What is Letter of Credit? Types, Characteristics, Importance
Letter of Credit reduce payment risks associated with international trade. Bank undertaking of payment separate from contracts.
Learn Business Studies
Learn Business Studies with comprehensive information on key topics like business environment, company structures, CSR, business ethics, foreign trade, and partnerships. Each section covers definitions, features, pros, and cons of business concepts.
Business Combination: Definition, Types and Forms of Business Combinations, Advantages, Disadvantages
Learn About Business Combinations, Types, and Advantages. Explore strategic alliances and integrated operations for growth and success.
Functional Areas of Business
Improve Business Efficiency with Functional Areas – Enhance sales, HR, finance, customer service, distribution & administration to achieve goals.
Business Ethics: Definition, Principles, Features
Understand Business Ethics: its definition, principles, and features. Explore the moral standards guiding ethical business conduct.
Private Limited Company: Definition, Advantages, Disadvantages
Unlock the potential of a Private Limited Company, Enjoy limited liability, tax advantages, financial resources, and seamless business continuity.
Government Company: Definition, Features, Advantages, Disadvantages of Government Companies
Learn Government Companies: Definition, Features, Pros/Cons. Explore efficient management, healthy competition, and drawbacks like lack of initiative.
Memorandum of Association: Definition, Features, Purpose, Importance
A Well-Crafted Memorandum of Association defines company’s purpose, scope, and limitations for success. Discover its features, importance, and more!
10 Types of Share Capital
Discover the various types of share capital, including Authorized, Issued, Unissued, Called, Uncalled up, Paid-up, Reserve, Loan, and Capital Assets.
Statutory Corporation: Definition, Features, Advantages, Disadvantages
Learn Statutory Corporations; it’s definition, features, benefits, and how these autonomous entities promote national interests.
Internal and External Environment Factors of Organizational Environment
Organizational environment denotes internal and external environmental factors influencing organizational activates and decision making.
What is a Company? Definition, Characteristics, Advantages, Disadvantages
Discover the Definition, Characteristics, Advantages, and Disadvantages of a Company.