Concept of Business

Concept of Business is a foundational academic textbook designed for B.Com Semester 1 students of Chhattisgarh universities. Written in English by Dr. Padmakar Asthana and Dr. I. M. Sahai, this book provides a clear and systematic understanding of the basic concepts, nature, and scope of business.

The book covers essential topics such as meaning and objectives of business, evolution of business, forms of business organization, trade and commerce, industry, business environment, entrepreneurship, business ethics, and the role of business in economic development. The content is structured to help beginners develop a strong conceptual foundation in commerce and management studies.

Special emphasis has been given to conceptual clarity, definitions, illustrations, and exam-oriented presentation, making the book highly useful for university examinations. The language is simple, clear, and academic English, ideal for first-semester undergraduate students.

Prepared strictly according to the B.Com Semester 1 syllabus of Chhattisgarh, this book is an essential resource for students, teachers, and academic libraries.