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Do you know how does a businessman run his business? Can you guess the problems and procedures related to it? Have you ever thought about the various factors he has to bring together for the smooth functioning of his business? Perhaps some of you may know the answer. In order to run a business one has to bring certain human and non-human factors together. What kind of human factors are required for the business? Ÿ Employees, Suppliers, Creditors, Customers etc. In addition to these, what are the non –human factors? Ÿ Money, Materials, Machines, Technology etc. The businessman organises all these factors for the business. But it is a fact that he cannot sit idle even after everything has arranged and the business started its functioning. A number of problems may arise in future such as financial crisis, technological changes, customer preferences, government policies, competition etc.