Government Company: Definition, Features, Advantages, Disadvantages of Government Companies
A government company is a company in which 51% or more of the paid-up capital is held by the Government …
Limited Partnership: Definition, Advantages, Disadvantages of Limited Partnership
A limited partnership firm formed by general partners and limited partners; where the general partner(s) run the business and have …
Types of Partners in Partnership Business (Rights, Duties, Liabilities of Partners)
In a partnership firm, you can find different types of partners. Some may actively participate in the business while others …
Documents Used in Foreign Trade
In foreign trade, there is no element of the casualness sometimes present in transactions taking place in the local marketplace. …
What is Letter of Credit? Types, Characteristics, Importance
A letter of credit is a bank undertaking of payment separate from the sales or other contracts on which it …
Small Business: Characteristics, Strengths, Reasons for Failure in Small Business
Entrepreneurship is exposed in the form of a small venture. Every big business today started as a small business. It …
Business Location Analysis: Definition, Objectives, Factors
Location refers to the choice of region and the selection of a particular site for setting up a business or …
Foreign Trade: Definition, Types of Foreign Trade
Foreign trade is the exchange of capital, goods, and services across international borders or territories. In most countries, it represents …
What is Commercial Policy? Instruments of Commercial Policy
A commercial policy or trade policy is a governmental policy governing trade with other countries. This covers tariffs, trade subsidies, …
What is Amalgamation? Types of Amalgamation
Amalgamation is an arrangement where two or more companies consolidate their business to form a new firm or become a …