Scope of Work and Milestones
by A scope of work (SOW) document is an agreement on the work you’re going to perform on the project The document includes Deliverables This is …
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Operation Research & Managerial Decision Making
Business managers face an endless list of complex issues every day. They must make decisions about financing, where to build a plant, how much of …
Optimum Size of the Firm
It is important to explain the concept of optimum firm. The optimum firm refers to the best or ideal size of the firm. More specifically …
Factors Affecting Optimum Size of the Firm
The six main factors responsible for determining the size of the firm are as follows: Entrepreneurial Skill The most important factor of comes is the …
Characteristics of Various Factors of Production
The four factors of production are inputs used in various combinations for the production of goods and services to make an economic profit. The factors …
Quasi Rent
The concept of quasi-rent was given by Alfred Marshall. He defined quasi rent as surplus earnings generated by the factors of production, except land. The …
Tax Audit
Section 44AB of the Income-tax Act, 1961 contains the provisions for the tax audit of an entity. As per these provisions, tax audit shall be conducted …
Employee’s stock option plan
Employee Stock Option Plan (ESOP)Â is an employee benefit scheme under which the company encourages its employees to acquire ownership in the form of shares. These …
Factors affecting presentation
1) Audience Analysis: If the speaker has analyzed the audience in a proper way before presentation, his presentation will be more effective. On the other hand, poor …
Critical infrastructure
Critical infrastructure (or critical national infrastructure (CNI) in the UK) is a term used by governments to describe assets that are essential for the functioning …
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