17
Aug 14

Limitations of Oligopoly

Oligopoly is the term which is used in the context of economics; it refers to that market structure in which there are only few sellers or producers for the good and therefore there is some pricing power available with the sellers. Given below are some of the limitations of oligopoly – Consumers are at disadvantage […]


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10
Aug 14

Advantages of Accounting

Accounting can be compared with heart of human being, as human beings cannot live without heart in the same way a business cannot function without accounting. When heart fails it result in death, in the same way when accounting fails it results in failure or closure of company. Given below are the various advantages of […]


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03
Aug 14

Difference between Debit and Credit

Debit and credit are the most used words when it comes to accounting and banking, and if you do not know the difference between the two then chances are you will never be able to understand any concept of accounting or banking. Let’s look at some of the differences between debit and credit – In […]


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27
Jul 14

Advantages and Disadvantages of FIFO Method

FIFO is the term used in the context of inventory management, full form of FIFO is First In First Out. It refers to that method through which raw materials for final production are used in order of their entry into storehouse, so the raw materials which came first will be used first and materials which […]


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20
Jul 14

Relationship between Finance and Marketing

Finance and marketing are the two pillars on which the growth and profits of company are dependent and to think that marketing and finance have no relationship is a mistake because if the company does not integrate finance and marketing then it is in big trouble as they both are needed together in order to […]


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