Incorporation of a Company & Matters Incidental Thereto Various legal formalities are to be fulfilled for organising a company and it has to cross so many stages. These stages can be divided as under-...
Kinds of Companies Note- Chartered Company and Statutory Company are always public companies. The classification of companies is done from the study facility point of view. This classification is appendedbelow: ● On the basis...
Definition of Consideration Economics In ordinary language, the term ‘consideration’ means anything given in exchange (specially the money) for procuring some other thing. Hence, it is so believed that the measurement of consideration is...
Importance of National Income Analysis 1. For the Economy- The national income data are of great importance for the economy of a country. These days the national income data are regarded as accounts of...
Problems of Measurement in aveloping Economy DOWNLOAD TRICK In a developing economy, complete and reliable information relating to the various methods of estimating, national income are not available due to the following problems: 1....
There are four methods of measuring national income. Which method is to be employed depends on the availability of data in a country and the purpose in hand. (1) Product Method- According to this...
Concept of National Income (1) Gross Domestic Product (GDP): Gross domestic product is the money value of all final goods and services produced in the domestic territory of a country during an accounting year....
defination of national income National-income is an uncertain term which is used interchangeably with national dividend, national output and national expenditure. On this basis, national income has been defined in a number of ways....
Determination of National Income It will be helpful to state here the simplifying assumptions, which are made to specify the model of a hypothetical simple economy for the sake of simplicity in the analysis....
Ethics, Fair Treatment, and Justice Managing human resources often requires making decisions in which fairness plays a role. You hire one candidate and reject another, promote one and demote another, pay one more and...