Oscar Wilde, an Irish poet, and a successful playwright said, “it is what you read when you don’t have to that determines what you will be when you can’t help it.”Name a successful entrepreneur and you will see he has a reading habit. This is a common quality which you will find in every entrepreneur. From an entrepreneur who builds a rocket to an entrepreneur who is an owner of windows, you will see that they love reading.Elon Musk, when he was asked how he learned to build rockets, his … [Read more...] about Why Entrepreneurs Have a Reading Habit?
Impulse buying can be explained as when you go to the market to buy flowers and some eatables but return with these things along with a new dress and a pair of shoes about which you did not have planned.This is a phenomenon by which retailers boost their sales because they play with the consumer’s psyche. In the US, around 80% of young people are additive to this unplanned shopping especially in holidays even rates are increased.Retailers could never increase their marketing without … [Read more...] about Causes of Impulsive Buying
Stock market issues equities or shares to the public of different public limited company to the general public. The processes work in a flow from sales at a primary market in the first phase and reselling of in secondary markets. Stock market orders are performed through speculators.6 Different Types of Stock Market OrdersFixed Price OrderWhen the broker receives instruction from the client to buy or sell certain shares at a fixed price indicated in the order it is called a … [Read more...] about Stock Market Orders
Basically there are two types of taxes i.e. direct taxes and indirect taxes. However, there are further types of direct and indirect taxes. A brief list of both the major taxes is as under:Types of Direct TaxesProportional taxesProgressive taxesRegressive taxesDigressive taxesTypes of Indirect TaxesSpecific taxesAdvalorem taxesValue added taxesDirect TaxesThe taxes for which the burden of taxes cannot be transferred, are called direct taxes. According to H.Dalton, “A … [Read more...] about Types of Taxes
CARTELTRUSTIt can be formed easilyThe formation of the trust is a complicated matter Cartel is a horizontal type of combinationIts type is vertical. In the cartel, member firms possess separate entity and are free in their internal affairsIn the trust, central body is considered policy maker and the member firms are bound to execute the policy. Generally the members are not free in internal affairsAs distribution activities are performed collectively by its members, it can secure economies … [Read more...] about Differences between Cartel & Trust Form of Business
As a report of Federal Deposit Insurance Corporation in February 2014, there were 6799 FDIC insured commercial banks in the USA. The central bank of USA is the Federal Reserve Bank which was established in 1913.4 Types of banks in USASavings banks Commercial banks Credit unions Savings and loansThe USA’s Largest Banks1. JP Morgan Chase & Co.JP Morgan Chase & Co. is one of the largest and Top rated banks of USA, it is a result of merger of several banking … [Read more...] about Top 5 Banks in The USA
Set Off of Losses are The adjustment of losses from one head against the income, profits or gains of any other head of income during the same tax year is called set-off of losses.Carry Forward of Losses are The losses are not fully adjusted against the income of the same tax year and such losses are transferred to the next tax year, this process of transferring un- adjustable losses to the next year is known as carry-forward of losses.Now the question arises, whether such adjustment of … [Read more...] about Carry Forward Losses & Set off Losses