Advantages and Disadvantages of Company | Explained
What is a Company? A company may be defined as a voluntary association of persons, recognized by law, having a…
What is a Company? A company may be defined as a voluntary association of persons, recognized by law, having a…
Advantages of Partnership The advantages of partnership are as follows: Easy Formation Larger Financial Resources Flexibility Combined Abilities and Balanced…
Meaning of Partnership The need for a partnership firm form of organization arose from the limitations of a sole proprietorship.…
Meaning of Sole Proprietorship Sole proprietorship (also, called sole trade organization) is the oldest form of business ownership in India.…
What is Competency? In simple terms, competence is an underlying characteristic of a person that leads to his/her effective or…
These personal traits make an entrepreneur a successful person. However, it must be stated that no entrepreneur possesses all these…
The criterion of per capita income can be considered a good indicator of regional variations in economic development. As economic…
Nature of Entrepreneurship Entrepreneurship is a creative and innovative action process of entrepreneurs towards establishing an enterprise. Following are some…
Employee absenteeism is a costly problem in the United States. Billions of dollars worth of productivity are lost every year.…
What are Small Scale Industries? Small Scale Industries (SSIs) in India are businesses characterized by relatively small investments in machinery,…