This article throws light upon the seven main legal aspects of business merger. The aspects are: 1. Analysis of Proposal by the Companies 2. Determining Exchange Ratios 3. Approval of Board of Directors 4. Approval of Shareholders 5. Consideration of Interests of the Creditors 6. Approval of the Court 7. Approval of Reserve Bank of India. Merger: Legal Aspects # [...]
This article throws light upon the seven main types of business function of a manufacturing undertaking. The types are: 1. Purchase Function 2. Productivity Function 3. Distribution Function 4. Accounting Function 5. Personnel Function 6. Research and Development 7. Financial Management and Economics. Type # 1. Purchase Function: Materials required for production of commodities should be procured on economic terms [...]
Dimensions of business environment that influences the performance of many firms are: 1. Economic Environment 2. Social Environment 3. Technological Environment 4. Political Environment 5. Legal Environment! The Dimensions or the factors constituting the business environment include political, social, technological, legal and economic factors which are considered important for taking decisions and for improving the operations of a firm. [...]