Generally, a reference group exerts influence on an individual’s behaviour. This depends upon the nature of the individual and the product and on specific social factors. 3 most
Every consumer prefers to evaluate his opinion based on the comparison of opinions of others. Moreover, consumers are influenced by people that they come in contact with or
Discharge of Contract by Operation of Law The contract is discharged by the operation of law when a contract is discharged by the intervention of law. This can
Contents of the Articles of Association The Articles contain rules and regulations regarding: 1. Adoption of preliminary contracts. 2. Number and value of shares. 3. Allotment of shares.
Importance of Communication in Business In olden days, almost all business concerns were one man shows; The business operations were very few and confined to a limited area.
Today, the challenge of management has become intense and critical. With the growth of industry and the emergence of large corporations and the consequent separation of control and
Universality of Management Often, we hear the statement that the activity of management is ‘Universal’. Universality proposes that the field of management is applicable to Government, business, university
Very often a question is raised whether management is an art or a science. Before arriving at any conclusion, it is more appropriate to ascertain the attributes of
