Features and Nature of Oligopoly

Oligopoly is an important type of imperfect competition in economy. It is a market situation where there are few firms or sellers selling either differentiated or homogenous products. The term few sellers generally imply is the number of sellers ranging from two to ten. But it is not necessary that the number should be exactly […]

Take calculated risks

A small business expansion is not without risks. To make the right decisions it will sometimes be necessary to move outside your comfort zone. We’re not saying you should rely only on good luck. By focusing on the end goal and proactively identifying potential roadblocks, you’ll set yourself up for success, even when your next […]

How Co-Ordination Become an Important Operation of Business Management?

The essence of management lies in the co-ordination processes in a business enterprise. The integrity of different actions by the human resource in the firm is connected and unified by co-ordination. The achievement of objectives of the firm has to be the common motive of the employees. Thus, the activities done by them should be […]