Disadvantages or limitations of Web retailing Internet retailing is advantageous in many ways. However there are also certain limitations or disadvantages that one cannot ignore completely. The following
Corporate replenishment policies Corporate retail planning relates to formalized logistics policies. The areas of formalized logistics policies include distribution networks, warehouse system, information systems and replenishment systems. Formalized
What is Supply channel The supply channel is defined as the total process by which a product reaches the end consumer as goods and services. It consists of
Re-issue of the Forfeited Shares When shares are forfeited, such shares become the property of the company and the directors can deal with them in any way they
Forfeiture of Shares | Auditor’s Duty The auditor’s duty regarding forfeiture of shares is as follows. 1. Examination of Articles of the Company: The auditor should examine the
Forfeiture of Shares If a shareholder, who is called upon to pay any call fails to pay the amount, even after sending several reminders, the company may forfeit
Purpose of Audit Working Papers The following are the purposes of Audit working papers: 1. Working papers represent the volume of work performed by the auditor and his
What are Audit Working Papers? Audit working papers include those papers and documents, which consist of details about accounts, which are under audit. They are the written, private
What is an Audit Note Book? During the course of audit the audit clerk experiences several difficulties. He cannot remember everything at all time. So he maintains a
Socialism is also known as the Communist Economic System or Centrally Planned Economy. It is an alternative to capitalism. Definition of Socialism According to Hicks, socialism is “an