What is a Cluster Sampling? (Image: Cluster Sampling) Definition: Cluster sampling studies a cluster of the relevant population. It is a design in which the unit of sampling
The important differences between cash assistance and duty drawback are given below: 1. Meaning: Cash assistance is one of the incentives given to the exporter. Generally, cash assistance
The following difference exists between FOB and CIF. (Image: FOB vs CIF) Meaning: FOB means free on board. The price includes all the expenses incurred until goods are
Various aspects are taken into account by a credit rating agency when a borrowing company applies for rating. Following are functions of a typical credit rating agency: (Image:
Classification of products Products are classified on several bases. Users, types of products, manner of purchasing and life span of goods are some of the important framework for
Need for product levels in marketing In order to give benefits to customers, a marketer articulates the product concept. The product concept defines the whole range of benefits
SMALL INDUSTRIES DEVELOPMENT CORPORATION (SIDCO) Need for Small Industries Development Corporation (SIDCO) In many state governments, for the promotion of small scale industries, a separate corporation has been
What are the Purposes of Advertisements? For a given market target, there are six purposes which an advertisement seeks to attain. It is possible to achieve more than
What is Simple random sampling? Simple random sampling means that every member of the sample is selected from the group of population in such a manner that the