Direct and Indirect Taxes—Merits and Demerits

Direct Taxes All taxes paid directly to state authorities by the taxpayer are direct taxes, income tax, wealth tax, corporation taxes are the examples of direct taxes. These types of tax are calculated on directly on the individual’s earnings or wealth.  Indirect...

Classical Schools of Management

  Classical schools of management, which gave birth to classical management theory during the industrial revolution, are now regarded as one of the vital theories for the effectiveness of an organization. in early ages, managers were unaware from the techniques...

Quantitative School of Management

The theory emerged due to the consequences of WWII is none other than "Quantitative School of Management". The use of statistics, computer simulation & use of various models is used in this theory in order to improve the level of decision-making. The use...

Behavioral Management Theory

Behavioral management theory emerged when employee behavior and motivation was ignored at the time of classical theory. In any organization, relationship is termed as an important set of areas that should be handled with care in order to make every single organization...

Honesty is the bet policy but advertising also helps

An honest man is a brave. He may not be a warrior or popular man, but indeed he has won a great victory over lies. It is really good to be honest and honesty does not mean to be honest only with few people, but it has to be practiced in all spheres of life. One must...

Contingency School of Management

Contingency school of management refers to many possible ways to manage an organization. According to this approach, there is no single best way to manage an organization. Possibilities along with various activities are referred in order to gain the maximum outcomes....

It is hard for an empty bag to stand upright

In order to stand upright some inner strength is needed. In human beings, it is character. It means that one must be internally strong rather than externally. As a human being, we always seek others help. Dependence on others is very dangerous and it can be withdrawn...

Means Justify Ends

There are two philosophies of life. If a person wants to reach some destination, he may adopt different ways to reach there. What method one adopts is to some people, not important but the ends are important. If a person wants to pass an examination, he can pass it by...

Balance of Trade and Balance of Payment

Balance of trade and balance of payment are two commonly used terms in international economics. These terms are different but related to each other as Balance of trade is a component of Balance of Payment. BOT include as current item in balance of payment and...

SWOT Analysis of Dell Corporation

Dell Corporation was founded by Michael Saul Dell (one of the richest people in the world, with a net worth of US$14 billion in 2010) in 1984. The company is headquartered in Round Rock, Texas. Dell employees more than 96000 people worldwide. The Company operates in...