Advantages and Disadvantages of Internal Trade
Meaning of Internal Trade Internal trade refers to the trade that takes place within the geographical boundaries of a countries. …
Business Studies
Howard Sheth Model of Consumer Behaviour – Definition, Levels, Variables
Howard Sheth Model Howard Sheth Model is a model on consumer behaviour that was introduced by John Howard and Jagadish …
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Types of Reinforcement
Meaning of Reinforcement Reinforcement means anything that increases both the strength of response and repetitions of behaviours that preceded the …
Difference Between Business, Commerce, and Trade
Concept Commerce and trade are two distinct terms involved in business activities. Trade is a subpart of commerce and carries …
Outsourcing – Importance, Types and Nature
Concept of Outsourcing Outsourcing means engaging the services of an external vendor or agency to manage, deliver or operate certain …
Maslow’s Theory of Motivation
What is Maslow’s Theory of Motivation? Abraham H. Maslow, an eminent american psychologist, developed a general theory of motivation, known …
What is Business? Definition, Nature, Types, and Objective
Meaning of Business The term business is derived from the word ‘busy’. Business is defined as the production or purchase …
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Difference between indemnity and guarantee
Meaning Indemnity and guarantee are two different types of contract meant for protection against contingent losses and liabilities. These contracts …
Types and Objectives of Business Combination
Meaning of Business Combination Business communication refers to the combination of two or more independent businesses for attaining same objective. This …
Importance and Characteristics of Group
Meaning of Group A group is a collection of two or more people, those are working together, exchanging ideas. the …