If we could not deny the importance of money in business, then we can also never deny the importance of credit in business. Since the supply of money is the lifeblood of a borrowing economy, there are two sources which meet the capital requirements of the business. These are the savings of the people and […]
Business Risk and the Types of Business Risks
Any sort of risk in business is known as business risk. No business is business without risk and business may suffer losses due to break down in machinery, strike by workers, theft of goods, misappropriation of cash etc. The losses in business can also be caused by a fall in demand for the product, rise […]
Salesmanship – Methods of Sales Promotion
In the words of G.Black “Salesmanship consists of wining the buyer’s confidence for the sellers goods, thereby wining a regular and permanent customer”. With the revolution in the means of transport, the importance of sales functions has further increased. Goods are produced not only for selling in the home market, but also in other different […]
4 Different Types of Warehouses That Are Common & Important
Define warehouse and what are the various types of warehouses, which probably used in the market today for storing different products.
Joint Stock Company: Characteristic and Features
The features of a Joint company are important to understand while studying business. Here are the 8 features of joint stock company formation.