Profit Planning and Process
What is Profit Planning? Profit planning refers to the process by which a business sets specific financial goals and strategies…
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5 October 2023
5 Major Functions of Modern Office
Functions of Modern Office Entrepreneurs must understand that information is the product of the office of the organization and therefore,…
2 October 2023
5 Responsibilities of Office Management
Responsibilities of Office Management Since records are made by human beings, office management also includes the function of personnel, that…
2 October 2023
Franchising: Characteristics, Advantages, Disadvantages
What is Franchising? Franchising is the transfer of rights to sell a trademarked product or service through a system prescribed…
2 October 2023
Joint Stock Company: Characteristics, Advantages and Disadvantages
What is a Joint Stock Company? A Joint Stock Company form of business organization is given a legal status; is…
1 October 2023
Partnership: Characteristics, Advantages and Disadvantages
What is Partnership? Where two or more persons are associated with running a business with a view to earning a…
30 September 2023
Sole Proprietorship: Characteristics, Advantages and Disadvantages
What is Sole Proprietorship? When the ownership and management of a business are in the control of one individual, it…
30 September 2023
Business Organization: Characteristics, Types, Factors
What is a Business Organization? The resource of the organization needs to be properly combined to conduct the business successfully.…
30 September 2023
Problems Faced by Small Business
Though this sector has shown substantial progress, its major problems like inadequate credit flow from banks and financial institutions, inadequate…
30 September 2023
9 Characteristics of Small Scale Business
Characteristics of Small Scale Business The following are the characteristics of small scale business: High Labor Intensity Less Capital Intensive…
28 September 2023
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