Computer Applications in Business(M-Com. – II semester)
| Institution | UNIVERSITY |
| Course | BACHELOR OF SCIENCE... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | stephen |
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| Pages | 119 Pages |
| File Size | 1.38 MB |
| Views | 2249 |
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Download complete notes on Computer application in business.
Computer is a device that transforms data into meaningful information. Data can be anything like marks obtained by you in
various subjects. It can also be name, age, sex, weight, height, etc. of all the students in a class. Computer can also be defined in terms of functions it can perform. A computer can i) accept data, ii) store data, iii) process data as desired, and iv) retrieve the stored data as and when required and v) print the result in desired format. The major characteristics of a computer are high speed, accuracy, diligence, versatility and storage.
The computer performs basically five major operations of functions irrespective of their size and make
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1.0 The various forms of business organization
Business organizations can be formed by one person, a group of people or even government.
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ii. partnership
iii. limited liability company
iv. cooperative
v. public corpora
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DBA 403: Entrepreneurship skills notes
1.0 The various forms of business organization
Business organizations can be formed by one person, a group of people or even government.
Consequently, we could have the following forms of business ownership:
i. sole proprietorship
ii. partnership
iii. limited liability company
iv. cooperative
v. public corpora
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FINDING SOURCES OF FINANCING
Three basic types of financing can be identified. These are:
1. Profit retention: This is an approach where cash is not withdrawn in form of
dividends but instead uses the cash to finance the business.
2. Spontaneous financing: This is financing arising from increased sales. A such,
there income to buy more inventories and suppliers can extend credits when they
realize there is good business.
3. External financing: This comes from outside investors. The investors include
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