The company is the most effective vehicle yet discovered to manage and control modern business enterprise. Other forms of organisation may outnumber it, but most business is transacted by companies. In fact, the company pervades the economic and social life all over the world, because of so many advantages it enjoys over other forms of organisation. Some of the types [...]
Environment scanning is that exercise that involves continuous process of monitoring the dynamic- interplay of all those forces namely, economic, competitive, technological, socio-cultural, demographic and political forces to determine the opportunities. The environmental scanning (appraisal) is the process by which promo0ters of the companies tries to monitor the economic changes, Governmental changes, suppliers attitude and market changes to determine new [...]
In this article we will discuss about:- 1. Definition of Joint Stock Company 2. Features of Joint Stock Company 3. Advantages 4. disadvantages. Definition of Joint Stock Company: A joint stock company is a voluntary association formed for the purpose of carrying on some business. Legally, it is an artificial person and having a distinctive name and a common seal. [...]