Electronic commerce (e-commerce) is the act of doing business electronically. This means that all your transactions are paperless and you use electronic means such as - EDI (electronic data interchange), electronic mail, bulletin boards, fax transmissions, electronic fund transfers, and the Internet. E-commerce, or simply electronic commerce, is the process used to distribute, buy, sell, or market goods, and services, [...]
Everything you need know about the role of entrepreneurship in economic development. The economic development of any economy heavily depends on the accumulation and availability of fundamental resources like land labour, capital and technology. Technology in particular is contributed by the knowledge of the people in the society. The innovativeness of the entrepreneurs often lead to creation of technology paving [...]
Everything you need to know about the importance of delegation of authority. Delegation is the essence of good organisation. It is an important process to manage the affairs of an enterprise satisfactorily. Delegation of authority means conferring authority to another, to accomplish a particular assignment. That means a manager can get things done through others by sharing authority with them. [...]