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What is After-Sales Service? Importance & Types

There are many factors that help organizations to achieve their goals. Besides product designing, promotion, marketing, and distribution, customer service …

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Realisation Account: Meaning, Format, and Steps for preparation

Meaning Realisation Account Realisation account is a nominal account which is prepared at the time of dissolution of the firm …

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Strategy: Meaning, Types, Features, and Importance

Meaning of Strategy Strategy refers to the plan of action designed by management for achieving the goals of the business. …

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What is a Public Limited Company (PLC)?

Meaning of Public Limited Company Public limited company refers to the voluntary association of people who come together for carrying …

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Centralization: Meaning, Factors, Advantages, Disadvantages, and Conclusion

Meaning of Centralization Centralization refers to the organization structure in which power for decision making lies only with one belonging …

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Public Corporation: Meaning, Features, Merits and Demerits

Meaning of Public Corporation Public corporation is an autonomous body established by government for carrying out its public mission and …

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Business Transaction: Meaning, Types, Features and Examples

Meaning of Business Transaction Business transaction refer to the event of business which is measurable in money terms and recorded …

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Role and Contribution of Agriculture in Indian Economy

Contribution of Agriculture in Indian Economy Agriculture is the most important sector of Indian economy which employs more than half …

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Steps involved in Office Filing Procedure

What is Office Filing Procedure? Office filing procedure refers to the set of well-defined practices which are followed all over …

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Auditor Report: Meaning, Format, Types and Importance

Meaning of Audit Report Audit report refers to a formal opinion provided by auditor regrading the validity and reliability of …

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