Terminology - Finance Gross National Product - GNP Gross National Product (GNP) is the total value of all fina…

ROI - Return on Investment..! Terminology - Business, Terminology - Investment, Terminology - Share Market Return …

Terminology - Business:  Every person carrying on business is required to get his/her accounts audited under section …

Terminology - Business,  World Trade Organization ( WTO) This is an international agency that encourages trad…

Terminology - Business : Business Ethics The examination of the variety of problems that can arise from the busin…

Terminology - Business:  Subsidy 5 Important Points From CIEL (1.) A subsidy is the amount spent by the go…

Terminology - Business:  Registration for service tax..! From CIEL A person who provides a taxable servic…

Monopoly A situation in which a single /  one  company owns all or /  nearly all of the market for  a given ty…

Terminology - Business, Terminology - Finance. Budget An estimation of the revenue & expenses over a specifi…

Limited Liability - Terminology - Business The type of investment in which a partner or /  investor cannot lose mo…

A form of business organization in which a company which already has a successful product or /   service (the franchis…

WHAT IS DESIGN THINKING? Most Indians first heard the word `Design Thinking' around mid-August (2014) when the…

Term Competition Competition for buyers is heightened as more sellers enter into a specific industry or / mar…

The opportunity cost of an investment; i e, the rate of return that a firm would otherwise be able to earn at the same…

A business structure in which an individual and his / her company are considered a single entity for tax & liabili…

According to Reserve Bank of India (RBI) norms, a wilful default is when an entity defaults in its payment obligations…

A business deal or / arrangement between 2 parties who are joined by a special relationship prior to the deal. Fo…