Armstrong (1999) said that the organizational culture is the pattern of values, norms, beliefs, attitudes and assumptions that may not have been articulated but shape the ways in which people behave and things get done. Organizational Culture: Introduction, Components, Functions and Barriers Contents: Introduction to Organizational Culture Organizational Culture ― An Analytical Overview Beginning of Organizational Culture Components of Organizational [...]
There are mainly three forms of business organisation which are as follows: 1. Sole Proprietorship 2. Partnership 3. Joint Stock Company. While starting a business one has to choose one out of these different forms. Form # 1. Sole Proprietorship: One man business or sole proprietorship is the oldest form of business organisation from ownership point of view. In this [...]
In an international trade transaction, there is a time lag between the transfer of goods by the exporter to the importer, and transfer of payment by the importer to exporter. To protect both parties from counter-party risk, a number of documents are created and used. These are listed below: 1. Bill of Exchange 2. Bill of Lading 3. Letter of [...]