Sampling methods can be categorised into two types of sampling: Probability Sampling – In this sampling method the probability of each item in the universe to get selected for research is the same. Hence the sample collected through this method is totally random in nature. Therefore it is also knownRead More →
Sampling is simply a process for obtaining relevant information and making inferences about a population by analysing a small group of people within the population for the purpose of a research. It essentially involves selecting a small portion from the aggregate or total population and examining that portion in order toRead More →
A bill is a negotiable money market instrument used to finance trade related transactions. According to the Indian Negotiable Instruments Act, 1881, “It is an instrument in writing containing an unconditional order, signed by the maker of the bill, directing a certain person to pay a certain sum ofRead More →
Price control is a regulatory mechanism used by the government to achieve the social-economic goals of the country by supplementing efforts with direct and indirect control instruments. Price controls are simply government restrictions on prices of goods and services in the market. It is a regulatory tool that aims atRead More →
Corporate Governance is the process under which people in power, monitor, direct and lead an organization in order to create, modify or destroy the structure and procedures under which the organization operates. It deals with: Provision of fair return on investment to shareholders Development of a value oriented organization Creating transparencyRead More →
Environment is anything and everything surrounding us. It consists of the living and nonliving things around us. Characteristics of environment It is complex – It consists of many interrelated factors It is dynamic – Due to its shape and character It is multifaceted – The environment developed is perceivedRead More →
A Good Marketing plan is the backbone of all successful business enterprise. A Marketing Plan aims at planning the marketing strategies for a company. Preparing a marketing plan involves the task of analyzing market opportunities through Market Research, identifying profitable segments and targeting them through compounded marketing mix strategies (4P`s –Read More →
Leasing or Lease Financing is one of the most important and most flexible financial service. Lease A Lease is a contractual arrangement or transaction between two or more parties, in which one party owning an asset or equipment (lessor) provides an asset to another party (lessee) for use or transfers theRead More →
The procedure for the incorporation of a company can be understood through the following steps – Selection of the type of a company- The first step for incorporation of a company is to select the type of company the promoters or owners wish to form i.e. one person company, privateRead More →
In order to clearly understand the concept of industrial sickness we must first understands the difference between a sick unit and a healthy unit. A healthy unit or healthy industry is one which earns an adequate return on capital invested and is capable of earning profits. A sick unitRead More →
Meaning of Articles of Association Articles of association is a secondary document (primary document – memorandum) containing the laws regarding internal management of the company. According to sec 2(5) of the Companies Act, 2013 ‘Articles’ means the “Articles Of Association of a company as originally framed or as altered from timeRead More →
Quality is fitness for use, the extent to which a service successfully serves the purpose at user. Service Quality refers to the difference between customer expectations and service provider`s actual performance. FACTORS AFFECTING SERVICE QUALITY Access – Ease and approachability of service Aesthetics – The extent to which serviceRead More →