Unit 6 Business Dec…
Introduction Decision making is necessary for …
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The General Principle for Preparing Process Cost Accounts
A separate process account is prepared for each process so that cost treated as a separate cost center for which profit can also be ascertained if the output of one procedure is transferred to another procedure at a profit. In each process three col…
Steps to Become a Good Team Leader
In the earlier times, people consider team leader from completely different perspective. But now, the entire concept has been changed. They do not have to take any kind of responsibility of the people sitting near and around the concerned person. Th…
Importance of Managerial Economics to Business Managers
The application or system of Managerial economics is very significant for every business as it helps in the development of different leadership qualities. It allows the creation of decision making that is very effective and further helps in providin…
Key Principles of Success
Everybody tempts to get success. It is the mainstream part of life where everybody wished to grab and dreamt. Every person in this world wanted to become powerful, famous and successful. To increase the chances of getting success in life, it is impo…
Increasing use of Cloud Computing Technology
Approximately for two decades, cloud computing helps in pointing the data to various business efficiencies, competitive advantages and cost benefits with the old method of business. A large section of business communities are operated in the old pat…
Comparison in Traditional and Modern Learning Styles
In the age of modernization, the digitalization and technology has changed each and every industry in the market. It has created innovative effect on the pattern of industry and business. For instance, in the travel and tourism industry,&…
Importance and Need of Manpower Planning
In an organization, the potential skills and capacity of each employee plays a significant role where the manpower planning is considered as the most important process. It is completely dependent on determining the requirements of the organization a…
Characteristics of a Company
The company is an artificial person, created under the law. A company has a separate and distinct legal entity from its member. The company is an artificial person. It has no physical existence or body. So, it cannot be touched or seen. But it is a …
Procedures for Routing in Production
Routing is the purpose of the pathway of movement of raw materials through various machines and operations from the beginning of the manufacturing process to the completion of product in its finished form. It is laying out the sequence of machines, …
Need and Importance of Financial Planning
The financial planning means different things to different managers, depending on the nature of the business, the firm's size, and so on. In a narrow sense, financial planning is estimating the capital needs of a firm and determining its capital…
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Business Strategy A…
Introduction With the help of adequate busines…
Managing Business A…
Introduction To run the business successfully,…
External Business E…
Introduction With the proper analysis and inte…