Hire purchase and Lease: Differences and implications for the business
by Hire Purchase A hire purchase (HP), also known as an installment plan, is an arrangement whereby a customer agrees to a contract to acquire an …
Tag: CCSU B.COM NOTES
Internal audit and Internal control
Internal Control Internal control, as defined by accounting and auditing, is a process for assuring of an organization’s objectives in operational effectiveness and efficiency, reliable …
Limited Liability partnership Act 2008
A Limited Liability Partnership or LLP is an alternative corporate business form which offers the benefits of limited liability to the partners at low compliance …
Communication Models
Communication models are systematic representations of the process which helps in understanding how communication works can be done. Models show the process metaphorically and in symbols. …
Effective communication
An Effective Communication is a communication between two or more persons wherein the intended message is successfully delivered, received and understood. In other words, the communication is …
Theories of communication
Communication Theory Framework Let us examine communication and communication theory through the following viewpoints: Mechanistic: The mechanistic view point says that communication is simply the …
Audience analysis
Audience analysis involves identifying the audience and adapting a speech to their interests, level of understanding, attitudes, and beliefs. Taking an audience-centered approach is important …
Monopolistic Competition: Meaning and Characteristic
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes. Barriers to entry and exit …
Price and Output Determination under Monopolistic Competition
In monopolistic competition, since the product is differentiated between firms, each firm does not have a perfectly elastic demand for its products. In such a …
Selling Costs
Selling costs play the key role in monopolistic competition and oligopoly. Under these market forms, the firms have to compete to promote their sale by …