Advantages and Disadvantages of Autocratic Leadership

Leadership is a trait which few people possess and that is the reason why good leaders are difficult to find and companies all over the world are willing to pay anything for getting a great leader in their organization. Different leaders have different leadership styles, autocratic leadership is one of those styles where the leader [...]

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Nash Equilibrium in Oligopoly Market

Nash equilibrium is the word which is used in the context of game theory, it refers to that situation where an equilibrium is established when all the players know each others strategy still they do not change their strategy. It can be better understood with the help of a simple example suppose in car race [...]

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Advantages and Disadvantages of Bill Discounting

Bill discounting is the facility which is provided by the banks to its customers who do business, using this facility the businessman can discount his or her bills of exchange with banks and can receive the payment immediately which in turn results in immediate liquidity for the businessman. Bill discounting is also known as invoice [...]

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Features of Budget

Budget is at the crux of everything that is related to money and budget is not made by the government or big companies only rather it is made by every household; the only difference is of scale because in case of government and companies it is on big scale while in case of household it [...]

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Difference between Cash Flow Statement and Balance Sheet

Cash flow statement and balance sheet both are important financial statements as they represent the financial position of the company; however they both are different in terms of information which they carry for investors. Cash flow statement is like Email because Email is used for mailing purpose only in the same way, cash flow statement [...]

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