Demotion: Definition, Reasons & Types
Meaning of Demotion Demotion, in its simplest terms, is the opposite of promotion. Under the process of demotion, an individual …
Business Studies
Organizational Goals: Meaning, Types, Features, and Objectives
What are Organizational Goals? Organizational goals are defined as strategically designed objectives towards which all activities of business organization are …
Read moreOrganizational Goals: Meaning, Types, Features, and Objectives
Business Objective: Meaning, Types, and Importance
What is a Business Objective? Business objectives can be simply defined as corporate-level goals set by the top management team …
What is a Shell Company?
Meaning of Shell Company Shell company is a company existing only on paper but not in reality. It does not …
Dividend Policy: Types, Factors & Importance
What is Dividend Policy? Dividend policy refers to the profit distribution technique employed by companies for distributing dividend among their …
Features and Models of Bancassurance
What is Bancassurance? Bancassurance refers to a partnership formed in between bank and insurance company. The partnership is made with …
Features and Procedure Batch Costing
Meaning of Batch Costing Batch costing is defined as specific order costing where cost for each batch of production is …
Types and Procedure of Dismissal
What is Dismissal ? Dismissal is a term defining the termination of employee from employment with company. It means that …
What is Sinking Fund?
Meaning of Sinking Fund Sinking fund refers to fund containing money that is set aside by business organization for paying …
Reinforcement: Meaning and Types
What is Reinforcement? Reinforcement is simply defined as an attempt aimed at strengthening of desired behavior. It is a process …