Faizan Ali (MBA - Marketing)

What is Partnership Deed | Features of Partnership Deed

According to the Partnership Act, a partnership deed is necessary for the formation of a partnership. A partnership agreement may be written, oral, or implied. However, a written agreement is…

Introduction to Business

Types of Partnership | Limited and Unlimited Partnership

Partnership is one of the most common forms of business organization. It allows two or more persons to combine their resources, skills, and efforts to run a business and share…

Organizational Behavior

Define Organization | Components | Factors | Organizational Process

An organization is defined as a consciously coordinated social unit made up of two or more persons, who operate on a relatively continuous basis to accomplish certain objectives or a…

Organizational Behavior

Functions, Roles & Skills of Management in Organizational Behavior

The process of planning, organizing, leading, and controlling financial, human, and material resources to enhance effectiveness is referred to as management. Functsions of Management 1. Planning The strategy of the…

Organizational Behavior

What is Organizational Behavior | Importance of OB

The discipline of study that inquires into the influence that individuals, structure, and groups have on behavior within organizations, for the purpose of applying such knowledge toward enhancing the effectiveness…

Financial Management

What is Percentage of Sales Forecasting Method | How Its Work

The percentage of sales forecasting method is one of the simplest and most widely used techniques for preparing financial forecasts. It helps businesses estimate future financial performance by linking key…

Introduction to Business

Transfer of Property | Transfer of Title of Goods

According to the Sale of Goods Act, there are specific rules regarding the transfer of property in goods from the seller to the buyer. These rules determine when ownership passes…

Introduction to Business

Difference between Partnership and Co-ownership

Generally, the liability of a firm is unlimited, although it may be clearly stated if any partner has limited liability up to a certain amount. When two or more persons…

Money and Banking

Holder in Due Course of a Negotiable Instrument

Negotiable instruments such as promissory notes, bills of exchange, and cheques play a vital role in business transactions. To ensure smooth circulation and trust in these instruments, the law provides…

Money and Banking

Difference between Cheque and Bill of Exchange

A cheque and a bill of exchange are both negotiable instruments used in financial transactions. While they serve similar purposes in facilitating payments, they differ in terms of usage, legal…