Class 11 Business Studies Nature and Purpose of BusinessTypes of Business ActivitiesBusiness activities can be of two main types, viz. Industry and Commerce.IndustryThe term industry is used for those activities in which resources are modified for better usage by humans. Industry does some sort of...
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Economics of scale: The basic concept of the economics of scale is that when the business get bigger and bigger, the LRATC, which stand for long run average total cost, may fall at first then goes up and finally It might be showed in U-shape in graphs. It sounds pretty complex, but ...
It studies the practices of ordinary people, social structures, and interactions between the different groups in society and connects them to key events from the past. Initially, it focused on minority populations, women, and people from lower-class backgrounds; however, as time went by, it ...
Another example of punishment would be making a student write sentences after they have repeatedly interrupted the class. What is an example of reinforcement? An example of reinforcement would be rewarding a child with a new toy for cleaning their room. Another example would be telling a student...
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along with economics and political science, as a reaction against speculative philosophy and folklore. Consequently, sociology separated frommoral philosophyto become a specialized discipline. While he is notcreditedwith the founding of the discipline of sociology, French philosopherAuguste Comteis recognized...
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