Ramakant is a successful businessman who is engaged in manufacturing of
auto spare parts. The products manufactured by him are sold only in India, but
are also exported to various countries like Singapore, Switzerland, Belgium,
etc. On the basis of given case, answer the following questions:
a) Identify the two kinds of business in which Ramakant is engaged.
b) Differentiate between the two types of business as identified in part (a) of
the question.
Answers
Answered by
4
Answer:
I think there must be two kinds of a business
1) product based business
2) service based business
the difference between them are
1) product based business is all about the manufacturing the product itself
2) Second one , service based business is to provide export service for manufacturing product .
Answered by
2
Answer:
YES,he has two kind of business.
Explanation:
a)I think the type of business which Ramakant is doing is-
- Made in India
- Export type business
b)DIFFRENCES BETWEEN THE TWO ARE_
- Made in India-manufactured and sold in INDIA
- Export Type Business-manufactured in INDIA and sold outside INDIA.
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