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What is the means nd important of memorandum

Posted by Akanksha Tiwari 4 years, 2 months ago

CBSE > Class 11 > Business Studies

1 answers

Meghna Thapar 4 years, 2 months ago

A memorandum is a written statement or record, especially one circulated for the attention of colleagues at work. It relates to a note of something to be remembered. The word memorandum came from the Latin word 'memorare' which means to remember. In law, a memorandum means a document recording terms of contract. Memos have a twofold purpose: they bring attention to problems and they solve problems. They accomplish their goals by informing the reader about new information like policy changes, price increases, or by persuading the reader to take an action, such as attend a meeting, or change a current production procedure.

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