WHAT IS PARTNERSHIP IN BUSINESS? NEW DEVELOPMENTS 2024 A partnership is a business organisation formed and owned by two or more people known as partners to carry out business with an aim of making profit. OR Is the association of two to twenty peoples carrying on a business in common with a view of making profit. FEATURES OF PARTNERSHIP They …
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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) Public sector (ii) Private …
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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 various matter and offer free …
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