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Existence of business and trade among different parts of the world has been a vital to its functioning since time immemorial. However, it was only after Globalization that the scale and volume of trade started reaching sky rocketing heights. Due to advancements in the transportation and communication technology, since the 18th century, interaction and integration among people, countries and governments worldwide saw an upsurge. This led to increased demand of varied products across the globe and consequently a wide-range of business opportunities rose. 

Since business is universal, different geographical locations have different advantages over one another. Depending on a country’s regulations, the entrepreneurs struggle or thrive when starting a business. The World Bank Group annually releases ‘Doing Business’ report which measures the ease of operating a business based on 12 key factors, which can be categorized under 5 heads – namely, 

01. Opening a business

• Starting a business
• Employing workers

02. Getting a location 

• Dealing with construction permits 
• Getting electricity 
• Registering property 

03. Accessing finance 

• Getting credit
• Protecting minority investors 

04. Dealing with day-to-day operations 

• Paying taxes 
• Trading across borders 
• Contracting with the government 

05. Operating in a secure business environment 

• Enforcing contracts 
• Resolving insolvency 

The Doing Business (DB) ranking measures a country’s processes and regulations that support freedom and ease of doing business. It scores a country’s performance in each of the factors mentioned above out of a total 100. 

For many developing countries, the cost of starting a business has fallen over time, which has given small entrepreneurs an opportunity to break into the global market. The factors that facilitate ease of doing business are conducive to economic growth as they determine and affect the business environment in the various economies.

The scope and dynamics of business environment is so interesting and fascinating that every year huge number of students apply for degree courses in business environment offered by several universities and colleges across the globe. The curriculum of these courses is so well-crafted that students often need assignment help to be able to complete their work and studies in time, but it makes them technically adept to be able to work in real-life situations. 

The business environment assignment help experts at Archlite have written in brief about the top 4 countries in ease of doing business, that we hope our readers would be interested to know about! Through years of writing and professional experience our team has realized the importance of knowledge and how it gives an edge to one’s personality. So, we try and bring to you interesting pieces of information that you’ll enjoy and may share with others too. Now without further ado, let’s take a read! 

• NEW ZEALAND 

With a Doing Business score of 86.8 out of 100, New Zealand tops the list of countries in ease of doing business. An island country in the southwestern Pacific Ocean, New Zealand has toped this list for the fourth time in a row. It only requires half a day to start a business here. Entrepreneurs have to apply online for registration with the Companies Office (including IRD number application and registration for GST), through their website.  

• SINGAPORE 

A sovereign island city-state in maritime Southeast Asia, Singapore scored an 86.2 out of 100 in the Doing Business report. Apart from offering a safe and secure environment, the time here taken to start a business is very less, only a day or even less than that. There is on-line registration with the Accounting and Corporate Regulatory Authority (ACRA) including company name search and filing the company incorporation and tax number (GST). And also, the entrepreneur has to sign-up for Employee Compensation Insurance at an insurance agency.  

• HONG KONG

Hong Kong is a metropolitan area and special administrative region of the People’s Republic of China on the eastern Pearl River Delta of the South China Sea. It scored 85.3 out of 100 in ease of doing business. Entrepreneurs have to choose a unique company name (which may be in English, traditional Chinese or both), and obtain a certificate of incorporation and a business registration certificate. After that, sign-up for Employee’s Compensation Insurance and Mandatory Provident Fund (MPF) Schemes with a private company or a bank.  

• DENMARK 

Denmark is a Scandinavian country in Northern Europe, comprising of the Jutland Peninsula and numerous islands. With a score of 85.3 out of 100, similar to that of Hong Kong, it is fourth on the list of ease of doing business since the procedures here are more. First, the entrepreneur needs to obtain a NemID signature from the Danish Agency for Digitization. Then an amount has to be deposited as startup capital at a bank and then register the company with the Danish Business Authority (DAB). After this the employer also has to register with the Danish Business Authority. Lastly, the employees are to be registered with workmen’s insurance.

We hope that you found this post informative, it helped you increase your knowledge about the position of global business environment, and above most of all, that you enjoyed reading it. Pursuing a degree in business environment is not a child’s play. Students have to work day and night to complete their assignments in time, finish the curriculum for exams as well as work to make their ends meet and manage their own expenses. All of this gets too much to handle sometimes, and the students are not able to get the grades they desire. Have you been struggling the same way? Whatever may be the reason, if you’re having trouble keeping up with the assignments, then you should take the best business environment assignment help in UK offered by Archlite. 

The writers working here have years of experience and in-depth knowledge about the subject at hand. They can work on any topic pertaining to business environment no matter how tricky it is. That is the reason why so many students trust our services and are never disappointed. So, what are you weighing up? Take assignment writing services from us and be ready to thrive in academics. We are just a call away!

Marketing has been described, by The New York Times, as the “art of telling stories so enthralling that people lose track of their wallets”. In a world as globalized as it is today, marketing has become the primary component of business management and commerce. The origins of marketing can be found in the process of exchange of one good for another (the barter system) among the people. It was only after the Industrial Revolution, in the 1900s that it emerged as a discreet discipline, however it didn’t affect most companies right away. 

Today, it is through the process of marketing that the movement and exchange of goods and services has become so much more efficient and easier. According to Prof. Haney Hansen, marketing involves the design of the products acceptable to the consumers and the conduct of those activities which facilitate the transfer of ownership between seller and buyer. The improvement in the standard of living over the period of time has been partly due to the evolution of marketing. 

Since the field of marketing management is filled with innovations and opportunities, it is really intriguing. Hence, every year several students opt to pursue a career in marketing and go for a degree course in marketing management. When it comes to this subject at hand there are five concepts that are extensively talked about. Assignment help experts at Archlite have explained the five marketing concepts here in this blog. Through years of marketing assignment help and marketing assignment writing, our writers have come to understand the significance of these concepts and thus have explained them in the easiest terms possible. So, without further ado, let’s take a read!

• THE PRODUCTION CONCEPT
  The Production Concept states that the consumers favor products that are readily available and highly affordable. It is the most operation-oriented concept as compared to the other concepts. This approach is highly effective where the potential of economies of scale is significant. The only concern here is that the quality might be compromised and there could be customer service problems due to impersonal production.
• THE PRODUCT CONCEPT
  The Product Concept is opposite of the Production Concept in the sense that it focuses on the quality, innovation and performance of the product rather than its low cost and its quantity. Thus, under this marketing strategy, businesses concentrate on making superior products and improving them over time. Apple Inc. is the best example of this concept in action. Apple manufactures high quality technological devices, its focus on the quality and the standard of its products over the period of time has been so that its target audience now eagerly anticipates the company’s new releases.
• THE SELLING CONCEPT
  Marketing on the Selling Concept involves extensive advertising and aggressive convincing of customers just to get them to buy the product. It frequently excludes customer satisfaction efforts and does not usually lead to repeat purchases. The selling concept is thus centered on the belief that the customers must be induced to buy a product through zealous marketing of the benefits of the product or the service because it is not a necessity. The best example of the selling concept in action is soda pop. Everyone is well aware of the fact that soda pops like Coca Cola, Pepsi etc. lack the nutritional value and are bad for health. That is the reason why they spend an astonishing amount of money on promoting and selling their product.

• THE MARKETING CONCEPT
  The Marketing Concept takes a “customer first” approach. It believes that in order to achieve organizational goals it is necessary to know the needs and the wants of the target markets and deliver the desired satisfaction better than the competitors do. Hence, we can say that it is a concept of competition. Under this approach, the marketers focus on the needs of the target market and develop products to specifically address their needs. This creates a sense of satisfaction among the customers and also builds up brand loyalty. Glossier is the best example for the marketing concept in action. The company introduced a line of skincare and makeup products that not only nourish the skin but are also easy to apply and encourage individualism. This was done after they noticed that women were unhappy with the side effects of makeup and were fed up with being told what product to use.
• THE SOCIETAL CONCEPT
  The Societal Concept has evolved from the Marketing Concept. It is an emerging one that emphasizes the welfare of society. It is based on the idea that marketers have a moral responsibility to promote what’s good for the people over what they might want, regardless of the company’s sales goals. Hence, the societal concept of marketing it the most progressive and modern-day mindset as compared to the rest. Its primary focus is to give back to society by producing better products that help the world be a better place.

We hope that this post helped you to understand these concepts and will assist you in your study. Pursuing a degree in marketing management is not a child’s play. Students work day and night to complete their assignments in time as well as finish the curriculum for exams. All of this sometimes gets too much to handle, and the students are not able to get the grades they desire. Have you been struggling the same way? Whatever may be the reason, if you’re having trouble keeping up with the assignments, then you should take marketing assignment writing services from the expert writers at Archlite. 

The writers working here have years of experience and in-depth knowledge about the subject at hand. They can work on any marketing management aspect no matter how tricky it is. That is the reason why professional writers at Archlite provide the best assignment help. So, what are you weighing up? Take assignment writing services from us and be ready to thrive in academics. We are just a call away!

Trade and Commerce have been an integral part of the major interactions between different organizations, nations and different places of the world. Whether it is of goods and commodities or of services, it is only because of a rising level of these activities over a period of time that the world eventually became an integrated economy. Trade and Commerce originated with human communication in prehistoric times. Trading was the main facility of prehistoric people, who bartered goods and services from each other before the innovation of modern-day currency. With the increase in the volume of trade and commerce came a need to record or maintain an account for the transactions that were taking place. 

The history of accounting or accountancy can be traced to ancient civilizations. Many historians hypothesize that one reason writing systems were developed was to record trade transactions. Some of the early writings discovered by archeologists are accounts of tax records on clay tablets. The early development of accounting dates to ancient Mesopotamia and is closely related to early auditing systems by the ancient Egyptians and Babylonians. By the time of the Roman Empire, the government had access to detailed financial information. 

In 2019, the global trade value of goods exported throughout the world amounted to approximately 19 trillion U.S. dollars. In comparison, this figure stood at around 6.45 trillion U.S. dollars in 2000. From this the fact is quite evident that, in the years to come, after the market recovers from the shock by the pandemic, the volumes of transactions are expected to rise. Since the scope of trade and commerce is so dynamic and diverse, the significance of its study, and a clear understanding of accounting system or accountancy automatically seems essential. Every year several students enroll themselves into top-notch universities and colleges and pursue degree courses in accounting, trade, commerce and management that’ll equip them to build a  lucrative professional life. 

Keeping this vision in mind, the accounting assignment writing services experts at Archlite believe that knowing a brief history of the subject one is pursuing a degree in, helps immensely in developing a deeper understanding of the subject and the related concepts. Through years of experience in assignment writing services our team tries to briefly explain the evolution of accounting systems by dividing it in four parts for easy comprehension that would positively intrigue our readers. So, without further ado, let’s take a read!

01. Ancient History 

Accounting records dating back more than 7,000 years have been found in different parts of the world, in the ruins of different ancient civilizations like in Mesopotamia, Babylon, Assyria and Sumer. The people of that time relied on primitive accounting methods to record the growth of crops and herds. With expansion in the business activities the role of an accountant also expanded. Auditing systems were needed for checking movements in and out of storehouses. Also, the importance of taxation had created the need for the recording of payments.

02. Roman Empire 

By the time of Emperor Augustus, the Roman government had access to detailed financial information as evidenced by the Res Gestae Divi Augusti (Latin: “The Deed of the Divine Augustus”). The inscription listed and quantified his public expenditure, including distributions to the people, grants of land or money to army veterans, subsidies to the treasury, building of temples, and religious offerings, covering a period of about 40 years. The scope of accounting information at the emperor’s disposal suggests that its purpose encompassed planning and decision making.   

03. Medieval and Renaissance Period 

In the eight century, Persia, al-Khwarizmi (known as Algorithmi in Europe) established the mathematics of algebra and laid guidelines on double entry bookkeeping required for the solution to the Islamic inheritance allocations. The three-fundamental accounting-algebraic concepts his book introduces are:

• Debits = Credits 
• Real Accounts 
• Nominal Accounts 

Then later, in the Renaissance period, Luca Pacioli published a book which explained the Hindu-Arabic numerals, new developments in mathematics, and the system of double-entry in Italian vernacular language, and it became popular among the influential merchant class. His work represents the first known printed treatise on bookkeeping, and is widely believed to be the forerunner of modern bookkeeping practice. 

With the development of Joint-Stock Companies the audiences for accounting information increased. This development resulted in a split of accounting systems for internal (i.e., management accounting) and external (i.e., financial accounting) purposes. 

04. Modern Professional Accounting

Modern Accounting is a product of centuries of thought, custom, habit, action and convention. The current state of this profession got formed by two concepts. Firstly, the development of double-entry bookkeeping system, and secondly, accountancy professionalization. The modern profession of chartered accountant originated in Scotland in the 19th century. When Britain’s Industrial Revolution was in big swing, companies proliferated and the demand for reliable accountancy shot up, consequently the profession became an integral part of the business and financial system. 

We hope that this post intrigued you and kindled further interest in learning more about the same. Pursuing a college degree in accountancy is not a child’s play. There are so many typical concepts to understand and master. Students work day and night to complete their assignments in time as well as finish the curriculum for exams. Managing it all together is grueling, and the students are not able to get the grades they desire. Have you been struggling the same way? Whatever may be the reason, if you’re having trouble keeping up with the assignments, then you should take the best accounting assignment help offered by Archlite. Our team of professional writers has years of experience and in-depth knowledge about the subject at hand. They can work on any given topic, no matter how tricky it is. That is the reason why so many students trust our services and rest assured. So, what are you weighing up? Take assignment writing services from us and be ready to thrive in academics. We are just a call away!

Businesses work on the basis of various decisions taken in its operations. Any accurate decision can lead the organization to the path of further success and growth. Management of any company goes through different aspects in order to make a final decision. Students are keen to take this subject as it has tremendous opportunities around the globe. This stream of business management triggers the analytical and logical skills of the scholars, so that they can properly examine the situation and give their suggestions to the management. With the help of countless assignments, you can develop these abilities but many students are not able to give proper time to each assignment thus they slip into the lower grades. We have a team of academic writers to provide you with the best business decision making assignment writing services. We have subject experts who compose projects in simple language with perfect grammar.

The role of the decision making process is essential in any organisation. Let’s find out the main steps of the same:

1. Identify the problem:
   The first step in making the right decision is recognizing the problem or opportunity in front of us. You must try to analyze why taking a decision is important and what impact it is going to make on your customers or fellow employees.
2. Gather information:
   Always base your decision on the information gathered. The right data will help to take the correct choice. This requires making logical judgments, determining what information is relevant and what is not.  Ask yourself what you need to know in order to make the appropriate decision, then actively seek out for the same. This step also involves different departments and people so that you can get the exact information 
3. Identify alternatives:
   Once you have a clear idea about the issue, it’s time to identify the various solutions at your disposal. Undeniably, you might have various options when it comes to making your move. This helps you determine which course of action is the best way to achieve your objective.
4. Choose among alternatives:
   When you have gathered all the information and alternatives, it’s time for the final decision to make. Before choosing any option, you must be aware of the risk involved and take all the course of actions into consideration, make the right move. 
5. Take action:
   After knowing what is to be done, you can create an action plan and implement it. This involves identifying what resources are required and gaining support from employees and stakeholders. Aligning others with your decision is a key component of executing your plan effectively. 
6. Review your decision:
   An often-overlooked but important step in the decision making process is evaluating your decision for effectiveness. Ask yourself what you did well and what can be improved next time.

No business can go wrong when the decision making process is followed in the correct manner.The process is simple but long. It requires patience and proper market research to get the appropriate data. When the information is not right, the decision can never be suitable. 

This discipline of management has enormous career opportunities worldwide. Whether you join a big company or be your own boss, the decision making process will always come into picture. 

Many students take this fact very lightly, thus many assignments of this stream involve extensive market research to enhance this skill. Due to shortage of time, many scholars are incapable of submitting tasks on time. With the support of our business decision making assignment help, you can not only score good grades but secure a good future. We are just a click away to provide you with the best help in any kind of assignment writing.