Business

Business is an activity of individual to sell the product and the service for making money. Businesses must satisfy a societal need. The main objective of the business is the profit. A businessman need to believe in his strengths and skill for the growth of any business. Every business has two parties one is buyer and other is seller. Business is just a contract or an agreement between buyer and seller.

 

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Advantages and Disadvantages of Mutual Funds
Business

Advantages and Disadvantages of Mutual Funds

There are a lot of options that people can choose from to safeguard or increase their financial resources. These are called investments. Consumers sometimes buy fixed assets or deposit this money into banks. Options such as FDs safeguard financial resources and also increase them over time. Fixed assets guarantee safeguard unless there’s a mishap, but don’t always increase one’s financial resources.  Mutual funds allow consumers to increase their financial wealth, but only at a risk. They have various advantages and disadvantages of their own. WHAT IS AN INVESTMENT? An investment is an asset or item acquired with the goal of generating income or appreciation. Goods that are purchased to be used in the future to create wealth are known as investment. In finance, an investment is a monetar...
Advantages and Disadvantages Of Bankruptcy
Business

Advantages and Disadvantages Of Bankruptcy

In the event of a financial crisis, there is no guarantee as to what direction things can take. Many people emerge victorious and are able to get back up on their feet. Others, however, are forced to give up their belongings and declare bankruptcy. Whatever knowledge most people have of bankruptcy comes from pop culture. People having to live on the streets, struggling to find food, owning nothing but the clothes already on their bodies. This is not necessarily true. Bankruptcy might sound like something really scary, but it has its own advantages and disadvantages. WHAT IS BANKRUPTCY? Bankruptcy is both a financial condition and a legal process. As a financial condition, it means that someone is not in a position to repay the debts that they owe to others. It is also a legal process thr...