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Harsh Panchal 5 years, 9 months ago
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Posted by Shruti Gupta 5 years, 9 months ago
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Gaurav Seth 5 years, 9 months ago
Working capital is required in day to day operations of business
Working capital is required by a business for the purchase of raw materials and for meeting day-to-day expenses such as wages, salaries, rents, taxes, interest, etc. It may be defined as the capital invested in the working or current assets, such as raw materials, semifinished goods, finished goods, debts recoverable from the customers to whom goods have been sold on credit, and so on. Working capital is also referred to as the circulating capital or revolving capital.
Posted by Shruti Gupta 5 years, 9 months ago
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Gaurav Seth 5 years, 9 months ago
Firms usually keep a certain part of the profits earned before distributing dividends to their shareholders. These undistributed profits are retained in the business for future use and are known as retained earnings. Retained earnings
are called self financing as a part of these funds are reinvested in the business.
Harsh Panchal 5 years, 9 months ago
Posted by Shaikh Makbul 5 years, 9 months ago
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Gaurav Seth 5 years, 9 months ago
Trade credit is the credit extended by one trader to another for the purchase of goods and services. Trade credit facilitates the purchase of supplies without immediate payment such credit appears in the records of the buyer of goods as ‘sundry creditors’ or ‘accounts payable’.
Merits of trade credit are as follows:
1. Trade credit is convenient and continuous source of funds.
2. Trade credit may be readily available in case the credit worthiness of the customers is known to the seller.
3. Trade credit needs to promote the sales of an organisation.
4. It an organisation wants to increase its inventory level in order to meet expected rise in the sales volume in the near future, it may use trade credit to, finance the same.
5. It does not create any charge on the assets of the firm while providing funds.
Demerits are as follows :
1. Availability of easy and flexible trade credit facilities may induce a firm to indulge in overtrading, which may add to the risks of the firm.
2. Only limited amount of funds can be generated through trade credit.
3. It is generally a costly source of funds as compared to most other sources of raising money.
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Yogita Ingle 5 years, 9 months ago
1) Multinational Coorporation is a large company that owns or regulate production across nations.
2) They set up offices and factories where they get favorable factor such as availability of raw materials,cheap skilled and unskilled labours,transport and market and most importantly liberalised(free of trade restriction)government policies.
Example : Cargill foods ,ford motors etc.
Posted by Uddeshya Srivastav 5 years, 9 months ago
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Yogita Ingle 5 years, 9 months ago
1) Multinational Coorporation is a large company that owns or regulate production across nations.
2) They set up offices and factories where they get favorable factor such as availability of raw materials,cheap skilled and unskilled labours,transport and market and most importantly liberalised(free of trade restriction)government policies.
Example : Cargill foods ,ford motors etc.
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Pranjal Tripathi 5 years, 9 months ago
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Sia ? 3 years, 5 months ago
| Points | Co-operative Society | Partnership Firm |
| 1. Meaning | Co-operative Society is a voluntary association of individuals Which is formed for providing services to its members. | A partnership firm is formed by two or more persons to do business and share profits. |
| 2. Number of members | Minimum ten persons and maximum no limit. | Minimum two persons and a maximum of fifty persons. |
| 3. Registration | It is compulsory. | It is not compulsory in India, but compulsory is Maharashtra |
| 4. Liability | The liability of members is limited up to the extent of the unpaid amount on shares held by them. | The liability of partners is unlimited, joint, and several. |
| 5. Secrecy | It is not possible to maintain secrecy iii a Co-operative Society. | The company has huge capital. |
| 6. Management | Managing Committee manages the society according to its bye-laws. | All partners are involved in the management of the firm. |
| 7. Stability | Stability is not affected by death, insolvency, or lunacy of a member. | The stability of a firm is affected by death, insolvency or lunacy of a partner. |
| 8. Government Control | There is a lot of government supervision and control. | There is minimum government supervision for a partnership firm. |
| 9. Act | Co-operative Societies have to follow the Indian Co-operative Societies Act, 1912. In Maharashtra, societies have to follow the Maharashtra Co-operative Societies Act, 1960. | Partnership firms are governed by the Indian Partnership Act, 1932. |
| 10. Motive | The motive is to give maximum services to the people. | The motive is to earn profits. |
| 11. Legal Status | A Co-operative Society enjoys an independent legal status, distinct from its members. | Partnership firms do not have an independent legal status. Partners and the firms are one and the same. |
| 12. Transfer of shares | Members can surrender shares to society. | Partners cannot transfer the shares without the consent of other partners. |
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Gaurav Seth 5 years, 9 months ago
Public-Private Partnership refers to the involvement of private sector in the Govt, projects aimed at public benefit in the form of management expertise and monetary contribution.
The following are the main features of PPP :
PPPs are related to high priority Govt, planned projects.
(2)PPP’s main objective is to combine the skills, expertise and experience of both public and private sectors to deliver high quality services.
(3)PPPs divide the risk between public and private sector.
(4)The Govt, remains accountable for the quality and costs of the services.
(5)PPPs are used in the Govt, projects aimed at public benefit.
(6)PPPs projects lead to faster implementation and reduced life cycle.
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Akshit Jain 5 years, 9 months ago
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