Marketing
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 important …
Marketing
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 what …
Business Regulation
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 be …
Business Regulation
A Person under the age of eighteen years is called a Minor. Since they have an immature mind, they are very often exploited. There are laws to protect the …
Business Regulation
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. 4. …
Management
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. The …
Management
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 ownership, …
Management
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 and …
Management
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 an …
Insurance
What is Material Fact? A material fact is a fact which will affect the judgement of a prudent insurer in considering whether to accept or to reject a risk …