Trade discount is defined as the amount of discount by which the manufacturer reduce this the maximum retail price of a product when he sells it to a reseller. This discount is provided
9 Types of Barriers to Business Communication
A crystal clear communication is one of the vital keys for the success of any business or an organization. And hence, the Importance of clear and transparent communications channels in the modern world
Website Sitemaps: How To Create A Sitemap For Your Website?
A sitemap is one of the SEO practices, the implementation of which can bear some great results for your website. When you are going for keyword research, On-page and Off-page optimization, backlinks, internal
Price Elasticity Of Supply: Definition, Types, Formula & Factors Affecting it
Price Elasticity of supply can be defined as the responsiveness of the supply of goods when there is a change in the market price of the goods. Let us breakdown this definition. Here
Guide to Strategic Workforce Planning
Are you looking for the most efficient way of deploying workers using the HR technologies and understanding workforce needs? Then Workforce Planning is the sure shot technique that will help you like a
Barriers To Delegation: Top 10 Barriers to Delegation at a workplace
Amidst our rigorous and tight work schedules, we all need some sort of a breather and space by delegating our work to our peers or subordinates. It not only promotes teamwork and sharing
Top 8 Barriers to International Trade and their Types
It is a universal fact that no country in the world is self-sufficient, and it requires some of the staple products and other services from other nations. And international trade enables the same
Point of Contact: Meaning, Types, Examples, and Advantages
Point of Contact is the individual representing a business entity or an organization for a particular task and who handles the communication and co ordination. It can also be a specific department that
12 Important Features of Bill of Exchange
A bill of exchange can be defined as a legal document which contains the information about the future payment from the person who is required to pay money and on the name of
Top 10 Features of a Bank and the Banking System
Banks play an essential role in industrial work and trade. In a country, the development of a country is measured based on how well the banking sector of the country works. In the
Top 10 Important Features of a Partnership
A partnership in business can be defined as the mutual participation of two or more partners to conduct business. In partnership, everything such as investment, ownership, responsibilities, profit, and losses are shared by
Barriers to Entrepreneurship: Top 12 Barriers to Entrepreneurship
In today’s world, each one us dreams of being an entrepreneur and starting up something that we are passionate about. It’s all about making a difference in the world of business and solving
11 Most Important Features Of eCommerce
Ecommerce businesses are growing at a fast pace. Rather than establishing a physical store, people prefer to set up a business. Let us first learn what an eCommerce business is? An eCommerce business
What is Golden Handshake: Examples, Advantages, and Disadvantages
The golden handshake is an agreement between an employer and an employee. It is a clause in the employment contract that offers the executive a handsome package in case the individual loses his
What is Creditworthiness? Factors Determining Creditworthiness
Creditworthiness as the term signifies about a person or business entity’s worthiness for acquiring credit in the market. It is the creditor’s judgment on the future and current ability of a business or individual
What Is Unsystematic Risk: Meaning, Types, Factors & Examples
While investing in a company, investors come across risk factors that are diversifiable. It is specific to a particular company, country, economy, market, and industry and is termed as unsystematic risk. It is
