An office is considered as the heart of every business unit. Likewise, layout is considered as the heart of every office. Hence, an office layout plays an important
The person entrusted with the task of planning the layout should consider the principles of office layout. He should properly understand the nature of organization and work simplification
Filing is done by the various functional departments of an organization according to their requirements. Every department has to install separate filing equipments and appoint specialized staffs to
Centralized filing system has various advantages and disadvantages. For a list of its advantages, refer this article: Centralized filing system | Explanation | Advantages. There are also certain
Pricing decision of an organization is affected by various internal and external factors. As for internal factors are concerned, please refer to this article: Internal factors affecting pricing
Working capital forecasting is a difficult task. The reason is that the total current assets requirements should be forecasted in estimating the working capital requirements. Working capital forecasting
Factors determining working capital requirements The quantum of working capital is depending upon a large number of factors. It is very difficult to pin point the factor which
What is Inadequate working capital? Inadequate working capital means shortage of working capital to meet the day to day operating activities of the business concern. In other words,
Excess working capital refers to more amount of working capital maintained than actually required. In other words, the quantum of excess working capital is the difference between the