Operation
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Sole proprietorship and its characteristics
...hich an individual introduces his own capita), uses his own skill and intelligence in the management of its affairs, assumes all the risks of business and is solely responsible for the results of its operations. He, thus, owns all and risks all. The business is exclusively in the hands of an individual. Most of the bakery, hardware stores, service stations, barbers shop, doctor’s clinic, service.... More >>
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Merits and demerits of partnership form of organization
... by the joint efforts of the partners. The partnership is normally in strong position to raise capita and expand the business. 4. Greater Management Ability As there are many partners involved in the operation of a business, the firm can distribute the duties and responsibilities to each partner for which one is best qualified and suited. Division of labour and specialization, thus, can promote ef.... More >>
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Factors affecting working capital
...o total cost of production is high, the amount of working capital required is large, shipbuilding for instance.(2) Size of the business. The amount of working capital needed depends upon the scale of operation of the business. The larger the size of the business unit, generally the larger is the requirement of working capital and vice versa.(3) Length of period of manufacture. If the goods are tie.... More >>
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Partnership distinguished from co ownership
... by Lindley are as under:- Basis of Difference Partnership Co-Ownership 1. ContractPartnership always arises out of contract. Co-ownership may or may not be based on agreement. It can also arise by operation of law, such as by inheritance. On -the death of father, sans and daughters become co-owners of property. 2. Number of Partners The limit for maximum number of partners is 20 in a firm and 1.... More >>
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How to hard reset htc hd2 android
...2. Press and hold the volume and the VOLUME DOWN button3. While pressing the volume buttons, press the END / POWER button briefly and release it4. A warning message should appear on the screen: "This operation will delete all personal data and reset all the default settings of the manufacturer. VolUp Click to restore manufacturer default or press other keys to cancel"5. Release the volume and the .... More >>
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...lier which help towards the early recovery of taxes. E. CAUSES OF PROGRESS In the modern age for the economic progress, Joint Stock Company has played an effective role. Because the successful operation cannot be do without the audit .so it also a cause of economic progress. F. LICENSES Audit is also helpful for the issuance of various licenses by the Govt. G. DENATIONALIZATION.... More >>
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Functions of state bank of pakistan
...c dealing have been transferred to State Bank of Pakistan Banking Services Corporation from Jan., 2, 2002. The State Bank of Pakistan will continue performing its four basic functions (i) Framing and operation of monetary policy (ii) Regulations and supervision of banks and financial institutions (iii) Foreign exchange management and (iv) Settlements of payments and accounts. The basic functions p.... More >>
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Multiplier and accelerator theory
...plained now in brief. Let us assume a certain amount of autonomous investment is injected into the economy. This would generate an expansion of income many times greater than itself on account of the operation of the multiplier mechanism. The increase in income would lead to rise in demand for consumer goods. The increase in demand for consumer goods induces more investment in the capital goods in.... More >>
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...firm. 15. The method of preparing accounts and arrangement for audit. 16. Procedure for the dissolution of the firm and settlement of accounts. 17. Arbitration in case of disputes among partners. 18. Operation of bank account.The above items are not the final list of clauses. Any clause mutually agreed to by the partners can be Included in the agreement. If the deed is silent on any point, then th.... More >>
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Problems before establishing a new business
...t facilities the flow of work. There is an effective utilization of men, materials and machines. (8) Selection of staff A new business has to acquire adequate staff both skilled and unskilled tar the operation of a business. Mere care should be taken that right persons are selected for the right job. (9) Office equipment The provision of office equipment, tables, chairs, telephones, calculators, d.... More >>
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Company promoters and their functions
...moters and Occasional Promoters generally retire after the company is floated. The promoters, the third category, float the company for their own self interest and take active part for its successful operation.I-Functions of a Promoter:The main functions of a promoter are as follow:1. To Discover an idea for establishing a company.2. To make detailed investigation about the demand for the product,.... More >>
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Role of commercial banks in the economic development of pakistan
...impediments in the process of development. In Pakistan, the banking system is very well organized. The State Bank of Pakistan established on July 1, 1948 stands at the apex and is responsible for the operation of the banking system in Pakistan. The other banks which form the banking structure in Pakistan are playing an active role in the economic development of the Country.The role of the commerci.... More >>
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Special types of individual customers
...f it is directed by the Guardian Court. The Court appoints a guardian of a minor who obtains and signs the prescribed opening form of the account himself. He gives his own specimen signatures for the operation of the account. Each withdrawal from the minor’s account by the guardian is subject to the approval and sanction of the Guardian Court. On attaining the, age of majority which is 21 years,.... More >>
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Nintendo wii scorpion vii light gun and built in wii remote
...ct Shot for Wii.Build-in Wii remote. The Perfect Shot is ideal for shooting games on the Wii and is fully compatible with software designed for the Wii. The Perfect Shot is designed for one handed operation, giving a pistol-like grip for all your shooting games. The accessory pass-through port also allows for use of Nunchuks and other accessories. The tactile trigger also provides a smooth, .... More >>
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Nature and scope of industrial relations
...ement, unions and government - Machinery for resolution of industrial disputes. - Labour legislation - IR training - Grievance and disciplinary policy 2) IR is characteristics by both conflict and co-operation. This is the boris of adverse relationship. So the focus of IR is on the study of the attitudes, relationship practices and procedures developed by the contending parties to resolve or at le.... More >>
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Wholesale portable advance transformer oil purifier transformer oil filtration machine
...logies 3. Efficient electric heating system, heating uniformity, less power consumption, safe, and reliable. 4. Double-infrared liquid level sensor, pressure protective system to ensure the machine operation easy and safely. 5. Adopts interlocked protective system, which connect oil pump, heater and liquid level sensor, avoiding blank heating, blank pumping, oil leak and electricity leak. If th.... More >>
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Role of central bank in underdeveloped money market
...hem to extend adequate finance to different sectors of the economy. In Pakistan, the State Bank of Pakistan gives loans to Agriculture Development Bank of Pakistan for financing seasonal agricultural operation and for development of agriculture. The House Building Finance Corporation, Industrial Development Bank of Pakistan, etc., get financial assistance from SBP.(6) Credit targets. In order to b.... More >>
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How to recover lost photos from blackberry phone memory card
...nalyze the deleted data from the card then perform photo recovery. Just install the program on your computer, and connect your BlackBerry phone memory card to start recovery. If you are using Windows operation system, recommend you to have a try Wondershare Photo Recovery. It's an easy to use and powerful recovery program which recover photos, videos and music from computer hard drive, external st.... More >>
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...Operation of the Investment Banks:Investment banks perform a major role in the very important function of raising long-term capital for corporations. Such banks are also sometimes called "Security Houses". Investment banks specialise in the marketing of new issues of common preferred stocks and bonds of old and new companies. Investment banks sell them to the general public or to pension funds; in.... More >>
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Role of zarai taraqiati bank limited ztbl in pakistan
...It aims at rural self employment and poverty reduction of the farmers in the villages.Share capital. The authorized capital of the Bank is Rs. 40Q0 million and paid up share capital 3214 million.Bank operations. The Zarai Taraqiati Bank Limited operates through a net work 343 branches and regional offices and a team of 1459 Mobile Credit Officers.Adoption of village based banking.The Zarai Taraqia.... More >>
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