Meaning of Strategic Financial Management The term ‘’strategic financial management ‘’ aims at controlling and looking at all the finances of the company to achieve the desired targets and earn…
Types of Partnership in Business
What is Partnership? Partner is the person who runs the business with other persons under the partnership. All members of the business are term as a partner. They all share…
Characteristics of Business Organisation
What is Business Organisation? The concept of organizing is simply concerned with arranging each and every element of the organization in such a way that adequate coordination is created among…
The financial system is the main part of running the economy smoothly. financial system provides the flow of finance in the economy. which leads to the development of the country…
What is Classical Management Theory? Classical management theory is based on the concept that workers need only physical and economic needs. It does not include social and job satisfaction of…
What is Marketing Management? Marketing management is the process of developing strategies and planning for the business such as the advertisement, promotions, sales and etc. Marketing management is also an…
Contingency Approach to Management The Contingency approach is a management theory that helps the manager to adopt the best management style is dependent on the context of the situation. Contingency…
What is SWOT Analysis in Business? SWOT Stands for strengths, weaknesses, opportunities, and threats. Strength and Weakness mean the internal strength and weakness of the company. Opportunities and Threats mean…
What is PEST Analysis? A useful way to examine the market environment is to carry out what is known as PEST analysis. PEST stands for political, economic, sociological and Technological. A…
Advantages of Multinational Corporation There are many Advantages of Multinational Corporation. Some are the following: The Multinational Corporation provide the latest technology to the developing country. They help them to…