In order to understand possible options for reducing potential risks and losses to humanity caused by disaster, it is important to clearly define terms used in disaster mitigation. Hazard An extreme event or condition induced by nature, human, or an economic situation that has the potential …
Disaster Management Definition & Objectives In Disaster manangment we prepare for mitigation and managing all the activities which can help to reduce the impact, save lives and communities’ rehabilitation. We form common objectives and values where we encourage stakeholders to plan for and deal with potential …
What is Financial Accounting Process The financial accounting process tracks business events and transactions by recording their effect on the business financial position. The end product of this process is the financial statements of the business. In this unit you are introduced to accounts. Accounts is …
Meaning During the life course, we feel joy being in love and sorrow over someone’s death. All of us feel the strong feeling that accompanies both very pleasant and very negative experiences. Moreover we experience such reactions on a less intense level throughout daily lives, such …
There are different company types limited by shares i.e. Private Limited Companies Private limited companies (or privately held corporations) are generally family or closely held businesses. The Companies Ordinance of Pakistan (1984) requires at least two members to establish a private limited company. The maximum number …
Meaning A company is a third legal business structure and has entirely a different organizational structure from the sole proprietorship or partnership. Its formation is due to firstly, the sole proprietorship and partnership cannot meet the increased capital demand of industry and commerce. Secondly, the company …
