Commodity Boards in India The Government of India has set up Commodity Board as a separate organization to promote the export of commodities. Commodity Boards regard themselves as
Cost-Oriented Export Pricing The export price like domestic price structure begins on the factory floor. Apart from manufacturing costs, there is a variety of costs peculiar to export.
Steps involved in Pricing in International Marketing The task of determining prices in international marketing is a complex one. Particularly, it is complicated by fluctuating exchange rates which
What is Capital? The term capital, in general, means the amount of money invested in a business. It includes not only the money invested at the time of
Vouching of Purchases Book Purchases Book is meant for recording transactions relating to credit purchases of goods. The other names of Purchases Ledger are Purchases Day Book, Purchase
Marketing research is the application of scientific method to the solution of marketing problems. It is a systematic attempt to get useful information in solving marketing problems or
Commercial Banks have always played an important position in the country’s economy. They play a decisive role in the development of the industry and trade. They are acting
Definition of Trade Associations “A trade association is a voluntary organization of independent business units in the same branch of industry, which conducts co-operatively activities aimed at improving
Fundamental principles of delegation The process of delegation to be effective, must be based on the following broad principles: 1. Assignment of Duty in terms of Results: The
Delegation, although seems to be a simple process, suffer from several obstacles in practice. These obstacles arise partly on account of the superiors’ attitude, partly due to the