What is Retail Trade?
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Retail Trade: Retail Trade is the last link in the chain of distribution. The word “retailer” is an adaptation of “re-tailer”, a French word which means ‘to cut again.’ …
Business
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What is Wholesale Trade?
Wholesale Trade Wholesale Trade: The wholesale trade denotes buying goods in large quantities from the manufacturer selling them in small quantities to the retailers who meet the needs of the …
What is Institutional Finance?
Institutional Finance: A number of financial institutions have been set up by the Central and State government to provide long term capital to the industries and business enterprises. Demand or …
What is Small Business?
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Small Business: Business can be organized on large-scale, medium-scale or small-scale. There is no clear cut definition on small-business. Again, small business is different from small industry. The term ‘business’ …
What is International Financing?
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InInternational Financing: Globalization has helped Indian Companies to obtain funds from global capital. Sources of Obtaining Funds: Following are some of the international sources of obtaining funds: 1. Commercial Banks: …
What is Business Finance?
Business Finance: Finance implies the provision of money at the time it is needed. All the plans of business may remain a mere dream unless adequate money is available to …
Social Responsibility
Social Responsibility: Social responsibility refers to the obligations of businessmen to pursue those policies, to make those decisions or to follow those lines of action, which are desirable in terms …
What is Business Ethics?
Concept Of Business Ethics: “Business ethics is an art and science of maintaining a proper harmonious relationship with society’s various groups and institutions as well as recognizing the normal responsibility …
Memorandum of Association
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Memorandum of Association: Memorandum of Association is a document that contains the objects for which the company is formed, and therefore, identifies the possible scopes its operations beyond which its …