Control of Monopoly Business Combinations might sometimes results in monopoly situations. Monopolies are not helpful for the social and economic development of a country. They result in concentration
What is a Resolution in Business? The items of business that are transacted at a general meeting are presented in the form of motions. These motions are taken
What is Urbanization? The term urbanization denotes an increase in the urban population at a rate higher than that of the increase in the rural population. Urbanization happens
Special Features of Social Audit Any activity, which can create an impact on the society shall become subject to the social audit. Social audit is different from other
What are Policies? Policies are general statements that guides in decision-making. A policy refers to a continuing decision which applies to repetitive situations. It is standing answer to
Cash is a highly liquid asset. Hence, the probability of committing frauds and errors is certainly more in cash transactions. Therefore, we have to verify cash transactions with
Procedure for conducting Investigation in Auditing The following procedure are followed while conducting Investigation in auditing. 1. Determination of Nature and Scope The instructions of the client regarding
Reason for slow growth of consumer movement in India The reasons for the slow growth of consumer movement in India may be discussed under the following headings: Poverty
Sub-Cultural division and Consumption pattern of consumers in India The influence of culture is inevitable in our societal living. However, within a larger society, there are sub systems
Advantages or Benefits of Market Segmentation Market segmentation consists of identifying a sufficient number of common buyers. It enables subdivision of the total aggregate demand for a product