Meaning of Business Risk Business risk is that portion of the unsystematic risk caused by the prevailing environment of the business. In other words, business risk is a
Straight Salary vs Straight Commission Method The main differences between the straight salary method and straight commission method are explained below: 1. Basis: Straight salary method is based
Features of Straight Commission Method of Remuneration Under Straight Commission method, no fixed monthly salary is paid to a salesman. Only a certain percentage of commission is paid
Factors Influencing Salesmen Remuneration Plan The remuneration plan or scheme adopted by a concern is influenced by a variety of factors. They are as follows. 1. Financial capacity
Why should business be concerned about social responsibility? This question has attracted the attention of many thinkers, both from academics as well as from practitioners. There have been
Advantages of Environmental Analysis Formulation of business policies and strategies should be based on a careful business environmental analysis. The following as the merits of a proper environmental
Objectives of Business Environmental Analysis Business Environmental analysis has three basic objectives, which are as follows: 1. Help understanding Existing Environment It is important that one must be
Classification of Business Environment Economists have classified Business Environment as Static environment, Dynamic environment, Internal environment, External environment, Market environment and Non-market environment. Lets study about them briefly