A supply chain comprises of four or more companies including a wholesale company, an immediate supplier, marking firm, distribution firm and the transport companies working independently. Each such firm has its unique set of objectives conflicting each other. For example, maximum sales turnover and high customer service may conflict with distribution and transport firms. The […]
The main reason of writing this article is to bring in light the mentality of the people in India. The death of Dr A.P.J Abdul Kalam was really heart breaking, but the announcement of the holiday to pay tribute and respect to the great man is quite irrelevant.
Read this article to learn about the Meaning, Nature and Characteristic of Management!
Cost of capital is an important concept in financial management. Various financing and investing decisions depend upon the cost of capital of a firm. There are several factors that make cost of capital of a firm high or low.
‘A warehousing is an establishment for the storage and accumulation of goods’. Storage of goods takes place through the network of warehouses specially constructed for the purpose.
The four services covered by E-Banking are as follows: (i) EFT (Electronic Fund Transfer System) (ii) ATM’s (Automated Teller Machines) (iii) Credit Card (iv) Debit Card.
Bank draft is a facility allowed to customers for sending money to other places. Generally, banks allow this facility to the account holders only.
The term ‘merchant banking’ has been used differently in different parts of the world. While in U.K. merchant banking refers to the ‘accepting and issuing houses’, in U.S.A. it is known as ‘investment banking’.
A fisherman is basically a person who earns his livelihood by catching and selling fish. The fisherman usually lives in an area closer to a water body like a river, lake or canal.
India is the world’s largest democracy. With more than a billion people in the country, the population of the country is now four times that of the United States.