Stages in Vendor Selection and Evaluation The following are the important stages in selection and evaluation of vendors. 1. Survey Stage All possible sources are explored and their
Combination Movement in India The combination movement in India has not been so wide as it has been in some Western countries. In fact, the movement in Indian
Important Causes for the Growth of Business Combination Business Combinations are the result of a variety of causes. The causes are highly complex and so it is very
Definition of Combination Trust In the words of Haney, combination trusts are, a form of business organization established through temporary consolidation in which the stock-holders of the constituent organizations
What is Lateral Combination? Lateral combination in business refers to combination of firms engaged in the manufacture of allied products. It is the combination of firms producing products
What is Circular combination in business? Circular combination refers to combination of firms engaged in different businesses and producing different products. For e.g. a cell phone manufacturer combining
What is Vertical Combination? In the words of Prof. Robinson, “Vertical combination is the combination of firms in successive stages of the same industry.” In the case of
Horizontal business combination What is horizontal combination? It refers to combination of businesses engaged in the production of the same type of product or engaged in the same