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Chirag Saini 6 years, 7 months ago
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#Aditi~ Angel???? 6 years, 7 months ago
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Chirag Saini 6 years, 7 months ago
Posted by Rishav Anand 6 years, 8 months ago
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Posted by Saad Mustafa 6 years, 8 months ago
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Yogita Ingle 6 years, 8 months ago
- Unlike a departmental store in a chain store, the variety of products and the number of choices are limited
- Individual stores become dependent on the home office and generally do not show any initiative or drive to ramp up sales
- These stores are not well adapted to changing demand. Since they have huge inventories they may face losses if the market demand changes
Posted by Aryan Malik 6 years, 8 months ago
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Sanskar Tiwari 6 years, 6 months ago
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Hiru ? 6 years, 8 months ago
Posted by Mt Creation 6 years, 8 months ago
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Posted by Vidit Singh Thakur 6 years, 8 months ago
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Posted by Súfyāñ Khan 6 years, 8 months ago
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Yogita Ingle 6 years, 8 months ago
Merits:
- Ease of formation: It can be started with minimum of 10 members. Registration is also easy as it requires very few legal formalities.
- Limited liability: The liability of members is limited to the extent of their capital contribution.
- Stable existence: Due to registration it is a separate legal entity and is not affected by death, lunacy or insolvency of any of its members.
- Economy in operations: There is economy in operation due to elimination of middle man and voluntary services provided by its members.
- Government support: Government provides support by giving loans at lower interest rates, subsidies and by charging less taxes.
- Social utility: It promotes personal liberty, social justice and mutual cooperation. They help to prevent concentration of economic power in a few hands.
Posted by Riya Riya 6 years, 8 months ago
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Yogita Ingle 6 years, 8 months ago
| Life insurance can be understood as the insurance contract, in which the life risk of an individual is covered. | General insurance refers to the insurance, which are not covered under life insurance and includes various types of insurance, i.e. fire, marine, motor, etc. |
| It is a form of investment. | It is a contract of indemnity. |
| Long term | Short term |
| Insurable amount is paid, either on the occurrence of the event, or on maturity. | Loss is reimbursed, or liability incurred will be repaid on the occurrence of uncertain event. |
| Premium has to be paid over the years. | Premium should be paid in lump sum. |
| Must be present at the time of contract. | Must be present, both at the time of contract and at the time of loss. |
| It can be done for any value based on the premium the policy holder willing to pay. | The amount payable under non-life insurance is confined to the actual loss suffered or liability uncured, irrespective of the policy amount. |
| Life insurance place has a component in savings. | General insurance has no such savings componen |
Posted by Riya Riya 6 years, 8 months ago
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Posted by Riya Riya 6 years, 8 months ago
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Yogita Ingle 6 years, 8 months ago
Outsourcing is hitherto another trend that is fundamentally reshaping business. It refers to a long-term contract generally, the non-core. Recently, even some of the core activities are outsourced to a third party specialists with a view to benefit from their experience, speciality, efficiency and, also investment, this phenomenon has undoubtedly become global.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
- Particular Partnership
- Partnership Deed.
- Pradeep-sleeping partner, Ravi-Active Partner
- Merits:
i. A Firm can file a suit against the other firm or other third parties.
ii. Firm can file suit against partners.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
i. It is a limited partnership.
ii. Violation of Government rules & social responsibility not fulfill.
iii. B2B Commerce.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
i. Peddlars and hawkers
ii. Speciality shop
iii. Street traders.
Posted by Riya Riya 6 years, 8 months ago
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Aa_M _Iii 6 years, 7 months ago
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
Industrial Activities :
i. Production
ii. Product Development
iii. Inventory Management.
Commercial Activities:
i. Placing an Order
ii. Receiving Delivery
iii. Making Payment.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
No, because minimum subscription is 90% and ABC Ltd. got applications for 50% issue.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
Indian Chambers of Commerce and Industry (ICCI) is playing a catalytic role in strengthening internal trade to make it an important part of overall economic activity.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
Joint Venture
1. Since the local partner also contributes to the equity capital of such a venture, the international firm finds it financially less burdensome to expand globally.
2. Joint ventures make it possible to execute large projects requiring huge capital outlays and manpower.
3. The foreign business firm benefits from a local partner’s knowledge of the host countries as regards to competitive conditions, culture, language, political systems and business systems.
4. In many cases entering into a foreign market is very costly and risky. This can be avoided by sharing costs and/or risks with a local partner under joint venture agreements.
Posted by Riya Riya 6 years, 8 months ago
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Gaurav Seth 6 years, 8 months ago
Mail Order Houses
Two Advantages
i. They can be started with low amount of capital.
ii. They don't require the services of middle man so they are eliminated.
Two Disadvantages
i. There is no personal contact between buyers & sellers.
ii. They rely heavily on advertisement (or any other appropriate advantage or disadvantage)
Values : Providing quality product (or any other appropriate value)
Posted by Riya Riya 6 years, 8 months ago
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Posted by Akanksha Singh 6 years, 8 months ago
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