Introduction to Business

The various functions of insurance are follows: (i) Providing certainty: Insurance provides certainty of payment for the risk of loss. There are uncertainties of happenings…

Life is full of uncertainties. The chances of occurrence of an event causing losses are quite uncertain. There are risks of death and disability for…

There are various benefits of e-banking provided to customers, which are: e-banking provides 24 hours. 365 days a year services to the customers of the…

The growth of the Internet and e-commerce is dramatically changing everyday life, with the World Wide Web and e-commerce transforming the world into a digital…

The micro-credit finance can play a vital role in developing a country’s economy. In Bangladesh, the micro-credit institutions are working for socio-economic growth with international…

Functions of Commercial Banks Banks perform a variety of functions. Some of them are the basic or primary functions of a bank while others are…

Banks can be classified into the following: Commercial banks Cooperative banks Specialized banks Central bank (i) Commercial Banks: Commercial banks are institutions dealing in money.…

When speaking of the service sector, services can be classified into three broad categories, viz., business services, social services and personal services. These have been…

Difference between Services and Goods Services Nature: An activity or process. e.g.. Watching a movie in a cinema hall. Type: Heterogeneous. Intangibility: Intangible e.g. doctor…

Global enterprises: In the last ten years MNCs have played an important role in the Indian economy. They are characterized by their huge size, large…