The Meaning and Importance of Management Explain the meaning and importance of management Management – act of allocating resources to accomplish desired goals and objectives efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of … Read more
The Term Business Units Explain the term business units A business organisation is one unit of control which is engaged in the production or distribution of any commodity.business organisation are of business nature from the point of view of ownership,control and size. It comprise the following sole proprietorship partnership joint stock companies cooperative Meaning of … Read more
The Meaning of Insurence Define Insurance Insurance: is an agreement in which a person makes regular payments to a company and the company promises to pay money if the person is injured or dies, or to pay money equal to the value of something (such as a house or car) if it is damaged, lost, … Read more
Meaning of Taxation Taxation refers to the practice of government collecting money from its citizens to pay for public services. or A means by which governments finance their expenditure by imposing charges on citizens and entities. Without taxation, there would be no public Expenditures. One of the most frequently debated political topics is taxation. Taxation is the … Read more