Art Form
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...Barter System is that system in which goods are exchanged for goods. In ancient times when money was not invented trade as a whole was on barter system. This was possible only in a simple economy but after the development of economy, direct exchange of goods without the use of money, was not without defects. There were various defects in this system. These were the following; 1. Double Coincidence.... More >>
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...1. Money as a Medium of Exchange:The function of money as a medium of exchange solves all the difficulties of barter system. There is no necessity for a double coincidence of wants in the money economy. The man with cow who wants to purchase cloth need not seek a cloth seller who wants a cow. He can sell his cow in the market for money and then purchase cloth with the money obtained. 2. Money as M.... More >>
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Sole proprietorship and its characteristics
...Introduction The individual proprietorship or sore proprietorship is the oldest form of business organization. It is as old as the civilization itself. Historically, it appears that business started first with this form of organization. It is the simplest and natural type of organization. Sole proprietorship is also called individual proprietorship, or one man business. Sole proprietorship is a fo.... More >>
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...Bill of ExchangeA bill of exchange is playing an important part in the commercial life of the country. The need for it arises where the buyer Purchase goods needs a period of credit before paying it. It is drawn by the creditor and is accepted by the debtor.According to F.W. Muller, a bill of exchange is an unconditional order in writing addressed by one person to another, signed by the person giv.... More >>
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Business organization nature and scope
...arning of profit through the satisfaction of the customers are the two measuring rods of the success of a business. (2) OrganizationThe meaning of the word organization is generally divided into two parts (i) material organization and (ii) human organization. (i) Material OrganizationThe material organization is the determining and providing of necessary raw materials, tools, capital, personnel et.... More >>
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Salient features or characteristics of partnership
...Definitions of Partnership. A partnership is an association of two at more persons to carry on as co owners of a business and to share its profits and losses. Section 4 of the Partnership Act defines partnership as “the relation between persons who have agreed to share the profits of a business carried on by all or any one of them acting for all.” ‘Persons who have entered into partnership w.... More >>
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...IGNOU has structured its B.Ed 2011 especially for students to make them experiences and strengthen the professional competencies of in-service teachers. To imbibe knowledge and develop an understanding of the various methods and approaches of organizing learning experiences of secondary school students. To develop skills required in selecting and organising learning experiences. To understand.... More >>
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Ideal solution for credit shortage
...e loan seekers must own an active and reviewable bank account, because the lenders transfer the sanctioned cash to the bank account of the loan seekers electronically. Rosie Skylar is Author of this Article. For more information about Payday Loans No Document Please visit http://www.paydayloansnodocument.co.uk/.... More >>
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Quantity theory of money by irving fisher
...TRANSACT APPROACHIrving Fisher an American economist, put forward the Cash Transaction Approach to the quantity theory of money. He in his book The Purchasing Power of Money (1911) has stated that the value of money in a given period of time depends upon the quant t money in circulation in the economy It is the quantity of money which determines t general price level and the value of money Any cha.... More >>
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Merits and demerits of partnership form of organization
...What is partnership?Partnership is an association of two or more individuals (but not more than 20) who agree to share the profits of a lawful business which is managed and carried on either by all or by any, or some of them acting for all. According to Haney, “Partnership is the relation between persons competing to make contract who agree to carry on a lawful business In common with a view of .... More >>
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9 benefits of eating cashew nuts
...attributed to a beneficial effect on weight management, but only when eaten in moderation3. With no cholesterol, a rarity for such a tasty and pleasing treat, cashew nuts are a healthy fat food for heart patients. And because of their high levels of monounsaturated fatty acids, they also help support healthy levels of low good cholesterol.4. The cashew nut's high magnesium content also takes the c.... More >>
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Different types of laboratories
...ronmental Health and Protection Disease Prevention, Control and Surveillance Food Safety Integrated Data Management Reference and Specialized Testing Emergency Response Partnerships and Communication Laboratory Improvement and Regulation Policy Development Public Health Related Research Training and Education Computer Laboratories: A room .... More >>
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...o the reserve fund. This reserve belongs to the .shareholders and at the time of liquidation, the Shareholders are entitled to these reserves along with the capital.The main purpose of setting aside part of profit is to meet unforeseen expenses of the bank. The Banking Companies Ordinance has made it obligatory (binding) for every banking company incorporated in Pakistan to create a reserve fund.3.... More >>
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Reasons for dishonouring a cheque by a bank
...ffers from specimen recorded with the bank.(3) A cheque is stale (in circulation for more than 6 months) or post dated.(4) Amount expressed in words and figures differ.(5) Cheque mutilated (cut torn part of cheque missing)(6) Material alternations (change in date, crossing, amount, name of payee etc. on cheque) need confirmation by the drawer.(7) Order cheque not properly endorsed.(8) Do not tally.... More >>
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... IGNOU is the university where every course in every semester has 2 parts of the marking scheme, first the semester wise examination (Question Paper) & the other the IGNOU Assignments. Both the IGNOU EXAMINATION & IGNOU Assignments are compulsory for the students to get the passing result. A student cannot be promoted or passed till he or she had successfully submitted the correct solved IGNOU .... More >>
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Harmony arrangement between louis vuitton graffiti with clothes
...Luxurious bags are not only used to contain articles, but also play a role in decorating the whole outfit as a kind of trimmings, especially Louis Vuitton handbags, why? Because they usually represent the elegant or shiny or youthful image and LV bags could be considered as a good helper to improve the overall score. Louis Vuitton Graffiti handbags are characterized by the graffiti patte.... More >>
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One man control is best in the world
... confined now to small scale sector.Suitability of sole proprietorshipThe sole proprietorship from of organization is existing and competing quite successfully with other forms of organizations like partnership, Joint Stock Company. There are many reasons for it. Sole proprietorship is the most ancient form of business enterprise. If has a weight of tradition behind it. Moreover it is good to expe.... More >>
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...When a petition or application is submitted to USCIS, the applicant or petitioner will receive a Receipt notice. On receipt of the petition or application USCIS will send this receipt notice to the applicant. The receipt notice is also called as Form I-797. After the application is processed successfully, USCIS will send an approval notice on Form I-797. Be notified that Form I-797 is not a .... More >>
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Cash balance approach to the quantity
...to the cash balance approach, the value of money is also determined like the value of commodity on the basis of its demand and supply. This approach considers the demand for and supply of money at a particular moment of time rather than over a period of time as considered by the transaction approach. As the supply of money at a particular time is fixed, so it is the demand for money which determin.... More >>
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Best honeymoon tourist destinations in north india
...North Indian tourism, the incredible and the perfect land for honeymoon tours that gives a sense of love and romance in the backdrop of scenic and picturesque North India that take the tourist to experience the landmarked Indian beauty in the form of beaches, archeological sites, hill stations etc. Honeymoon is the best phase of the married life where couples seek to know each other, relax in each.... More >>
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