After reading this article you will learn about:- 1. Meaning of Data Processing 2. Stages in Data Processing 3. Advantages. Meaning of Data Processing: The word 'data' is the plural of the word 'datum' which means 'fact'. Thus, data means facts. These may be numeric, textual, pictorial or even vocal. Facts are represented by symbols. For example, numeric data can [...]
After reading this article you will learn about the merits and demerits of self-financing. Merits of Self-Financing: The advantages of ploughing back of profits or self-financing for the convenience of study can be classified under three groups: (i) Advantages to the corporation, (ii) Advantages to the shareholders, and (iii) Advantages to the country or nation. Advantages to the Corporation: The [...]
After reading this article you will learn about:- 1. Meaning of Public Deposits 2. Merits or Advantages of Public Deposits 3. Demerits or Disadvantages. Meaning of Public Deposits: One of the traditional methods of raising funds in India has been that of receiving public deposits. Before independence, the practice of receiving public deposits was prevalent mainly in cotton textile industries [...]