Definition: Planning is a process of developing strategies for accomplishing the pre-determined goals of the company. It is an essential aspect of any business as planning a future adds value to the business. Planning focuses on both an individual or a group target. Efficient planning flourishes the business and encourages the personnel to work effectively on targeted … [Read more...] about Planning
Search Results for: market structure
Business Plan
Definition: Business Plan is an outline of a business project in a written form, i.e., a summarized structure of a scheduled business which includes all the details of business relating to finance, marketing, etc. For running a smoother business, there is no alternative other than making an efficient business plan. However, in various sectors, it can be called with distinctive … [Read more...] about Business Plan
Organizing
Definition: Organizing is one of the most prominent function of management that aims attention at assigning and organizing human as well as other financial resources efficiently to carry out the plans of the organization successfully. It also involved in constructing, establishing, and managing working relationships and requires the planning of tasks and an assorted way to … [Read more...] about Organizing
Balance Sheet
Definition: Balance Sheet is the final statement of the financial report prepared after trading and profit/loss account of a company. It shows the company's exact financial position at the end of the financial year after evaluating the true and fair value of all the assets and liabilities of a business. In short, it is the basic statement of the company that examines the … [Read more...] about Balance Sheet
Retail Banking Vs Corporate Banking
Retail Banking and Corporate Banking both are the system of the banking service but are differentiated according to their customer base, i.e., In retail banking banks deal with the general public or individual person face to face; in contrast in corporate banking, the banks deals with large corporate bodies and not the individuals. However, the purpose of both banking system … [Read more...] about Retail Banking Vs Corporate Banking
Municipal Bond
Definition: Municipal Bond are the bonds which are issued by the local government or agencies to complete their minor projects or to complete the public welfare work for which finance is required, a government issues a certificate consisting of its worth and also provides interest on such certificates to the holders of Municipal Bonds. A general example for which the local … [Read more...] about Municipal Bond
Balanced Scorecard
Definition: Balanced Scorecard method was developed by Kaplan and Norton in 1996. They state that it is a fundamental performance management model used by the companies for enhancing the focus on their strategies and outcomes of the business, considering all the priority factors. In simple words, it is a performance matrix used to provide feedback on the company's internal and … [Read more...] about Balanced Scorecard
Demand Curve
Definition: Demand Curve is a precise set-up to describe the relation amidst price and quantity demanded. It is a graph representing the relationships between the price of a product and the quantity of product that customers are pleased with and ready to purchase at the given cost. Demand Curve is drawn on the presumption that all the other factors of demand indexed earlier … [Read more...] about Demand Curve
Indexation
Definition: Indexation is relief on long-term investments. A long-term investor can claim it merely by showing that, the value of their assets raised is not a real gain, but it rises only due to inflation. It is the inevitable link between monetary constraints and price level. It diminishes the cost of inflation and is enforced on interest, taxes and wages. For instance, … [Read more...] about Indexation
Inflation
Definition: Inflation implies acceleration in the universal price level or moderate level of prices, of all goods and services. In microeconomics, the price of goods is determined when the demand is equal to its supply. Precisely, any factor that either reduces supply or increases demand creates Inflation and when the general price level continues to rise over a long time, it … [Read more...] about Inflation