Dr. Varadraj BapatIndian Institute of Technology, Mumbaivaradraj@som.iitb.ac.in9892413119

- , , | , , |

| , - -, | , , , , , | , | |

0

- - | , : | , , , | , , |

---

, | (Honesty is the best business policy)| (Honesty is the best policy) , | (Honesty is not a policy but a principle). , - |

( ), ( ), ( ), ( ) |

( )

( )

( )

| - | , : : | , |

Global Health Expenditure as % of GDP

Source: World Health Organization apps.who.int/nha/database

Health Expenditure in USA as % of GDPSource: World Health Organization apps.who.int/nha/database

| | : | , , |

| , | , |

| | , - (manipulative and competitive) , - - |

, | | ; | , | - |

, | | : | : ( , ) | , | - |

, ( , , -, ) ( , - ) |: , |

| (technical) (institutional) - , | | |

| , , , ( ) | , , - , , , |

(i) (men) (ii) (material)(iii) (money) (iv) (machinery)(v) (management) (vi) (motive power)

(vii) (market)

| : |

(men)

(material)

(money)

(machinery)

(management)

(motive power)

( Industrial market)

x x = , = , = , = , = () | () ( ) ( ) () |

| , , | | | .... | , | | |

| ; | | - | - , |

| , , , - , - | ---- : , : : : | ( ; )|

(i) - I(ii) : | , | | | , , |

, ,

, , , : I | , , , , - , - , |

|

- |

, , , | | : |

PPT prepared from Article by Shri. Bajarang Lal GuptaCompiled by Dr. CA. Varadraj Bapat, Faculty in Finance, IIT BombayEdited by Ms. Aishwarya Torne65