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Functions of money
...tion stimulates all kinds of economic activities wjtich depend on borrowed money.4. Money as a Store of Value:Goods cannot be stored because they are perishable. People receive their incomes in money form and keep their savings in money form in banks.In this way, money is used to store value of commodities.5. The essential or primary functions of money are:a) To serve as medium of exchange.b) To s.... 
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Barter system
...equal to half the value of his cow and other commodities for the rest half value of cow; he could not divide his cow. 4. Absence of Store of Value:Wealth cannot be easily stored for future use in the form of commodities because they perish in the long run. In the modern economy barter system cannot succeed. Money is indispensable for large scale production. The functions of money are the same whic.... Read
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.... Read
Ignou bed admission 2011
...Admission 2011 will be on the basis of an Entrance Test which will be conducted on Sunday August 22, 2010 at all India level. The candidate will be required to submit only the filled-in application form without enclosures. The enclosures (documents) mentioned in the instructions for filling-in the application form are to be submitted later after receiving the letter of offer for admission to .... Read
Salient features or characteristics of partnership
...ividual partners and collectively a firm and the name under which their business is carried on is called the firm name”. Chief Features of a Firm.The salient features of partnership are as under 1. Formation According to the Partnership Act of 1932, there is no special mode for the creation of a partnership. If persons between 2 and 20 enter Into agreement oral or verbal for carrying on a busine.... Read
Business organization nature and scope
...c 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 posts and delegating authority to each post so that work is carried out as planned. Business Organization Thus is a process or an art of establishing effective cooperation between the factors .... Read
Merits and demerits of partnership form of organization
...hem 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 private gain.” The formation of partnership is easy and simple. It is formed to meet the need for” more capital, effective supervision and control, greater specialization, division of work between proprietors and for .... Read
Ignou assignments
...on, MA Sociology, M.Com, BJMC, BBA, B.Sc , PGDBM Etc.
Neeraj IGNOU Books published by Neeraj Publications have Chapter / Unit wise Explanation both in Text (Theory) as well as in Question answer form which provide the IGNOU Students great assistance & help in preparing themselves for the IGNOU Question papers & solving IGNOU Assignments.
As IGNOU Assignments have the importance in the ca.... Read
Bill of exchange sample
...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.... Read
What is form i 797
...CIS, 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 visa and cannot be used in place of a visa. It s.... Read
Quantity theory of money by irving fisher
...y day transactions. In short, the demand for money is for the exchange of goods.Equation of Exchange:The Cash transaction version of the quantity theory of money was presented by lrving fisher in the form of an equation:
P = MV + M1 V1 or PT= MV+ M1V1 THere,P is the price LevelM is the quantity of moneyV is the velocity of circulation of MM1 is the volume of cr.... Read
Alpha fibe fbcx
...Alpha-Fibe FBCx by Bio-Form EssentialsJoseph Artiss Ph.D, a research scientist at Wayne State University recognized the potential of FBCx (alpha-dextrin) while experimenting with it in his lab at the university. K-L Catherine Jen Ph.D., Dr. Artiss' co-inventor and nutrition professor proceeded to verify his incredible findings and... Alpha-Fibe FBCx - Nutrition for Natural, Healthy, and Effective.... Read
One man control is best in the world
...What is Meant By One Man Control? One man control or one man business (also called sole proprietorship) is the simplest form of business organization. The description ‘One man business’ or ‘one man control’ is sometimes con as misleading one, as there may be more than one persons working as employees in the business. The essential condition of one man control or one man business is that it.... Read
25th wedding anniversary gift ideas for silver jubilee celebration of the couple
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Wedding anniversary is another Valentines Day of the year for the married couples. In fact, while discussing about the 25th wedding anniversary gift and the Valentines Day gifts, it has been found that both of them follow the same factors to be determined while selecting the best one. The couples always try to pick up something that can exhibit the care and love for their partner. Basically, the.... Read
Merchant banks
...so that their bills of exchange were less readily discounted. The solution was found to be the accepting of these traders' bills by one of the older well-established firms, for a consideration in the form of commission. Gradually the merchant became a banker specializing in the accepting of bills for other merchants.Afterwards, merchant banks (bankers) started issuing foreign bonds for overseas go.... Read
Sikkim manipal university distance education mba mca bca bscit mscit distance learning part time edunxt online mba
...ation would be no longer a hard thing to achieve for best effects. And more and more student prefers this kind of new-concept education method than the traditional ones. If you are interested in this form of education, and want to know more about how the Sikkim Manipal University will handle the distance education, I want to recommend you to pay a visit to the official website of the Sikkim Manipa.... Read
Winstrol stanozolol steroid use
...s not retained in the system. Winstrol Stanozolol really has an amazing number of fans in the bodybuilding world due to it's safe use for pre-contest steroid cycles.
So Winstrol Stanozolol is in two forms and can be taken both orally and by injection, but the real advantage with Winstrol anabolic steroids is that bodybuilders will see the same results regardless of how they are administered.
C17.... Read
Sources of bank funds
...apital is a major and an important source of fund for any banking business. It mainly comes from deposits which are accepted on varying terms in different accounts.Bank’s borrowing is mostly in the form of deposits. Bank collects three kinds of deposits from its customers (1) current or demand deposits (2) saving deposits and (3) fixed or time deposits. The larger the deposits of bank, the large.... Read
Different types of laboratories
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A laboratory is a facility that provides controlled conditions in which scientific research, measurement and experiments are performed. There are different types of Labs to name some Medical Laboratories, Hospital Laboratories, Public Health Laboratories, Computer Laboratories, Film Laboratories and more.
Medical Laboratories: Medical Laboratory is a lab where tests are done on clinical s.... Read
Motorola defy vs motorola cliq 2 which one to buy
... and Twitter happenings. With Motoblur sync all your favorite stuff and so you can reply from your home screen. There is no fear of losing your contacts as it back up all your contacts by gathering information and thereby forming contacts into groups. There are no logins or apps to open, and your data’s always safe. The Cliq2 and Defy are DLNA-enabled and allows users to stream and share content.... Read
