Business
What is Process or Functional Layout? A process layout is based on the nature of the process through which the product should move in the course of manufacture. Process …
Business
What is a Product or Line Layout? Product or line layout refers to the arrangement of productive machines and equipment in the order of manufacturing operations. In Product or …
Business
Meaning and Definition of Industrial Estates Industrial estate is one, which consists of well-constructed factories that are offered to entrepreneur for establishing an enterprise. It is normally established in …
Business
What is filing? Filing can be described as the core of records management. The files of an organization are its memory and any malfunction of this memory will severely …
Business
Partnership vs Joint Hindu Family Firm The following are the top 10 differences between a Partnership business and HUF business. 1. Formation A partnership is a contractual relationship arising …
Business
Similarities between Cooperatives & Companies The companies and co-operatives are similar in the following respects. 1. Both are body corporates registered under their respective laws. 2. The members of …
Business
Merits of Co-operative Societies Being a body corporate, the co-operative society gets all the advantages and benefits, which are derived by companies. In addition, it enjoys the following advantages …
Business
The ultimate objective of all major forms of business organizations is to earn profit. The cooperative institution is another form of organization whose principal objective is not to earn …
Business
Introduction The public utility undertakings play an important role in the economic and social life of the community. The term public utilities refer to those undertakings, which provide the …
Business
What is a Holding Company? The holding company is a separate company which controls the policies of other companies through ownership of their key shares. In other words, holding …