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Finance
Why is a Product Important? А product is а bundle of utilities consisting of various product-features and accompanying services expected to yield satisfaction or benefits to the buyer. According …
Business Law
Transfer of Ownership The word “Property in the Goods” means the legal ownership or title to the goods. Sale of goods involves transfer of ownership or property from the …
Business Law
Advantages of Corporate Enterprises In modem days, the company form of organization is acquiring more and more importance. This is due to the various advantages that are not available …
Business Planning
What is Production Control? The production control is the function of management which plans, directs and controls the material supply and processing activities of an enterprise so that specified …
Auditing
While scrutinizing, all expense accounts should be thoroughly verified. This article explains the role of Auditor in scrutinizing Direct Expenses, Indirect Expenses, Income Accounts, Assets Accounts and Liability Accounts. …
Auditing
What is Material Information? If an information given in the financial statements and other statements annexed thereof, influences the decisions taken by the user, such information is said to …
Consumer Behaviour
What is Information Processing? Marketers want to know how consumers respond to their advertising messages Advertisements provide various stimuli with regard to product, brand names, prices etc. Consumers process …
Materials Management
What is Capacity Planning? Capacity planning refers to determining what kind of labour and equipment capacities are required and when they are required. Capacity is usually planned on the …
Materials Management
What is Production Follow Up? Follow up or expediting or progressing is that branch of production control procedure which regulates the progress of materials and parts through production process. …
Materials Management
Advantages of the Combined Materials (Stores) and Purchase Department The following are some of the advantages of combining materials and purchase departments in an organization. 1. Procurement at the …
