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Business studies can be defined as the study of economics & management that helps to organize, plan and develop services & goods for meeting the requirements of the customers. Business studies involves some major concepts such as accountancy, finance, marketing, organization etc.
It is a collection of business theoretical approaches, relevant contexts and business theory.
Business studies helps to making decisions to run business efficiently. It deals with factors like Environmental ,Cultural ,Ethical, Political and economic conditions .Business Studies helps in improving oral communication & written skills; self-reliance & ability for managing time, projects and resources; numeracy as well as the ability for the research, interpretation, analytical & critical thinking skills; logical decision-making skills and understanding capability of the behavior. It provides the facility of decision making which helps to achieve the business goals.Business studies helps in managing the account and finance department of an organization.
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