Business

Objectives of Financial Accounting Systems

There are many objectives of maintaining a financial accounting system in an organization and they can be explained as follow: Help in Management Decision …

Relationship Marketing vs Transactions Marketing

Relationship marketing is company focusing on existing customer base and building long lasting relationships with them and merely trying to attract new …

Forms of Business Organizations : Partnerships

Partnership is a form of organizations where two or more people get together and pool money and/or knowledge to start up a business with the intention of …

Forms of Business Organizations : Sole Proprietorship

Sole Proprietorship is a form of business organization where a business is formed with the knowledge and the capital of one person. In other words sole …

Characteristics of Money

In past people used barter system (exchange goods for goods) [Click here to visit the article on barter economy] to obtain goods and services. But with …

Functions of Money

“Money” is a word which holds a huge buzz in a current world as it said that money dominates the world. In simple terms Money is anything that can …

Demand for Money

People may demand money for different purposes. Some may demand money to buy goods, some may want to save money in bank where as some may want to invest money …

Nationalization

Nationalization is a process by which government acquires private owned properties and businesses to generate increased social welfare and protect …

Privatization

Privatization is a process by which the government sells off the public property/government’s stake in a company with the expectation of generating more …

Foreign Direct Investments (FDI)

Foreign Direct Investment (FDI) is a strategy where the firm directly sets up a manufacturing plant or business operation in a foreign country as a fully …