What is Amalgamation? Definition, Meaning and Example
Definition of Amalgamation In general, the definition of amalgamation can be stated as follows."Amalgamation is a union of two or more companies, made with an intention to form a new company."In terms...
View ArticleHow to Start a Business? Steps to Set Up a New Business
How to Start a Business? Starting a business means setting up a new business enterprise. This initiation is also known as the promotion of business.Image credits © Ashley Renee.Promotion of business...
View ArticleWhat is Fixed capital? Definition, Meaning and Examples
Definition of Fixed Capital In general, the definition of fixed capital can be stated as under.“Fixed capital is a compulsory initial investment made by the entrepreneur to start up the activities of...
View ArticleWhat are Features of Fixed Capital?
What are Features of Fixed Capital? The ten important features of fixed capital are depicted in the following image.The main characteristics or features of fixed capital are listed as follows:Purchase...
View ArticleWhat is Foreign Collaboration? Definition, Meaning, Examples
Definition of Foreign Collaboration In general, the definition of foreign collaboration can be stated as follows.“Foreign collaboration is an alliance incorporated to carry on the agreed task...
View ArticleWhat are Features of Foreign Collaboration?
What are Features of Foreign Collaboration? The nine important features of foreign collaboration are depicted below.The main characteristics or features of foreign collaboration are as follows:A type...
View ArticleWhat are Types of Foreign Collaboration?
What are Types of Foreign Collaboration? The four main types of foreign collaboration are depicted below.The classification or types of foreign collaboration include namely:Financial collaboration....
View ArticleWhat is Priority Sector Lending? Meaning and Areas
Meaning of Priority Sector Lending Priority sector plays an important role in the economic development of the country. Therefore, the Central (Federal) Government of any country gives this sector...
View ArticleWhat are the Advantages of Amalgamation?
What are the Advantages of Amalgamation? The ten principal advantages of amalgamation are depicted below.The main benefits or advantages of amalgamation are as follows:Operating economics....
View ArticleWhat are the Advantages of Mergers?
What are the Advantages of Mergers? The nine major advantages of mergers are depicted below.The major benefits or advantages of mergers are as follows:Economies of scale. Tax benefits. Financial...
View ArticleWhat is Turnaround Strategy? Meaning, Definition, Examples
Meaning of Turnaround Strategy Following diagram depicts the core meaning of turnaround strategy.The concept or meaning of turnaround strategy covers following points:Turnaround strategy means to...
View ArticleExplain the Features of Turnaround Strategy
Explain the Features of Turnaround Strategy Following image briefly explains important features of turnaround strategy.Nine important characteristics or features of turnaround strategy are:Turnaround...
View ArticleFunctions of Business - Internal, External and Support
Functions of Business The most fundamental or primary functions of business are depicted below.The functions of business are mainly categorised into three groups viz; Internal functions of business,...
View ArticleStages in Evolution of Business from Local to Global
Stages in Evolution of Business Explain the evolution of business.Let's understand the broad meaning of evolution of business.“Evolution of business means its origin, growth, and continuous...
View ArticleDisclaimer and Privacy Policy of Kalyan City Life Blog
Disclaimer of blog We have taken enough care and necessary efforts to provide correct information on all concerned topics. However, we still don't make any guarantees regarding accuracy or...
View ArticleSources of Fixed Capital or Long Term Finance
Sources of Fixed Capital or Long Term Finance The main sources of fixed capital or long term finance are depicted below.The sources of fixed capital or long term finance are:Issue of Equity and...
View ArticleExplain Role or Importance of Fixed Capital
Explain Role or Importance of Fixed Capital Following diagram briefly explain the main role or importance of fixed capital.The main role or importance of fixed capital is listed in following eight...
View ArticleFactors Influencing or Affecting Fixed Capital Requirement
Factors Influencing or Affecting Fixed Capital Requirement Following diagram highlights the important factors influencing or affecting fixed capital requirement of a business. Click on image for a...
View ArticleWhat is Inventory? Meaning Definition Examples
Meaning of Inventory Let's find out, What is inventory?Inventory is the stock of goods held for doing business. It is usually required to carry on the business and its allied activities. Important...
View ArticleWhat is Inventory Control? Definition Meaning Achievement
What is Inventory Control? Definition 1. According to Gordon Carson,"Inventory control is the process where by the investment in materials and parts carried in stocks is regulated, within...
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