Advantages and disadvantages of Stock Control Cards
Records are kept in a more compact manner so that reference to them is facilitated. On the spot comparison of the physical stock of an item with its book balance is not facilitated.
Tag Archives | advantages
3 advantages and disadvantages of using Bin cards
There would be less chances of mistakes being made as entries will be made at the same time as goods are received or issued by the person actually handling the materials. Store records are dispersed over a wide area.
Advantages and disadvantages of LIFO method in cost accounting
Last-in-First out method (LIFO) - It is a method of pricing the issues of materials. This method is based on the assumption that the items of the last batch (lot) purchased are the first to be issued.
11 advantages of a good cost accounting system
Important advantages of a Cost Accounting System may be listed as below : A good Cost Accounting System helps in identifying unprofitable activities, losses or inefficiencies in any form.
What are the advantages of pre-approach in salesmanship ?
Pre-approach is the second step in sales process. After the salesman collects the names and addresses of the prospects, the pre-approach stage commences.
7 major advantages of salesmanship
Good salesmanship ultimately leads to the economic development and progress of a country and to the general rise in the standard of living. When sales are good, industry, trade and commerce prosper and the country as a whole gets benefit.
5 essential advantages of salesmanship
Salesmanship is the art of selling product or services. It is the art of convincing customers to buy a certain product or service. In the competitive modern day world the importance and utility of salesmanship has been increasing day by day.
What are the advantages and disadvantages of private property?
An outstanding feature of modern economic life is the institution of private property. By private property, we mean the things owned exclusively by a person or group of persons with the rights to use them as they desire.
What are the advantages and disadvantages of division of labor?
By division of labor we mean an arrangement where by people perform different functions at the same time. Though the term, 'Division of labor' is applied in the field of economics, yet infact division of labor in modern society is not limited simply to labor but applies to all the factors of production and exists beyond the purely economic field.
Complete information on the meaning, advantage and limitation of activity-centered curriculum
According to M.K. Gandhi, education is the development of all the aspects i.e. body, mind and spirit. So mind without activities can not develop the personality perfectly. So education must give importance to activities.