Difference between bank guarantee and letter of credit | LOC | Payment Methods | Banking | Finance | Management Notes Letter of Credit (LOC) which is also known as Documentary Credit (DC)…
Difference between Debit Card and Credit Card – ATM Cards | Payment System
Difference between Debit Card and Credit Card | Payment System Debit Cards are the ATM Cards used by the accountholders to withdraw certain amount of cash if they have sufficient amount of…
Difference between Commercial Bank and Development Bank | Types of Banks
Difference between Commercial Bank and Development Bank | Types of Banks Banks that are involved in currency exchanges, saving deposits, lending loans and other form of commercial transactions are considered as Commercial…
Variance Analysis – Standard Costing | Managerial Accounting
Variance Analysis | Standard Costing | Managerial Accounting Variance analysis is a task of comparing the Actual Performances with the Predetermined Performance Standards to determine how well the targets have been met….
Master Budget – Components of Master Budget | Managerial Accounting
Master Budget | Components of Master Budget | Managerial Accounting What is master budget Master Budget is the combination of different set of separate independent functional budgets reflecting a complete set of…
Free Consent – Meaning and Examples in Contract Law | Business Law
Free Consent | Free consent meaning | Meaning and Examples in Contract Law | Business Law What is Free Consent? When both of the parties entering into a contract agrees upon the…
Service Marketing Triangle – Service Marketing Mix | Marketing Management
Service Marketing Triangle | Triangular Marketing | Service Marketing Mix | Marketing Management In this contemporary economy, Service Marketing is considered as the one of the major activities where more than half…
Stock Dividend – Why do companies give stock dividends? | Financial Management
Stock Dividend | Why do companies give stock dividends? | Financial Management | Management Notes What is a stock dividend ? Companies do pay dividend to its existing shareholders in the form…
Stock Split – What is a Stock Split | Financial Management
Stock Split | What is a stock split | Financial Management | Management Notes Stock Split is the action taken by the company to increase the firm’s number of outstanding shares in…
Reverse Stock Split – What is a reverse stock split | Financial Management
Reverse Stock Split | Reverse split stock | What is a reverse stock split | Financial Management | Management Notes Reverse Stock Split is the action taken by the company to reduce…
Turnkey Project – Entering Into Foreign Market | International Business
Turnkey Project | Turnkey projects meaning | Turnkey Projects Examples | Advantages of Turnkey Project | Disadvantages Turnkey Project Turnkey projects meaning Turnkey Project is one of the strategies (mode) of entering…
Surfing the Web – Web Surfing & Ethics | Managing Information and Technology
Surfing the Web | Web Surfing & Ethics | Managing Information and Technology In my opinion it is ethical for the managers to monitor web surfing in the organization. Today the world…