meaning

  1. TOZZIBLINKZ

    Business organisations meaning and types.

    Whether at school or in our personal business chit chat with someone we have come across or make use of the word business organisation . But have you ever asked yourself what exactly is a business organisation ? For those who doesn't know what a business organisation is , by definition a...
  2. TOZZIBLINKZ

    Credit purchases....meaning and importance.

    Credit purchases by definition refers to the transfer of property in goods to a person known as the buyer from a person known as the seller with the intention to pay in future usually an agreeable date by the both parties . Credit purchases is very essential this is because sometimes in life we...
  3. PICKFORD

    Departmentalization meaning and reasons

    The method involved with gathering a venture's exercises into a few units with the end goal of organization at all levels is known as departmentation or departmentalisation. Regulatory units made thusly might be assigned as offices, divisions, units, branches, segments, etc. The getting sorted...
  4. PICKFORD

    Discount and types of discount

    Discount can be defined as the reduction in the price of goods to encourage bulk purchases and prompt payment. a discount decreases the amount someone pays when buying goods. There are various types of discount some of which include: 1. Cash discount: cash discount is an allowance given to a...
  5. PICKFORD

    Credit sale, meaning, disadvantages and advantages

    Credit happens or occurs when A merchant grants or awards authorization to a purchaser to take position and partake in an item with a guarantee to pay later on. it is the interaction by which labor and products are moved to the purchaser from the merchant for his utilization and delight without...
  6. PICKFORD

    Company meaning and types

    An company is what is Incorporated under law and serves to bind together the normal interest of a gathering it is depicted as a fake or artificial individual with isolated lawful character handling privileges and commitment particular from those of its individuals and officials. As a fake or...
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