xyz ltd conceived a business opportunity analyzed its prospects and brought together men, machinery, materials, managerial abilities and financial resources and set ABC Ltd going which term best describes xyz ltd. define the term as per the companies act 2013
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Every organisation provides some basic product or service, for the production of which there is a process of flow of input material and technology for transforming this input into output for consumption. Thus, management involves management of operations for converting input into output.
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