Max Business

Management tries to integrate the objectives of individuals along with organizational goal. Management directs the efforts of all the individuals in the common direction of achieving organizational goal. In an organization employee come form different backgrounds. They have different backgrounds. They have different attitudes and different style of working and if every one starts following his own style, it can lead to chaos and confusion in the organization. By giving directions managers bring uniformity and harmony in the action of employees. Management tries to reduce the cost and improve productivity with minimum wastage of resources. Management insists on efficiency and effectiveness in the work through planning, organizing, staffing, directing and controlling. Efficient management always has multiple objectives, they give due importance to social obligations, towards different groups of people such as employees, customers, suppliers etc. it insists on providing quality goods, competitive salary, create employment opportunity etc. by increasing production management also contributes to increase in Gross Domestic Product and leads to growth of nation.

Finance is the lifeblood of business. No business enterprise can be started and operated without adequate funds. In modern business, finance is required for the purpose. To start a business, machinery, land and buildings, and other fixed assets must be purchased. Money required for the purchase of fixed assets is called fixed capital. Money is required for purchase of raw materials, payment of wages and salaries and other expenses. It takes time to produce and sell goods. During this period working capital is needed. Finance is required for replacement of worn out plant and machinery. Without adequate funds, a business firm can’t modernize plant or machinery or use new methods of production and distribution. Funds are needed for expansion and growth of business. Thus, finance is needed at very stage in the life of a business. This importance of finance has increased with the growth of business. In modern business, large amount of funds is needed foe large scale production and distribution.

Co-operative organization is a voluntary association of persons formed on the basis of equality for the protection and promotion of their common economic interests. It is an attempt by weaker sections of society to accomplish benefits thought collective actions and mutual help. It is based on the principle of each for all and all for each. It is registered under the cooperative societies act. Membership of a cooperative society is voluntary nobody is compelled to join or leave the society. Anybody having a common interest can join or leave the society anytime. One member one vote is the principle of cooperation. Every member has one vote irrespective of the number of shares held. Thus, a cooperative society is run on a democratic. Capital of a cooperative society is raised by issue of shares to the members. In addition, a cooperative society can borrow from its members and from other sources.

The International Bank for Reconstruction and Development was established at the international Economic Conference held at Bretton Woods in July 1944. It headquarter is situated in Washington D.C. (U.S.A.). The bank is a specialized agency for international monetary cooperation. The main objective of the bank is to assists in the economic development of the member countries and to help raise the standard of development countries by channelsing financial resources from development countries to developing countries. To assists in the reconstruction and development of less developed countries by facilitating investment for productive purposes. To promote private foreign investment by means of guarantees or participation and investment made by private investors. To promote long term balanced growth of international trade by assisting in raising productivity the standard of living and improving conditions of labor in the developing countries.

Development banks differ from commercial banks in many respects. Commercial banks provide credit for short term. They focus on the working capital needs of trade and industry. On the other hand, development banks provide finance for medium and long term. They focus on the fixed capital needs of industry and trade. They provide fiancé for expansion, diversification and modernization of business firms. Commercial banks are oriented towards security whereas development banks are oriented towards projected. Development banks give preference to development of new entrepreneurs and promotion of balanced regional development. In fact development banks were established because commercial banks and other financial intermediaries could not meet the needs of industry.

Small scale industries are small in size but play a big role in the economic development of a developing country like India. India has adopted the ideal of a socialistic pattern of society with full employment, balanced regional development and self reliance as the major objectives. Small scale firms are helpful in the achievement of those goals in the following ways. Small scale firms use labor intensive techniques and, therefore, they have high potential to provide employment to a large number of people per unit of capital. For every worker employed in large scale induststries about three workers are engaged in small scale and cottage industries. Next to agriculture small business constitutes the most popular occupation of people in India. Small firms promote self-employment particularly among the educated and professional class.

Today share market has crossed the down border. This time market has faced on biggest down fall.  sensex and nifty  has with out stop a goes down. Sensex has broken the minimum level in 2008. Now sensex has run on 900 points. Senesx has broken a January down fall record that time sensex has down 15332.This is second time this year biggest fall. Today business closed time sensex has 770 points and 15400 on level go down and nifty has down 4650 on level and 248 points. Today Bombay stock exchange (BSE) can’t show a high range index. Today Unmovable property has more than 11 percent down and iron index has more than 8 percent.
Today 30 shares sensex in only Hindustan lever shares has increased and down shares list DLF, Reliance energy, Hidalgo, Tata steel, Reliance communication, Bhal, wipro, SBI Reliance and TCS. Today Mumbai share market has closed on sensex 15,357.35 level and 770.63 points down and international shares market has nifty 4,623.60 level and 248.40 points down.

Today business share market has very strong position on the basis Indian share market starts has good but after some time market has going on down position. There sensex has running on 253 points up and nifty 70 points up. Today increased index list has unmovable property, banking, capital goods, energy and Midcap and smallcup has also increased. In Indian share market increased after this news “Farderl statement, Farderl said, he manages 200 billon dollars for bank and debtors”. After this news Asian market has also improved.
In 30 sensex increased shares Reliance energy, HDFC bank, ICICI bank, sipla, L&T, Ranbasis, Reliance, Bhal and Bharti Airtel. Sensex has down shares handilco, Tata steel, Tata Motor, shatym computers, infosys, Maruti Suzuki, Ambuja, ACC and Reliance communication. Mumbai shares market sensex index has 16,376.57 and 253.42 points up and international shares market nifty index has 4,936.70 and 70.80 points up on business.

Today Auto, Banking, real property, iron, oil and gas technology purchaser has tried to increase market. They have helped increase to down share. Long time seen a down position market but today market has light good closed. Today sensex 51 points down and nifty 28 points up closed. Today in BSI iron, oil and gas has up to 2 percent and Auto, PSU and technology has light up close but capital goods 4 percent and consistence customers more than 2 percent and  FMCG , IT and energy index  more than 1 percent .  30 share sensex is L&T, Bhal, Maruti Suzuki shatyam computers, wipro, ICICI bank, HDFC and Hindustan laver heavy fall down. Their are increased share Bharti airtel, Tata steel, Baja Auto, DLF, Reliance communication, SBI, HDFC bank.  Mumbai share market sensex is 15,923.72 and 51.80 points down and international share market nifty is 4800.40 and 28.80 points up closed.

World greatest and biggest mobile company Nokia contract one arb rupees with china mobile company Postal. Both companies is biggest mobile companies, both are decided increased a business. In this contract China Company will buy Nokia mobiles in 2008.
Both companies help to each other in investment and share market.