After reading this article you will learn about the social responsibility of the management. Meaning of Social Responsibility: The term 'social responsibility' has three different meanings, viz., social obligation, social reaction and social responsiveness. According to Milton Friedman and his followers, a corporation engages in social responsible behaviour when it pursues a profit within the constraints of law as imposed [...]
Break-Even Analysis: Another form of financial analysis is breakeven analysis. It is a technique for finding a point at which a project will cover its costs, or break even. It is often used to make an initial decision on whether to proceed with a project. Breakeven analysis is also a technique of financial control in the sense that further analyses [...]
This article throws light upon the three main motives behind selling companies. The motives are: 1. Locating the Right Buyer 2. Secure Acceptable Terms of the Deal 3. Obtaining Satisfactory Autonomy. Motive # 1. Locating the Right Buyer: For entrepreneurs concerned about the company's future, this task involves locating the correct buyer — one whose objectives regarding the acquired firm [...]