The term “finance” is associated with revenue and expenditure. Public finance is a branch of Economics which deals with the government’s revenue and expenditures of an economy. If it is related to the private sector, it is called private finance.Finance includes those means by which we make various types of payment. It may be defined as the provision of money at the time of need. In other words, it is the arrangement of money sources and the acquisition of funds for the satisfactory conduct … [Read more...] about 16 Major Difference between Public and Private Finance
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
Business combination is formed when two or more business undertaking units combine to carry on business together for achieving the economic benefits.It is also originated when a number of different business concerns of same line combine together under one management with a view to achieve some definite objects of mutual benefits.At present we find a general tendency to form cartel, trust, holding company, pool and amalgamation etc at home or abroad for the object of increasing capital … [Read more...] about Business Combination
For every company, competitors are considered to be the main sources of threat. Competitors are having a great influence on the strategies of the company. So, coke always tries its best to continuously improve its strategies and planning procedures. The direct competitor of coke is Pepsi, while its indirect competitors include Nestle mineral water, juices energy drinks, and milk.Basis of CompetitionThe main basis of competition between Coke and Pepsi is price and promotional activities. … [Read more...] about Pepsi and Coca Cola Market in Pakistan
Coke differentiation strategy is for development of product (soft drinks) and services (delivery) to offers unique feature & attributes.Value Addition in features helps a company to offer a special price for it. Like when you buy mineral water is cost you less but when you buy vitamin water, its price is little high. This higher price is to Cover Company’s cost that usually doesn’t cover from routine priced products.Customers surely pay when they don’t have any alternative for you. … [Read more...] about What is Coca Cola Differentiation Strategy?
If you ask Difference between Salesmanship and Selling, most of them will be unable to distinguish and answer. Salesmanship & Selling in general are considered the same thing. People say Salesmanship is selling but actually they are totally different in Business terminology.Difference between Salesmanship and Selling in Broader PerspectiveSALESMANSHIPSELLINGRefers to convincing CustomerRefers to transferring the ownershipIt is an Art or TechniqueIt is an ActIt's Primary … [Read more...] about Difference between Selling and Salesmanship
Thinking to start a business having options of starting own business or getting partners for that? Might be thinking that is partnership better than a sole proprietorship or sole traders is better than a partnership.Here are 15 key variations between Sole Proprietorship and Partnership to help you to take the right decision considering your present conditions.Both Personal business & Partnership have few similarities as they can be started with and without partnership deed, can be … [Read more...] about 15 Key Difference Between Sole Proprietorship and Partnership
Sole proprietorship, Partnering business, Public and Private limited are few forms of business organization. Everyone has different features as well as advantages and disadvantages. Starting a business may be hard without knowledge of a country's law.UK Company law may be different from Germany. In general, the basics are the same. In this reading, you'll be able to analyze the difference between Partnership and Company [Public Limited].The Difference Difference between … [Read more...] about Difference between Partnership and Company