Entry in pure monopoly is blocked. There are strong barriers that effectively block strong competition. Somewhat weaker barrier permit oligopoly-A market structure dominate by few firms. Still weaker barrier may permit the entry of fairly large numbers of competitors giving rise to monopolistic competition. No barrier me... read more

business economics

April 03, 2019

Mission Statement “A written declaration of an organization's core purpose and focus that normally remains unchanged over time.” A mission statement is a short sentence or paragraph utilized by a corporation to clarify, in modest and brief expressions, its resolutions for being. These declarations... read more

introduction to business

November 18, 2018

Finance is a broad term basically used for two concepts; the study of  to how effectively manage the money and the acquisition of money. Previously   finance was only divided into three categories that are Corporate Finance, Public Finance and Personal finance but recently it is divided into five categorie... read more

financial management

November 09, 2018

COMPANY OVERVIEW: The journey of Shan’s remarkable success starts from 1981, when the dream of one man became a reality. A visionary entrepreneur, an avowed humanist and a committed philanthropist, Mr. Sikander Sultan, CEO Shan Foods (Pvt.) Ltd, helped pave the way to success by pioneering in the spice business... read more

marketing management

March 09, 2018

The market value of land and buildings usually represents fair value, assuming existing use and line of business. Such valuations are usually carried out by professionally qualified valuers.   Most importantly, when an item of property, plant and equipment is revalued, the whole class of assets to which it ... read more

financial management

January 06, 2018

Recording, Classification and Reporting of Property Plant and Equipment / Fixed Assets is governed by IAS 16 – Property Plant and Equipment IAS 16, Property Plant and Equipment This standard covers all aspects of accounting for property, plant and equipment. This represents the bulk of items which are &ldqu... read more

financial accounting

January 06, 2018

Purpose of marketing environment analysis:  To know where the environment is leading, to observe & size up the relevant events & trends in the environment.  Strategic response to environment is possible only with proper environment analysis. To assess the scope of various opportuniti... read more

marketing management

January 03, 2018

There are two main sources of financing a project i.e. Own funds and  Loan funds.  The cost of a project depends on the nature of project i.e. a project set up for the first time, expansion project, modernization project, diversification project, take over project joint venture project, merger project etc.  ... read more

financial management

May 23, 2017

A commercial bank is a financial institution that provides services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit (CDs). The traditional commercial bank is a brick and mortar institution with tellers, s... read more

specialized financial institutions

April 02, 2017