What If Analysis
By using What-If Analysis tools in Excel, you can use several different sets of values in one or more formulas to explore all the various results. For example, you can […]
Conditional Formatting
Conditional formatting is useful for highlighting certain results in an Excel financial model. For example, breaches in financial ratios or bank covenants. If a financial ratio in the model is […]
Excel as a Tool in Financial Modelling: Basic Excel in Brief
Financial modeling is one of the most highly valued, but thinly understood, skills in finance. The objective is to combine accounting, finance, and business metrics to create an abstract representation […]
e-commerce based activities
Under the e-commerce umbrella there exist a variety of activities. These include: Online Shopping: A prevalent example of e-commerce is shopping via the internet. Virtual stores are created online, often […]
Framework of e-commerce
eCommerce framework is related to software frameworks for e-commerce applications. They offer an environment for building e-commerce applications quickly. E-Commerce frameworks are flexible enough to adapt them to your specific […]
Functions of e-commerce
These are the typical functions of an e-commerce system available both on back office and front office: Registration Basket Payment Product management Orders management VAT and shipping costs Registration In […]
Goals of e-commerce
E-commerce is the route for purchasing goods and services online. The money transactions are done through online thus leads to the digital economy. One research data to know is that […]
Technical components of e-Commerce
Suppliers and supply chain management You are or plan to be a retailer in an increasingly competitive market. It means a lot to come up with a great idea, drive […]
Security of Clients and Service Provider
Security is an essential part of any transaction that takes place over the internet. Customers will lose his/her faith in e-business if its security is compromised. Following are the essential […]
Role of socio-economic environment in entrepreneurship
Role of economic environment in the development of entrepreneurship One of the most important factors affecting entrepreneurship is economic environment. It exercises the most direct and immediate influence on entrepreneurship. […]
Entrepreneurial Behavioral
Entrepreneurial behavioral is one of two behavioral alternatives underlying the desire to undertake innovations and to change the status quo. The other is managerial behavior. Entrepreneurial behavior embraces innovation, is […]
Meaning & Scope of Public finance
Public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in the economy. Prof. Dalton in his book Principles […]
Public finance Vs. Private finance
(i) Adjustment of Income and expenditure. An individual usually adjusts his expenditure to his income. But the public authority generally adjusts its income to its expenditure. In other words, we can […]
Principal of Maximum Social Advantage
The ‘Principle of Maximum Social Advantage (MSA)’ is the fundamental principle of Public Finance. The Principle of Maximum Social Advantage states that public finance leads to economic welfare when pubic […]
Public Budget
“A government budget is an annual financial statement showing item wise estimates of expected revenue and anticipated expenditure during a fiscal year.” Just as your household budget is all about […]
Deficit financing
Deficit financing in advanced countries is used to mean an excess of expenditure over revenue the gap being covered by borrowing from the public by the sale of bonds and […]
