Essential elements of Rationalization are: 1. combination 2 standardization 3. specialization 4...
Author - admin
Stock Exchange is the Barometer of Economic Prosperity of a...
Stock Exchange Stock exchange is an organized market for the purchase and sale or listed financial...
Function of produce exchange / Listing of securities
1. Functions of Produce Exchange Produce Exchange are playing an important role in the economic...
Time Wage and Piece Wage Systems / merits and demerits
Meaning of Time Wage System It is the oldest system of remunerating labour. Under the day-work...
Limited Liability Partnership / merits and demerits
Concept of LLP Limited Liability Partnership enterprise, the worldwide recognized form of business...
Ideal Partnership / main features
An ideal partnership is a word used for a successful business. It is a business where all the...
Characteristics of industry, trade and commerce
Industry The term industry is used for activities in which mechanical appliances and technical...
The Joint Stock Company
“A Joint Stock Company is a voluntary association of individuals for profit, having a capital...
Sole propritor and its advantages and disadvantages
W. R. Basset and refers to sole-proprietorship form of business organisation. According to Haney...
Characteristics of a Partnership
Definition Under partnership organisation, two or more persons, who are competent, agree to carry...