Everything you need to know about the different types of retailers. Retailers have multiple functions. At one end they create market for consumption of the goods and services and on the other hand generate employment for millions of people. A retailer forms the last and vital link in the channel of distribution of products because they are the ones which [...]
Everything you need to know about the advantages and disadvantages of partnership. Partnership organisation is admirably suitable for medium-size undertakings, where personal efforts of the owners are essential. Besides sole proprietorship partnership is another popular form of business organisation that exist in our society. The term partnership literally means, 'an association of two or more people as partners'. Thus, partnership [...]
Everything you need to know about fringe benefits in HRM. Fringe benefits are supplementary compensation made in addition to wages, the object being to stimulate the interest of the workers and to make the job more attractive and conducive. Fringe benefits include status (cars, entertainment facilities, holidays, foreign travel, telephone); security (insurance, medical facilities, children's education), and work benefits (office [...]