Federal Budget 2012-13 Overview Federal Budget 2012-13 Rs. 2.96 trillion announced by the Finance Minister Abdul Hafeez Shaikh on June 1, 2012. People have lost their interest for this year federal budget 2012-13, one main reason is that in the last budget the government completely failed …
Organization Structure An organization structure refers to the determination of entire organization system of an enterprise. The policies of an enterprise determine the limits within which the enterprise has to work and progress. Similarly the organization structure determines the shapes of the enterprise according to which …
An accountant records a transaction in his book of accounts, first he must understand which transaction should be debited and which should be credited. To perform such accounting transactions, a clear idea of types of accounts and classification of accounts is very important. Classification of Accounts …
Basic Concept of Planning Basic concpet of planning will be better understand from the statement of George R Terry “If there is no planning, there would be nothing to organize, no one to actuate, and no need to control.” We can also say that Planning is …
Followers Theory of Leadership, Leader-Follower Theory Followers Theory of Leadership also known as acceptance theory of leadership. The followers must accept the decisions of their leader and leadership. With follower there is no place for leaders assert this theory. According to this leader-follower theory followers may …
Long Run Equilibrium in Perfect Competition In Long run all the inputs are variable, to get maximum profit there is an option with entrepreneur to adjust his plant size as well as his output. In the long run entrepreneur can extend the period of time so …