Tag Archives

Costs of Quality

Many scholars define quality in many approaches but in general quality is defined as fitness for use/consumption/purpose. In other words the a quality product …

Recent Trends in World Trade

Expanding Volume Increased Competition Increasing Complexity Trade in Services The large volumes of trade, the existence of huge multinational business …

Forms of Business Organizations : Limited Liability Companies

Limited Liability companies are a form of organizations where there is a legal existence for the entity which separated from owners of the business. Owners …

Extended Relationship Marketing

In general Relationship marketing is company focusing on existing customer base and building long lasting relationships with them and merely trying …

Use of Accounting Information by Departments in an Organization

Accounting information helps every department in an organization and use of accounting information can be summarized as follows: Marketing/Sales Department …

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 …