Topics
Historical Background of Commerce in the Sub-Continent
Objectives of Business
Classification of Business Activities
Sole Proprietorship
Hindu Undivided Family and Partnership
Joint Stock Company
Cooperative Organisation
Multi National Corporations (MNCs)
Government Organisation
Reserve Bank of India
Types of Banks
Functions of Commercial Banks
Warehousing
Transportation
Insurance
Emerging Service Business in India
Social Responsibility of Business
Business Ethics and Corporate Governance
Sources of Business Finance
International Finance
Micro, Small and Medium Enterprises (Msmes) and Self Help Groups (Shgs)
Types of Trade
Channels of Distribution
- Meaning of Channels of Distribution
- Types of Channels of Distribution
- Factors Influencing Channel of Distribution
- Middlemen
- Kinds of Mercantile Agents or Agent Middlemen
- Meaning of Wholesalers
- Characteristics of Wholesalers
- Meaning of Retail Trade
- Characteristics of Retailers
- Distinction Between Wholesaler and Retailer
Retailing
International Business
Export and Import Procedures
Facilitators of International Business
Balance of Trade and Balance of Payments
Elements of Contract
Performance of Contract
Discharge and Breach of a Contract
Direct Taxes
Indirect Taxation
description
- Advantages
- Voluntary organization
- Easy formation
- Democracy
- Equal distribution of surplus
- Limited liability
- Separate legal entity
- Each for all and all for each
- Greater identity of interests
- Government support
- Elimination of middlemen
- Tax concessions
- Rural credit
- Disadvantages
- Limited funds
- Over reliance on Government funds
- Imposed by Government
- Benefit to rural rich
- Inadequate rural credit
- Lack of managerial skills
- Government intervention
- Misuse of funds
- Inefficiencies leading to losses
- Lack of secrecy
- Conflicts among members
- Limited scope
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