Category Archives: Business

Mechanism of Corporate Governance

By | April 12, 2020

In our country, there are various mechanisms to ensure corporate governance. They are Companies Act, 2013: Companies in our country are regulated by the Companies Act, 2013, as amended up-to-date. The Companies Act is one of the biggest legislations with 658 sections and 14 schedules. The arms of the Act are quite long and touch every aspect of… Read More »

Porter’s Five Forces

By | November 19, 2019

Porter’s Five Forces is a useful understanding of the competitiveness of your business environment, and for identifying your strategy’s potential profitability. Porter’s Five forces are: Threat of Entry Bargaining power of suppliers Bargaining power of buyers Threat of Substitutes Rivalry among competitors 1. The threat of entry: Depends on barriers of entry and expected retaliation. Factors influencing barriers… Read More »

Types of Information Systems

By | December 12, 2018

There are various types of information systems, few of them are listed below: Transaction processing system Decision support system executive information system Management information system Workflow system Enterprise resource planning and Expert systems. About each one of the information systems explained below in brief. 1. Transaction Processing Systems (TPS) A Transaction Processing Systems (TPS) is used primarily for… Read More »

Credit Policy: Types and Aspects

By | May 20, 2018

Credit policy is an important part of the overall strategy of a firm to market its products. It refers to those decision variables that influence the amount of trade credit i.e investment in receivables. Credit policy can be lenient or stringent. There are two types of credit policies. Let us know about them in brief. a) Lenient/Loose/expansive Credit Policy: Under this policy,… Read More »

Different Types of Foreign Exchange Transactions

By | May 13, 2018

A foreign exchange transactions is a contract to buy or sell a quantity of one currency in exchange for another at a specified time for delivery and settlement and at a specified price (exchange rate). These transactions take place in foreign exchange markets. Regarding counterparties and settlement dates, the forex transactions are classified in many categories as trade transactions,… Read More »

Sampling Methods

By | April 29, 2018

In most surveys, access to the entire population is nearly impossible. However, the results from a survey with a carefully selected sample will reflect extremely close results as if provided by the population. Sampling method, therefore, is an essential part of the research process. If you have surveyed using an appropriate sampling technique, you can be confident that… Read More »

Accounting Rate of Return (ARR)

By | April 13, 2018

Accounting Rate of Return (ARR) method is also known as average rate of return an average of the net profit after taxes over the whole of the economic life of the project is taken. Under this method, the performance is expected as a percentage of capital or investment. Accounting rate of return may be calculated according to any of the… Read More »

Differences between GATT and WTO

By | April 7, 2018

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade. The WTO officially commenced on 1 January 1995, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in the year 1948. The following are the main differences between the General Agreement on Tariffs and Trade… Read More »

Notes on Research Design

By | April 2, 2018

Research design has many definitions, but no single definition imparts the full range of essential aspects. Few of the definitions of research design are: Research design constitutes the blueprint for the collection of data, measurement of data and analysis of data. Research design aids the researcher in the allocation of limited resources by posing crucial choices in research… Read More »