Faizan Ali (MBA - Marketing)

Annuities and Perpetuities | Types AND Examples

Annuities and perpetuities are related to the discounting of cash flows that occur at some point in the future. Let’s discuss them below in detail with examples. What is Annuity…

Business Communication

What is the Importance of Business Communication

Importance of communication in business needs no emphasis. The great developments in trade and commerce over the years have led to a corresponding increase in its importance. Referring to the…

Business Communication

What is Business Communication | Forms of Business Communication

The term ‘communication’ has been derived from the Latin word “communis’ that means ‘common.’ Thus communicate’ means ‘to make common’ or ‘to make known.’ This act of making common and…

Organizational Behavior

What is Power | Concept of Power | Types of Power

Power is the capacity that one person (A) has to influence another person’s (B) behavior so that B acts in accordance with A’s desires. Key Characteristics of Power Power may…

Organizational Behavior

What is Negotiation | Approaches | Process of Negotiation

Negotiation is a joint process of finding a mutually acceptable solution to a complex conflict. It is especially useful under the following conditions: A conflict of interest exists between two…

Organizational Behavior

Methods of Collecting Job Analysis Information

Job analysis is the process through which the nature of jobs, duties, and the types of individuals suitable for them are identified. The information collected from job analysis helps in…

Organizational Behavior

Define Conflict | Forms AND Categories of Conflict

Conflict is defined as a process in which one group perceives that its interests are negatively affected or opposed by another group. It involves the understanding by groups that they…

Business Law

Definition of Agent | Types of Agents | Personal Liabilities

The agent has been defined under section 182 of the Contract Act 1 872 as follows: “An agent is a person employed to do an act for another or to…

Business Law

Contract of Guarantee | Parties | Modes of Termination

What is Contract of guarantee? According to section 126 of The Contract Act, a contract of guarantee has been defined as follows: “A contract of guarantee is a contract to…

Business Law

Contract of Indemnity | Parties to the Contract

Contract of indemnity is a contract in which one party promise to pay the amount of loss causes by another. A contract of indemnity has been defined under section 124…