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 …
Business Studies
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 …
Examples of Business Strategy
Meaning of Business Strategy Business strategy means strategies which define activities that business needs to perform for attaining targets. It …
Planning – Process, Importance, Characteristics, Limitation
Meaning of Planning Planning is the most important managerial function of deciding in advance what do in future for attaining …
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Advantages and Disadvantages of E-Commerce
Meaning of E-Commerce E-commerce means buying or selling goods and services electronically via the internet. It simply refers to carrying …
5 Major Types of Stock levels of Inventory (with formula)
Meaning Stock level refers to the amount of goods or raw materials that should be maintained by businesses to continue …
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