KEY DEFINITIONS OF BUSINESS UNIT Definition Is an organization or firm that deals in the production or distribution of commodities usually for the purpose of making profit. It may be set up by an individual or group of individuals and its size depends on the amount of capital invested. FORMS OF BUSINESS UNIT (i) … Read more
DEPTH OF STOCK EXCHANGE MARKET : 2024 UPDATES Is the market which deals with the purchase and sale of already issued security such as share, bonds, etc. BROKERS Are the people who buy and sell share on behalf of others. Anybody wishing to buy a share must approach a broker, who will brief him on … Read more
LIST TYPES OF INSURANCE RELEVANCE TO MARKET Insurance can be divided into two main parts; 1. Assurance/ Life Insurance 2.General Insurance ASSURANCE/LIFE INSURANCE Refers to Insurance against human life i.e -Death -Old age for specific years POLICY UNDER LIFE INSURANCE Endowment policy The money is paid to his relatives at his death or when the … Read more