Job Description of Purchase Manager/Personnel
Job Description of Purchase Manager/Personnel
DUTIES OF THE PURCHASE OFFICER- The duties of the Purchasing Officer will inevitably vary from one establishment to another but...
FINANCIAL PLANNING (MEANING & SCOPE)
Financial Planning
Financial Planning is a vital part of Financial Management. In fact, planning is the first function of management. Before embarking on any venture,...
BASICS OF CAPITAL BUDGETING
What is Capital Budgeting?
Capital budgeting is defined as the process of planning for projects on assets with cash flows of a period greater than...
IMPORTANCE OF CAPITAL BUDGETING
IMPORTANCE OF CAPITAL BUDGETING
1. Long-term Implications of Capital Budgeting
A capital budgeting decision has its effect over a long time span and inevitably affects the company’s future...
CAPITAL EXPENDITURE
Capital expenditure, or CapEx, are funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment....
Factors Determining Working Capital Needs
FACTORS AFFECTING WORKING CAPITAL
1. Nature of business2. Production policy3. Credit policy4. Inventory policy5. Abnormal factor6. Market conditions7. Conditions of supply8. Business cycle9. Taxation policy10....
Fixing of Standards in Production Control
The word “standard” is synonymous with the phrase – “what it should be”. It actually is the base for any control that is to...
Factors Determining Capital Structure
Factors Determining Capital Structure
Trading on Equity- The word “equity” denotes the ownership of the company. Trading on equity means taking advantage of equity share capital...
Aims and objectives of cooking
In this chapter we are going to discuss about the aims and objectives of Cooking.
What is cooking?
Cooking is a chemical process where in...
SHORTENING (FATS AND OILS)
Fats and oils appear as creamy or fluid substances. The main difference between them is the melting point. When fat is heated it will...
