What are Preference Shares? According to Sec. 85 of the Act, preference shares are those shares on which there is preference right to claim dividend during the life
Characteristics of preference shares Preference shares have a wide range of features. Corporate financial managers emphasize a set of features while issuing them. The main features or characteristics
Cattle Insurance is suitable for the farmer who owns the cattle and the banks/financial institutions who have financed for the purchase of cattle under IDP/ District Rural Development
Commercial Bills Market or Discount Market A Commercial Bill arises out of a genuine trade transaction. A bill of exchange is an important commercial bill which is drawn
Top 10 Advantages or Benefits of Reinsurance The advantages of reinsurance can be summarized as follows: 1. Reinsurance boosts Insurance Business The major advantage of reinsurance is that
Objectives of Differential Pricing The following are the objectives of differential pricing. 1. Maximize Revenue Firms adopt differential pricing in order to maximize their revenues by appropriating the
Role of the Government in Entrepreneurial Growth Entrepreneurial Growth positively or negatively influence the entrepreneurial spirit. Government and various other agencies of a Nation always play a crucial
Risk and Cost of holding inventory in a firm Holding of inventory exposes the manufacturing and merchandising firms to a number of risks and costs. The various risks
Benefits of Holding Inventory in a firm Following are the benefits of holding inventory in the firm: 1. Holding Inventory avoids loss of sales In case a firm
Management is an inevitable element for directing and unifying the group efforts towards a common objective. Since the most of the human aims can be well realized only