Tag Archives | Management

Multinational Corporation

A multinational corporation (MNC) or transnational corporation (TNC), also called multinational enter­prise (MNE), is a corporation or an enterprise that man­ages production or delivers services in more than one country. It can also be referred as an international cor­poration. MNCs will always look out for opportunities. They carry out risk analysis, and send their personnel to learn and understand the [...]

By |2020-05-14T18:10:35+05:30May 14, 2020|Multinational Corporation|Comments Off on Multinational Corporation

What is Business

Business has certain social objectives, besides the economic objectives. Business and culture are closely connected and they influence each other. Social and cultural environment refers to the influence exercised by certain social and cultural factors like family, marriage, religion, education, attitude of people to work, ethics, attitude to wealth and social responsibility of business. Business is an economic venture. Involving [...]

By |2020-05-05T17:19:00+05:30May 5, 2020|Business|Comments Off on What is Business

Industrial Sickness

The sick industrial companies (special provision) act 1985, defined sickness in terms of "cash losses for two consecutive financial years and accumulated loses equaling or exceeding the net worth of the company at the end of the second financial year". The problem of industrial sickness is nothing peculiar to our economy or any developing coun­try. It is also present in [...]

By |2020-05-05T17:18:38+05:30May 5, 2020|Industrial Sickness|Comments Off on Industrial Sickness
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