LIVE MANAGEMENT EDUCATION

Multiple shopes are also called Chain Store . It is a retail shop that provides standard product at appopriate price. It is called Multiple Shops in European continent whereas it is also called chain store in U.S.A. * Feature;-  1. It operates single management. 2. The price of product is fix. 3. It posses less range of products.  4. Its product is standred. 5. It possess many retail orgnations.  6. It provides  only cash transaction. *Advantage ;-  There are many advantage of multiple shopes. These advantage are as below-  1. Perfect price- It is the first advantage of multiple shops. Manufactures supply a very large quantity of goods to shops so its price is perfect.  2. Maximum sale- It is the second advantage of Multiple shops. They are present near the common people. Its price is genuine so its sale is maximum . 3. No middleman- There is a direct  relationship between Manufactures and customers so there is no middle man like wholesalers, Dist...

Distribution Channels play an important role to distribute prodduct from one place to other place.There are a number of elements of distribution channels.These elements are Wholesalers,Retailers,Distributors etc. Every element plays an important role in the process of distributing product and services.Retailers are the second element whose role is very important because they are direct contact of Customers and convice them an effective way.Their functions are as below- 1.Assembling-It is the first function of Retailers.They purchase product or Services from different Wholesalers and assemble products at one place like their shop or showroom.They sell product or services according to need,want of Customers. 2.To sell Product-It is the second function of Retailers.They sell product or service in the form of small quantity.In this way they fulfill the need,want,desire of customers to purchase and use every type of product. 3.Grading and Packaging- It is also an important function of Retai...

We know that Public Enterprises play an important role for the development of India.India gets independence in 1947.In this time India is undevelop country.Public Enterprises oerform their function by a world class way so India becomes developing country and very soon it becomes develop country.But there are many causes of low productivity of Public Enterprises.These causes are as below- 1.Poor planning-It is the first cause of low Productivity of Public Enterprises.There are many Public Enterprises are established due to regional development of country.Before establishedment proper planning is not made so the production of Publec Enterprises is low. 2.Over capitalization-There are many public Enterprises whose established cost is maximum.Due to maximum investment its product's cost is maximum so its productivity is low because the demand of their product is minimum in market. 3.Overstaffing-It is the third problem of Public Enterprises.There are many hundreds employees work in Pub...

Distribution channels play an important role to distribute product from producers to consumers. There are a number of elements of distribution channels. These elements are wholesalers, retailers, distributor and so on.  Every element plays a different role in the process of distributing. Wholesalers are the first element of distribution channels. Their functions are as below: 1. Assembling : It is the first function of wholesaling. A wholesales buy product from different producers store products and sell according to need of retailers. 2. Warehousing : It is the second function of wholesalers. Every product requires particular type of environment, space, place etc. Wholesalers arrange all these things and store products. 3. Transportation : Transportation is an essential element of business wholesalers arrange transportation facilities and distribute products from store to shop/ retailers. 4. Financing : Wholesalers provide advance money to producer in advance to perform their func...

We know that Public Enterprises are established owned and controlled by Union Government or State Government or any Territorial government.There are many contribution of Public Enterprises for the development of India.These contributions are as below- 1.Capital Formation-The Public Enterprises play a very important role to formulate of capital.In the period of First five year plan they formulate more than 50 percent of total investment. 2.Employment generation-It is the second contribution of Public Enterprises for the development of India.They generate many thousands job every year.There are two thirds of total employment of organised sectors generated by Public Sectors. 3.Regional development-There are a number of regions like North India,Eastern India that do not possess much land,raw material,water,finance so Private Enterprises do not want to established their business in these region.Pubic Enterprises are established all these regions and make regional development of country. 4.T...

 Public Enterprises possess an important position in the development of every economy but they possess a very important role in socialist and mixed economy. The Enterprises that are established owned, controlled by Union Government,or one of the states of Central Government or both these types of Enterprises are called Public Enterprises. In other words we can say that the Enterprises whose 51 percent share owned by Union Government or State Government or any Territorial Government theese types of Enterprises are called Public Enterprises. Rational of Public Enterprises- There are a number of rationals of Public Enterprises.These rationals are as below- 1.To provide basic infrastructure-It is the first rational of Public Enterprises.There are a number of basic infrastructure required to develop economy.These infrastructures are Road,Railway,Electricity, Telecommunication,etc.Public Enterprises are established to provide all these basic infrastructures. 2.To develop core sectors-The...

We know that business is a lawful activities that is performed according to rules regulation of concern government to increase the living  standrad of common people.  There are a number of forms of business organization. These forms are sole proprietorship,partnership, cooperative societies, joint hindu family, joint stock company etc.  Every  form has its own merit, demerit,application . Among all Joint Stock Company is one of the best and popular  from because it is only form  that has limited liability.  Joint stock company is voluntary association of people who contributes their capital in the form of shares to carry on a certain type of business for earning profit.  Features of Joint Stock Company  There are many features of Joint Stock Company.These features are as beow. 1. Voluntary Association of people -It is the first feature of joint stock company . It is a voluntary association of people  who invest their money to earn profit...