Intro: Business, Finance, Marketing and Industry.

What is finance? it is the lifeblood of any business as a form of money resources like capital, retained earning, or loans.

finance is used to fund every business process.

effective financial management is balancing retained earnings and loans carefully to run a business.

success of financial aspects of business depends on:

1. best proportion of capital loans and retained earnings.

2. utilization of financial resources.

3. effective financial management.

insurance is the protection of a business from the risks and possible losses out of their predictions.

marketing is the process of moving goods from Pop to Poc. it is the composite of buying selling and storing goods and transporting.

industry is the systemic economic activity. it is also a branch of manufacture and trade. there are 2 defining industries like by groups or by manufacturing.

2 kinds of industries: size or production process.