Being able to communicate with others with ease is one of the best life skills. To be frank, an effective communicator who can pass on his thoughts, ideas, and feelings is better positioned for success not only in his professional life but also in his relationships. There are seven C’s points to remember when wanting to be an… Read More »
The rights available to woman (ladies) in India can be classified into two categories, namely as constitutional rights and legal rights. The constitutional rights are those which are provided in the various provisions of the constitution. The legal rights, on the other hand, are those which are provided in the various laws (acts) of the Parliament and the… Read More »
Marketing requires several activities to be done. To begin with, a company may choose to enter one or more segments of a market- since it may not be possible to cover the entire market. The manufacturer of a bathing soap, for example, may aim at the working class in the middle or lower income groups as his target… Read More »
The solar system comprises of the Sun and eight planets (Mercury, Venus, Earth, Mars, Jupiter, Saturn, Uranus and Neptune), which is believed to have been developed from the condensation of gases and other lesser bodies. The position of Sun is at the centre of solar system and all the eight planets revolve around the sun in elliptical orbit.… Read More »
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 »
National Policy for the Empowerment of Women was adopted in the year 2001. The goal of the policy is to bring about the advancement, development and empowerment of women. Specifically, the aims of the national policy for empowerment of Indian women include: Creating an environment through favorable economic and social policies for the full development of women to enable them to… Read More »
The International Maritime Bureau (IMB) has MOU with the World Customs Organization (WCO) and has observer status with Interpol (ICPO). IMB’s primary responsibility is to protect the integrity of international trade by seeking out fraud and malpractice. For over 25 years, it has used industry knowledge, experience and access to a many well-placed contacts around the world to do this:… Read More »
Financial management has a close relationship with economics on the one hand and accounting on the other. Relationship of Finance to Economics: There are two essential linkages between economics and finance. The macroeconomic environment defines the setting within which a firm operates and the microeconomic theory provides the conceptual underpinning for the tools of final decision-making. Key macroeconomic factors like the… Read More »
When you invest in the financial market, you are exposed to different types of risk. The risk is an inherent aspect of every form of investment aspect of every kind of investment. The risk is usually used to imply downside risk. It is the uncertainty of a return and the potential for financial loss. The various risks which affect your investment… Read More »
Clouds are defined as aggregates of innumerable tiny water droplets, ice particles or a mixture of both in the air generally much above the ground surface. Clouds are formed due to condensation of water vapor due to the uplifting of air known as adiabatic cooling. Different types of clouds are generally classified on the basis of their form,… Read More »
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 »
Technology benchmarking is a process by which an enterprise performs a direct comparison of its technical performance and other entities with similar operations. Technological metrics are an important element in benchmarking process. The evaluation can be with competitors or others who are best in the world in that particular technology. The benchmarking process consists of ten steps and… Read More »
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 »
Various Instruments of Financial Market are covered in this article in brief. let us see them one by one. Zero Coupon Bonds (ZCB): Zero Coupon Bonds (ZCB) are issued at a discount to face value. They don’t provide for any payment of interest during the currency of the bond but it pays the face value in the maturity.… Read More »