Top 10 Qualities of a Successful Businessman
Qualities of a Successful Businessman To be successful in his business, a businessman should possess certain qualities, which are as follows: 1. Determination and Will Power We all know …
Advantages and Disadvantages of Debentures
Advantages of Debentures Following are some of the Advantages of debentures. 1. Debenture are Preferred by Investors Since they attract cautious investors by offering definite security and safety of …
Forms of Business Firms | Private, Public & Cooperative Sector
Forms of Business Firms The stage of economic development and the level of economic activity determine the suitability of a form of business firm. In fact, a particular form …
10 Common Terms Used in Insurance and their Meaning
Terms used in Insurance There are certain common terms which are used very often in insurance. These terms need some explanation. 1. Who is Insurer in an Insurance? The …
Captives – Meaning, Types, Advantages, Captive Risks
What are Captives? Captives are insurance companies formed by companies or associations for insuring their own requirements. The owners of the captive are also the insured and they take …
12 Differences between Product Layout and Process Layout
Distinction between Product and Process Layout The differences between a product layout and process layout can be studied as follows. 1. Nature of Product Process or functional layout is …
Plant Layout | Objectives | Advantages | Effects | Bad Layout
Objectives of Plant Layout If a layout is to fulfill the goal of an organization and to maximize production, it should be planned with the following objectives in mind: …
Plant Layout | Meaning | Top 10 Characteristics of Efficient Plant Layout
Plant Layout is one of the most important factors for a new industrial enterprise, after deciding the location of the plant. It pertains to planning of the space available …
Product Design | Meaning | Characteristics of Good Product Design
What is Product Design? Design of a product means determining the shape, standard and pattern of the product. C. S. Deverell has defined product design as Design, in its …
How to Reduce Scheduling Problems?
Reducing Scheduling Problems Scheduling is a complex activity as there are too many variables. Systematic analysis of these variables followed by sincere efforts to restrict their effect is usually …