Large scale production also suffers from limitations. The following are some of the disadvantages or demerits of large scale production: Disadvantages or Demerits of Large Scale production 1.
The following are some of the advantages or merits of large scale production. Advantages or Merits of Large Scale Production 1. Latest machinery: Organizations engaged in large scale
Scale of Production The term, “Scale of production” refers to the size of the production unit of a firm or business. Depending on the size of production, it
Advantages or Merits of Public Corporation The following are some of the advantages or merits of public corporation. 1. Autonomy: Public corporation is an autonomous set up. Therefore
What is a Public Corporation? Why are Public Corporation set up? Public Corporation is a body corporate created by an Act of Parliament or Legislature. Its name is
Complete consolidation emerged because of the need for greater control and unification of business interests. It represents complete fusion of two or more combining units. Definition of Complete
Types of mergers The following are the types of mergers 1. Horizontal mergers: It refers to two firms operating in same industry or producing ideal products combining together.
What are Mergers? According to Prof. L.H.Haney, merger is, “a form of business organization which is established by the outright purchase of the properties of constituents, organizations and
Merits or Advantages of Holding Companies The following are the merits of holding companies: 1. Ease of formation It is quite easy to form a holding company. The
What is a Holding Company? Under the companies Act, 1956, a holding company is any company which holds more than half of the equity share capital of other