Ultimatum and Warning Letter
Ultimatum and warning letter: This is the final stage of the dunning letter series. If the customer does not respond to any one of the…
Business
The different forms of state owned business organization
The following are the major organizational forms of the state owned business organization- Departmental Organization: it was, at one point of time, the prominent form…
The business challenges in 21st century
Here are 4 key challenges all business face in the early years of the 21st Century- Innovation: “The leader needs to create an innovative and…
Why public limited company is considered superior to the partnership business?
Public limited company is considered superior to the partnership business. Because of – Legal Formation: The Company is to be formed according to the procedure…
The rights and liabilities of minor partners
Rights and liabilities of minor partners: He has a right to share in the property and profits of the firm, according to his share as…
Essential elements of partnership business
All the above elements must coexist in order to constitute a partnership. If any of these is not Present, there cannot be a partnership. We…
The factors to be considered in location decision of business
The factors to be considered in location decision of business are given below- Transpiration and communication: A business should determine such a location where buyers,…
Discuss the prospect of Business in Bangladesh
There is a big prospect of business in Bangladesh as the country is full of natural resources and labor. As the element of production is…
Define commerce
Various scholars have defined the word commerce in the following way: According to James Stephenson, “Commerce embraces all those processes, which help to break the…
Discuss the basic features of business
Characteristics or features of business are discussed in following points:- Exchange of goods and services: All business activities are directly or indirectly concerned with the…
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