Tag Archives | Reasons

Industrial Backwardness of India: 5 Reasons

The following points highlight the five main reasons for the industrial backwardness of India. The reasons are: 1. Social and Religious Institutions 2. Shortage of Capital 3. Scarcity and Shyness of Entrepreneurs 4. Scarcity of Labour 5. The British Imperial System. Reasons for the Industrial Backwardness of India Social and Religious Institutions Shortage of Capital Scarcity and Shyness of Entrepreneurs [...]

By Deepak Bhagat|2016-06-04T05:36:02+05:30June 4, 2016|Industrial Backwardness|Comments Off

Top 6 Reasons for Limiting Profits

The following points highlight the top six reasons for limiting profits. The reasons are: 1. To Discourage Potential Competition 2. To Develop Public Relations 3. To Restrain Wage Demands of Organized Labour 4. To Maintain Customer Goodwill 5. To Maintain Control 6. To Maintain Pleasant Working Conditions. Reason # 1. To Discourage Potential Competition: The economic rationale for profit restriction is [...]

By Samia Rekhi|2016-05-16T07:52:31+05:30May 16, 2016|Profit|Comments Off