This article throws light upon the four main stages involved in execution and management of a project. The stages are: 1. Project Planning 2. Appraisal of Projects 3. Implementation of the Project 4. Review and Control of the Project. Execution and Management of Project: Stage # 1. Project Planning: Project planning refers to the formulation of plans of an undertaking [...]
After reading this article you will learn about the Expansion of Business Concern:- 1. Reasons for Expansion of Business Concern 2. Forms of Expansion 3. Forms of Combination. Reasons for Expansion of Business Concern: Growth is always essential for the existence of a business concern. A concern is bound to die if it does not try to expand its activities. [...]
This article throw light upon the ten important reasons for mergers. The reasons are: 1. Economies of Scale 2. Operating Economies 3. Synergy 4. Growth 5. Diversification 6. Utilisation of Tax Shields 7. Increase in Value 8. Eliminations of Competition 9. Better Financial Planning 10. Economic Necessity. Reason # 1. Economies of Scale: An amalgamated company will have more resources [...]