Enterprise
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...usiness is to produce and sell goods for profit, of course, through the satisfaction of human wants. A business which does not earn profit cannot stay in the market for a longer period. The income of enterprise, therefore, must exceed expenditure over a period of time. Profit is necessary for the enterprise to. insure its own survival, growth and expansion. In the Words of Petter F Rucker NThe pro.... More >>
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Sole proprietorship and its characteristics
...ip are as follows: (1) Paterson and Plowman A sole proprietorship is a business unit whose ownership and management ace vested in one person. The individual assumes all risk of loss or failure of the enterprise and receives all profits from its successful operation. (2) James Stephenson A sole trader is a person who carries on business exclusively by and for himself. He is not only the owner of th.... More >>
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Business organization nature and scope
... material organization and (ii) human organization. (i) Material OrganizationThe material organization is the determining and providing of necessary raw materials, tools, capital, personnel etc in an enterprise fonts smooth functioning. (ii) Human Organization It is the appointment of qualified staff, dividing the duties and re of the personnel employed. Then grouping these duties in the form of .... More >>
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Factors affecting working capital
...The working capital requirements of a business depends upon a number of ‘factors which in brief are as under:-(1) Nature of the business. The working capital requirements of an enterprise basically depends upon the nature of its business and operating cycle of the business. A trading concern, for instance, requires large amount of working capital for investment in stocks, receivables and cash et.... More >>
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One man control is best in the world
...sting 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 experiment with it. The circumstances favorable to sole proprietorship form of organization are: (a) Where Market Is LocalWhe.... More >>
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...What is business cycle?A business cycle ‘is a short term picture of the behavior of real output in a private enterprise economy Business cycle refers to upturn and downturn in the level of economic activity that extends over a period of time’. The business fluctuations occur in aggregate variable such as national income, employment and price level. The variables nearly move at the same time an.... More >>
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...e biased auditing fails to help many people. 9. HIGH COST: The audit work is completed with high cost. The cost of audit should not exceed the cost of error and fraud. The small-scale business enterprise considers it as burden on their performance. Audit fails to save million of business entities. 10. PAST ACTIONS: Auditing is nothing more than checking of past activities. It has no .... More >>
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Company promoters and their functions
...essary steps to form a company with reference to a given object and set it going. "According to L.H. Haney Promotion may be defined as the process of organizing and planning the finance of a business enterprise under the corporate form". In the words of Justice Cokburu, "A promoter is one who undertakes to form a company with reference to a given object and sets it going and takes the necessary st.... More >>
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Aarkstore enterprise edp energias de portugal sa analysis across the oil and gas value chain report
... Summary EDP Energias de Portugal SA Analysis Across the Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into EDP Energias de Portugal SA. The report provides key information relating to oil and gas assets of the company along with its operations across the value chain. The report examines the company’s business structure, operations and products, and pro.... More >>
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...hina, and Alibaba's founder Jack Ma will remain. As of January 2007, the Alibaba Group is made up of 5 sub-companies: Alibaba.com: English language global trade website serving small and medium-sized enterprises. Taobao.com: Online auctions web site for customers. Alipay: Online payments web site, processing mainly payments within China. Alisoft: Provider of web services to the Chinese Small and.... More >>
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...tions. Credit thus makes possible the shifting of money to those people who can use it productively.(7) Entrance of new Entrepreneurs. Credit makes possible the entrance of new talent in the business enterprise. If a person has less capital of his own but has all the qualities of a good entrepreneur, he can set up new firms and develop modern techniques of production and thus the resources of the .... More >>
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Contents of audit working papers
...ared to cover all activities. 3. AUDIT NOTE BOOK: The audit notebook is a part of audit working papers. It may be bound book or loose-leaf card form. It contains useful information about the business enterprise. When audit report is drafted this book provides data for such report. The weak points like missing vouchers, queries not settle are stated in it. 4. COPIES OF DOCUMENTS: The copies of vari.... More >>
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...ey say, the cyclical fluctuation can be confined within narrow limit. The other economists who disagree with the above view state that if a government take control of private investments, the private enterprise will be discouraged. This will cause reduction in employment and income. J.M. Keynes is of the view that if we strike a happy mean between these two diverging views, the cyclical fluctuatio.... More >>
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Merits and demerits of nationalization
...g centrally air-conditioned, etc. The huge waste of money and energy can be avoided if banks are owned by the state.The argument advanced against this is that the competition is an essence of private enterprise. If the banks spend large amount on erecting sky high buildings, they recover the amount on renting out the major portion of the building to the various firms in due course of time. Moreove.... More >>
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Market research report harley davidson strategy swot and corporate finance report
... Harley Davidson - SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, detailed financials, and corporate actions, providing a 360˚ view of the company. Scope: - Provides detailed information on Harley Davidson required for business and.... More >>
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Privatization of nationalized banks in pakistan
... Meaning of Privatization:Privatization is the general process of involving, the private sector in the ownership or operation of a state owned enterprise. Privatization includes the following three sets of measures.(i) Transferring ownership of public enterprises either fully or partially to private enterprises.(ii) Injecting the spirit of commercialization in public sector enterprises through .... More >>
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Three important legal documents of a joint stock company
...mits outside which the action of the company' can not go.The purpose of memorandum of association is to enable shareholders and creditors and all those who deal with it to know its permitted range of enterprise. The memorandum of association, therefore, must be prepared carefully. It must be printed, divided into suitable paragraphs, consecutively numbered and signed by every one of the seven subs.... More >>
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Factors determining the requirements of fixed capital
...irements of fixed capital in a business are as follows:(1) Nature of Business. The nature of business determines the amount of fixed capital in a business. Huge fixed investment is required in public enterprises such as railways, electricity, sewerage system etc Manufacturing concerns also need sizeable amount of fixed capital. Trading and financial firms need less fixed capital. They require more.... More >>
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Milk and dairy products in india production consumption and exports
...es in India • New product developments For more information, please visit : http://www.aarkstore.com/reports/Milk-and-Dairy-Products-in-India-Production-Consumption-and-Exports-847.html Aarkstore Enterprise Tel: +919272852585 Email: contact@aarkstore.com Website: www.aarkstore.com Blog: http://www.emarketreports.com/.... More >>
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Difference between central bank and a commercial bank
.... It is established under an Ordinance or an Act. The SBP in Pakistan is now governed by the SBP Act, 1956.3. Central bank possesses the monopoly of note issue.4. It is not primarily a profit making enterprise.5. Central bank maintains the foreign exchange reserves of the Country.6. A central bank is normally owned by the State. It can also have a mixed ownership. SBP in Pakistan had a mixed owne.... More >>
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