Business

Advertising is not bad; it is good in multiple perspectives, from Company view, from Media view & from Society view. Advertising is actually introduction through Print Media & Electric Media. Advertising is costly tool used to increase sales which results more profit company. Why Advertising ?? There are lots of tooth paste brands. Some big companies own more than … [Read more...] about Advantages of Advertising

Advertising is good in some perspectives but Advertising Disadvantages are always neglected by Advertisers. In our daily life, we see lots of advertisements through different channels like TV commercials, Internet Ads, Email, Bill boards, boards at road, fixed LCD/LED at famous malls or roads etc. For registered companies these ads perform two basic functions to human … [Read more...] about Disadvantages of Advertising

The term depreciation has no specific definition under the Income Tax Ordinance, 2001. However, we may understand its concept through general meanings given in accounting For Example "A decrease in the value of an asset through normal wear and tear, or obsolescence is called depreciation" In other words, “depreciation is the process of allocating the cost of a … [Read more...] about How to Calculate Depreciation Expenses – Examples Included

Agreement between two or more members is known as contract. Partnership deed is the best example of contact. Contracts are signed in opening bank account, taking pay day loan and everything you sign for buying product/service. It's lawful. Main Classes of Contract Valid A valid contract is one which is enforceable by law. the object of such a contract is to create an … [Read more...] about Classes of Contract

A person, who find goods belonging to another and takes them into his custody, is subject to the responsibility of taking due care of them and trying to find out the real owner of the goods. It is also to be remembered that the finder has a good title over the things found and that his right is enforceable against all except the real owner. In the words of section 71 “A … [Read more...] about Finger of Goods

Every Business manufacture or trade a product or service to sale. Selling more and more is their basic target. Sales increases company profit, consumer pay cash in return of product which is going to satisfy their need. Basic needs of every human are same like food, shelter, clothes, water & oxygen but in general needs vary person to person. These are developed by our … [Read more...] about Sales Approaches

An agent on behalf of the principal has the same legal worth as principal himself. He can create legal contracts with third parties and act as an agent too. Sometimes or Often, agents are being paid for their services in form of commission Rights of Agent Agent’s Lien An agent is entitled to retain goods, papers and other property, whether movable or immovable, till … [Read more...] about Rights, Duties & Liabilities of Agent to Principal

Advertising is a technique of influencing the mind of the public to buy the goods advertised. Some writers say, “it is a printed Salesmanship by which the goods are made popular.” Anyhow it is an effective and economical way of establishing a contract with customers. It greatly helps to change social attitudes in order to sell products never sold before. So, it is a … [Read more...] about Objectives of Advertising