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partnership.jpg

Partnership Definition Characteristics Advantages & Disadvantages

Expanding business activities gave rise to partnership as the sole proprietorship with its limitations could not rise according to the demand of time and requirements of expanding business activities. More capital, enhanced risk greater managerial talents and Abilities were being expected from the sole proprietorship which …
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Survey Research Definition, Steps & Research Design

Survey Research Definition Survey is an extensive cross sectional approach, where a number of cases are considered at a particular time and the data is gathered to study the opinions, behavior, attitudes, habits, desires, values and beliefs etc. (the characteristics of certain population are studied). Survey …
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Sole Proprietorship Advantages

Sole Proprietorship Advantages and Disadvantages

Advantages of Sole Proprietorship Sole proprietorship enjoys the following benefits over other forms of business organizations Easy Formation Setting up a sole proprietorship is very simple, because there are no special legal formalities like permission from government; preparation of necessary documents, registration etc. required to start …
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Characteristics of Sole Proprietorship

Sole proprietorship is the simplest and oldest form of business organization. It is as old as civilization. This form of organization is owned by one person. He works as a financer, manager, employer, decision maker. In case of profit, he enjoys the whole profit and in …
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Sole Proprietorship Business Meaning Characteristics Advantages

Meaning In Sole proprietorship business organization entrepreneur (individual) introduces his own capital, uses his own skills to manage and responsible for the results profit or loss. Unlike Limited Liability Company LLC or Corporation it does not need to be registered with the state. If you are …
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Agile Project Management

We hear a lot about agile development practices nowadays. Earlier it was known to be restricted to software industry but now it has a larger scope. These practices have entered other fields as well to serve the organizations in managing their projects in an advanced manner. …
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Agile Project Management Methodologies for Software Development

Agile Project Management Methodologies for Software Development

Software industry has flourished as surprising phenomena just a two decades back and ever since then it is doing wonders in every manner. Though it brought wonders to the world, at the same time software development industry went through a number of progressive steps over the …
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Project Risk Assessment Matrix

Definition and Meaning It is one of the most effective tools which is meant to be used for the senior management for raising awareness and making the risks visible so that the most appropriate decisions are made on different risks. When the project management solutions are …
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Risk Management and Implementation of Risk Assessment Software Tool

Risk is involved in almost every kind of deal or project. We do everything on the basis of risk. When it comes to business, the basis is always laid by risk. That’s why organizations always worry about the risk process and they look for solutions for …
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Project Execution Plan (PEP)

A plan for project execution can be developed with the help of the strategic brief and business case. Project execution plan is a proper document that describes who is supposed to achieve the particular target and when. The targets in such plan include costs, products, benefits, …
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