Meaning and Nature of Business Negotiation
Introduction to Business Negotiation: Negotiation is a basic human activity. It is a process we undertake in everyday activities to manage our relationships, such as between a husband and wife,…
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Types
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Enterprise Architecture framework (EA framework) and their Components
An Enterprise Architecture framework (EA framework) provides a collection of best practices, standards, tools, processes, and templates to assist in the creation of the Enterprise Architecture and architectures of various…
Types of Plant Layout: Process, Product, and Stationary
Plant layout begins with the design of the factory building and goes up to the location and movement of a work table. After discussion Plant Layout, this article explains their…
What are the utility and types of Accounting? Discussion
Utility and Types of Accounting; This article in we discuss first the utility of Accounting after that we will finally discuss the types of Accounting. So, What is the utility…
Types of Production Systems; Continuous System and Intermittent System
Types of Production Systems; A production manager will have to choose the most appropriate method for his enterprise. The final decision regarding any particular method of production is very much…
What does Labor cost? Introduction, Meaning, and Control
Labor costs represent human contribution. Labor cost is sensitive in nature. The second Major element of cost in most of the manufacturing undertakings is labor cost. Proper accounting and control…
Introduction to Wages: Meaning, Definition, Types, and Methods
What does it mean by Wages? A fixed regular payment earned for their services typically paid on an hourly, daily or weekly basis. Wage compensation pays to employees for work…