Optimum Promotion Mix

Promotion Mix is the combination of various tools employed by the company in the advancement of the product in the market, raising its market share …

Personal Selling as a Career

Personal selling happens when companies and business firms send out their salesmen to use the sale force and sell the products and services by meeting …

International Marketing Environment: External and Internal

International marketing environment is a set of controllable (internal) and uncontrollable (external) forces or factors that affect international marketing. International marketing mix is prepared in …

Identifying and Selecting Foreign Market: Foreign Market Entry Mode Decisions

The first stage in international marketing is to identify the right market where the exporter can sell his product profitably because one market differ from …

Objectives of Cost Accounting

Objectives of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and …

Importance of Cost Accounting

Cost accounting is a specialized branch of accounting that deals with the classification, recording, and allocation of current costs and prospective costs. In the modern …

Types of costing

Type 1. Historical Costing: In this type of costing system, the costs are ascertained only after they have been incurred. The main objective of it …

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