International Business
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International Business Session 1 a)- Defining Business in international context b)- India’s position in global business
B.S.Pani Ravenshaw Business School MBA-II : Octo-2009
Defining Business • Business is for making money – creating wealth for the investor in the venture. • Wealth is the sum total of additional assets created from the utilized assets. • An ‘Asset’ is one whose worth can be “monetanised” or assessed and expressed in monetary terms. • In short – Business means “Making Money”. bsp 09
Ravenshaw 2009
2
bsp 09
Ravenshaw 2009
3
B.S.Pani Ravenshaw Business School MBA-II : Octo-2009
Defining Business • Business is for making money – creating wealth for the investor in the venture. • Wealth is the sum total of additional assets created from the utilized assets. • An ‘Asset’ is one whose worth can be “monetanised” or assessed and expressed in monetary terms. • In short – Business means “Making Money”. bsp 09
Ravenshaw 2009
2
bsp 09
Ravenshaw 2009
3
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