organizational chart

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 collectively with the participation (role) of resident and non-resident entities.�Alliance is a union or association formed for mutual benefit of parties.Foreign collaboration is such an alliance of

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 of fixed assets. Promotion and expansion of business. Low liquidity. Permanent in nature. Primary sources. Amount of fixed capital. Long-term needs of business. Source of wealth and risk. Source of

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 his business.�Fixed capital is a mandatory one-time investment made at the introductory phase of a business establishment.Fixed capital is not alike working capital, which is required on a

How to Start a Business Starting a business means setting up a new enterprise and initiate its promotion in the market. The setup and initiation of a company is a foundational work done by a Promoter or an Entrepreneur.The entrepreneur has to take some crucial steps to start a business. Doing its promotion is not an easy task. One mistake can create many problems for newly founded business.

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 of finance, the definition of amalgamation can be given as under."Amalgamation is an agreement (deal) between two or more companies to consolidate (strengthen) their business activities by

Definition of Merger The definition of merger in general and in finance can be stated as follows:In General,"Merger is an absorption of one or more companies by a single existing company."In Finance,"Merger is an act or process of purchasing equity shares (ownership shares) of one or more companies by a single existing company."Image credits � Arrow International. Meaning of Merger Before we

How to Implement Total Quality Management TQM? The most important purpose for the implementation of a Total Quality Management TQM process is to get the assigned task completed at the right time and with quality improvement.The Six Cs for successful implementation of a Total Quality Management (TQM) process are depicted as follows:The Six Cs required for proper implementation of a TQM are given