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Office Management
Office Management

Location of Office Building | Urban vs Semi-Urban | Important factors

Location of the Office Building The success of any enterprise largely depends upon the selection of a suitable location. Even a well-managed concern shall find it difficult to achieve …
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Planning
Business

Business Planning | Meaning, Significance, Steps, Limitations, Effectiveness

Meaning of Business Planning Business planning is strategic planning because it is concerned mainly with the designing of business. Business planning has become a very important part of the …
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business
Business

District Industries Center in India | Important Functions

District Industries Center in India The District Industries Center (DIC) Programme was started in 1978 as a centrally sponsored scheme with an object of providing all the services and …
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business
Business

Community of Interest | Meaning, Features, Forms, Merits & Demerits

Community of Interest is a form of business combination devised when trusts were declared as illegal and were forced to dissolve. Community of interest is an arrangement under which …
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Small Scale Industries
Micro Economics

Small Scale Production | Meaning | Advantages | Disadvantages

What is Small Scale Production? When production is carried on with small quantities of factors of production, the scale of production is said to be small. In spite of …
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Office Filing System
Office Management

Classification of Filing System | Methods, Advantages, Disadvantages

Classification of Filing System The chief difficulty in office management is not filing but in finding. It is essential to determine the nature of each and every document, sort …
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Office Filing System
Office Management

Centralized & Decentralized Filing | Meaning, Merits, Demerits

The document and records concerning a particular department of the business enterprise can be filed either at the department itself or in any other central place. Thus, a business …
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Business Combination
Business

Combination Trust | Meaning, Features, Advantages, Disadvantages

What is Combination Trust? Trust is a form of business combination evolved to do away with the weaknesses of pooling agreements, which were suffering mainly from instability and imperfect …
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Demand Forecasting
Business

Demand Forecasting | Meaning, Types, Objectives, Approach

What is Demand Forecasting? A forecast is an estimate of a future situation. Forecasting demand denotes an estimation of the level of demand of the product at a future …
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Pricing
Business

Theories of Pricing | Suitability | Merits | Limitations

Theories of Pricing The pricing of a product of the public sector enterprise is a controversial issue, because different authors have put forth a variety of theories and principles …
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