Difference between Accounts Receivable and Accounts Payable

Accounts receivable and accounts payable are the terms used in the context of accountancy, these two happen when credit transactions are done either by the customer or by the company. Given below are the differences between account receivable and account payable – Accounts receivable happens when customers purchase goods from company on credit hence company [...]

0 comments

Advantages and Disadvantages of Penetration Pricing

Penetration pricing is one of the pricing strategies used by companies when the objective of the company is to set its foot in the market. Under this strategy company initially sets low price for its product or service and then gradually increase the price once the product or service has developed good customer base. Given [...]

0 comments

Benefits of Financial Planning

When you are healthy and when you eat food you do not think about anything but when you get disease like diabetes or blood pressure than only you tend to think about calories and sugar in the food, in the same way when an individual is earning money then an individual do not bother about [...]

0 comments

10 Core Product Examples

Products are used by everyone in their day to day lives; product basically refers to something which is tangible and it is ready for use. There are many levels of product and core level is one of them. The dictionary meaning of core is center and in case of consumers core means basic need for [...]

0 comments

Advantages and Disadvantages of Student Loans

Student loans are taken by many students because all do not have the money to pay for their higher education, student loan refers to those loans which are given to students for pursuing their higher education and it includes all expenses like college fees, book expense, hostel fees and other expense related to higher education. [...]

0 comments