods and services. Business is carried on by people to earn an income. Generation of income or wealth involves production, sale and exchange of commodities which human beings want. In other words, business is sale and exchange of commodities which human beings want. In other words, business is concerned with that part of production which is actually exchange and results in mutual benefit to both the buyer and the seller. Manufacturing, mining, trading, transportation, banking, insurance and others are examples of business activities.

An activity which requires special knowledge and skill and which is under taken to earn a living within a prescribed code of conduct is called profession. The services of lawyers, chartered accountants, doctors are considered as professions. Person’s who render these services are known as professionals. Members of a profession have their own professional association which exercises statutory control over their activities. Professionals are required to bane embalmers of the statutory control over their activities. Professionals are required to be members’ statutory association.

People who work for others and receive wages or salary in return are said to be in employment. They are know as employees and the persons for whom they work are called employers. There is a relationship of master and servant here. Workers employed in factories, offices, banks, government departments, etc. are in employment. They work as managers, officers, clerks, peons, sweepers, and in various other capacities.

Economic activities or occupations are of three types
Business refers to the economic activities which are directed towards producing or acquiring wealth through buying and selling of goods and services. Business is carried on by people to earn an income. Generation of income or wealth involves production sale and exchange of commodities which human beings want. In other words business is sale and exchange of commodities which human beings want. In other words business is concerned with that part of production which is actually exchange and results in mutual benefit to both the buyer and the seller. Manufacturing mining trading transportation banking insurance and others are examples of business activities.

An activity which requires special knowledge and skill and which is under taken to earn a living within a prescribed code of conduct is called profession. The services of lawyers chartered accountants doctors are considered as professions. Person’s who render these services are known as professionals. Members of a profession have their own professional association which exercises statutory control over their activities. Professionals are required to bane embalmers of the statutory control over their activities. Professionals are required to be members’ statutory association.

People who work for others and receive wages or salary in return are said to be in employment. They are know as employees and the persons for whom they work are called employers. There is a relationship of master and servant here. Workers employed in factories offices banks government departments etc. are in employment. They work as managers officers clerks peons sweepers and in various other capacities.

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One of India’s leading global IT services companies HCL Technologies and i2 Technologies, Inc. bringing the power of the i2 Business Content Library to customers worldwide. The companies will leverage HCL’s strength in IT services and vast experience in system integration and implementation, with i2’s deep supply chain management domain knowledge and market-leading products, to create innovative solutions for companies in the supply chain management domain.

“As global supply chain management continues to grow increasingly complex, many companies are facing pressure to become more agile in their supply chain planning,” said Ram Krishna, Corporate VP, Enterprise Transformation Services (ETS), HCL Technologies. “The agreement with i2 is a natural fit for HCL as we share a common goal of delivering customers measurable results through strategic supply chain business transformations. HCL brings the added advantage of an integrated service delivery that spans from high-end process consulting and application implementation/support, to infrastructure setup/management, large infrastructure management and BPO in the supply chain domain.”

HCL Technologies will now have access to i2’s Business Content Library, a robust knowledge base of best practices for supply chain processes that have been successfully implemented across numerous industries worldwide. The i2 Business Content Library will further strengthen HCL’s ETS capabilities and enable HCL’s customers to accelerate the value they receive from supply chain management solutions and resolve their supply chain issues quickly and efficiently.

“Working with HCL offers us the opportunity to expose more companies to the unique business benefits of the i2 Business Content Library. With a focus on business transformation, HCL is well-suited to introduce companies to the benefits of the i2 Business Content Library. The i2 Business Content Library is an excellent tool for companies looking to transform their supply chains, as it allows users to rapidly tailor workflows according to their business goals and requirements, or use components of workflows to build their own and then implement them across the enterprise,” said i2 Interim Chief Executive Officer, Dr. Pallab Chatterjee.

Benefits of the i2 Business Content Library:

– Access to world-class supply chain management best practices

– A framework to allow companies to achieve process excellence and continuous process innovation

– The ability to support new business innovation and make solution changes quickly and easily to keep up with changing needs of business

– Custom workflow development delivered quickly and easily at a lower total cost of ownership

– No waiting for maintenance releases or upgrades; new workflows will be published and available for download as soon as they are produced

– Flexible pricing options include annual subscription and “pay per design”

SOURCE: i2 Technologies

The 12-point resolution that the business sector unanimously approved during the recently concluded Mindanao Business Conference in General Santos City indicates that the sector will always be an active partner of the government in developing Mindanao.

ICT as development agent

Truly believing that information and communications technology (ICT) is a catalyst for development, the business sector believes that it is an essential part of the overall roadmap for the island and that sufficient infrastructure facilities must be laid out for connectivity to be enhanced.

In this modern world, connectivity is as important as physical infrastructure because it allows real time interaction between and among players of a certain sector and even between the producer and the market. It has tremendously shrunk the world to just about a line between two people, even if the distance is between the north and south poles.

The cities of Davao, General Santos, Cagayan and Zamboanga are all poised to become the ICT hubs of Mindanao. These are the areas where connectivity is present along with a rich source of human capital to support ICT developments.

Power, power

Another major issue that the business sector raised during the event was finding ways to ensure sufficient and steady power supply in Mindanao.

Reliable power supply will not only lure more investments to the island, but also sustain growth.

It is not only necessary for government to ensure that power investments are placed in areas where needed most (in case of Mindanao it is in the southern part which consumes nearly one-half of the power produced in the island), it is also very important that power is brought to all the points, particularly to areas where development is slow.

We must remember that reliable power, like infrastructure facilities such as roads, is a key to development.

And according to the analysis of government agencies, like the National Power Corp. and the National Transmission Corp., Mindanao will run out of power within the next three years unless major decisions are made today.

It is good that the national government decided to set up the transmission line that will bring the excess power supply produced in the northern part of Mindanao, particularly from the 200-megawatt coal-fired plant in Tagoloan, Misamis Oriental, to the rest of the Mindanao grid.

But it is also necessary that new power plants are built in areas where they are needed. But this can only be done if investments in the sector get the much-needed support from government policy-makers.

Efficient shipping services

Considering that Mindanao is a known producer of agricultural products, it is also important to find ways to bring these to the markets in easier and cheaper ways. It is currently more expensive to bring goods from Mindanao to Manila than to send them abroad.

This only shows two things, good port handling facilities are absent and that freight rates are also higher in the domestic shipping sector.

There have been so many attempts to persuade both the government and the industry to find common ground, both in reducing shipping rates and improving port handling facilities. These moves must be realized soon. Otherwise, business will continue to languish and development will not take off.