Business and Commercial Knowledge
BUSINESS ORGANIZATIONS
After studying this chapter, you will be able to:
1. Have an overview of corporate history of some of the selected Indian and Global companies.
2. Gain information about management teams of selected companies.
3. Know the vision, mission and core values of different companies.
4. Know the market and financial performance of different companies.
5. Gain vital information on products and services of famous brands of different companies.
5. Analyse a company’s information as a business analyst.
SUMMARY
A company overview is the most effective way to acquire business intelligence and gain vital information about it. It becomes essential for business professionals, business analysts such as budget analysts, financial analysts, management analysts, and market research analysts to analyse business practices, identifying potential business problems, market requirements and providing financial, marketing or managerial solutions.
♦ Budget analysts help companies and organizations keep their finances on track.
♦ Financial analysts offer advice on investment decisions for external or internal financial clients as a core part of the job.
♦ Management analysts work with the heads of businesses to improve efficiency and, consequently, profitability.
♦ Market research analysts study competitors’ and clients’ strength and weaknesses in order to advise a company on what decisions would be most profitable.
The detailed study of some of the eminent national and multinational companies from different sectors and a wide range of industries gave an insight about the discussed companies and industries. it would help you to develop an understanding of how to analyse the information when received, collected or made available from different sources for understanding, analysis, and reporting in day to day business life. With a detailed company profile, one can get an insight into each company’s competitors’ strengths, weaknesses, strategies and performance. Business news focuses primarily on market or policy news as well as its position in terms of its competition, as it is relevant to business owners, economists, financiers, public policy makers, business analysts, professors, researchers and students.