Central Limit Theorem
The Central Limit Theorem has great significance in inferential statistics. This theorem was evolved by Abraham de Moivre, a French-born mathematician who used the normal
The Central Limit Theorem has great significance in inferential statistics. This theorem was evolved by Abraham de Moivre, a French-born mathematician who used the normal
Index numbers are intended to measure the degree of economic changes over time. These numbers are values stated as a percentage of a single base
Probability is associated with randomness and uncertainty. It is a mathematical field which is similar to geometry and analytical mechanics. Academicians explained probability as the
The statistical procedures are suitable only for numerical variables. The chi square distribution is a theoretical or mathematical distribution which is extensively applicable in statistical
What is inferential statistics? Inferential statistics is used to analyse the results and draw conclusions. Experts described inferential statistics as the mathematics and logic of
Statistics is a branch of math that is used to analyse, interpret, and predict outcomes from data. Descriptive statistics explain the basic concepts used to
In business field, almost everyone in all companies struggle hard to perform better and compete their rivals through offering quality products and services. In order
Value: In business sector, it is necessary to focus on customer satisfaction and trustworthiness to maintain prosperity. Company can maximize customer satisfaction by delivering valuable
Marketing practices are linked with satisfaction of targeted customers and to fulfil their emerging needs and wants in efficient way as compared to business rivals.
In marketing process, there is a need to understand why customer or buyer purchases goods and services. Current literature associated with industrial buyer behaviour that
Marketing process is highly important for the triumph of any company. There are numerous marketing practices adopted by marketer to gain competitive advantage. In marketing
Marketing channels are set of mutually dependent organizations involved in the process of making product or service available for utilization. It is established in academic
In marketing perspective, satisfaction is elucidated as person’s feeling of pleasures or disappointment resulting from comparing a product’s perceived performance in relation to his/ her
Marketing strategy formulation is the procedure to describe major marketing objectives of firm. This facilitates formulators to develop a guide. They scrutinize the market and
Market research is viable process of determining the value or demand of the product in the marketplace in addition to the position of the enterprise
Marketing is enveloping trend in modern competitive world as it contributes greatly for the productivity of firms. The term ‘marketing management’ consists of two different
Good marketing involves the right marketing mix to targeted customer. Marketing forms the lucrative customer relationship. The major aim of marketing is to realize value
Pricing is a significant factor for financial growth of any company. Organizations develop numerous pricing strategies to market their products in order to attract consumers.
Differentiation and positioning considerations are significant components of the marketing which makes company’s product and services unique in competitive market place. Differentiation is used when
Internet marketing or online marketing or web marketing, is a revolutionary process for all types business operations. It is a modern topic in every business
Holistic marketing is done for companies to consider the entire business. In the implementation of holistic marketing strategy, company has to analyse every aspect of
Retailing is practiced by business persons since ancient times. In any set-up, retailing involves the sale of goods and services to the final consumer (Bennett,
Communication is effective part of business development. It is a process of transmitting, receiving, and processing information. Through communication, important messages are exchanged to accomplish
Ethics are explained as the moral principles and values that oversee the actions and decisions of a person or group. They serve as guidelines to
In marketing expressions, a product is any object or service which is made available in a market to satisfy a want or need of customers.
Corporate financial strategy is a business method in which financial mechanisms are used to evaluate the expected success and consequences of projected business strategies and
The valuation of any asset, real finance is equivalent to the current value of cash flows estimated from it. Bond: A bond is defined as
Corporate distress, including the legal processes of corporate insolvency reorganization and liquidation, is a sobering economic reality reflects the corporate demise. Many theorists stated that
Leasing: A lease is a contractual procedure calling for the lessee (user) to pay the lessor (owner) for use of an asset. Lease usually involves two
Derivatives are instruments which include security derived from a debt instrument share, loan, risk instrument or contract for differences of any other form of security
Dividend policy is an important element in financial management. This policy is associated with financial policies about paying cash dividend in the present or paying
Capital and money markets are the platform where governments and numerous corporations raise money from stakeholders in return for the promise of future revenues. 1.
Regulations are very important for the growth of capital markets all through the world. The development of a market economy is dependent on the growth
The notion of capital structure is used to signify the proportionate relationship between debt and equity. In finance area, capital structure denotes to the way
In highly volatile and complicated marketplace, it is import to create shareholder value which can lead to firm’s success. Shareholder value is a business concept,
Financial sector is the mainstay of any economy and it contributes immensely in the mobilisation and distribution of resources. Financial sector reforms have long been
Working capital is an economic metric that signifies the operational liquidity of a commerce, organization, or other entity. It is the most significant constituent of
Cost of capital is vital part of investment decision as it is used to measure the value of investment proposal provided by the business concern.
In managing the financial growth of a company, Cash, receivables and inventory jointly form working capital of a firm. It is imperative for experts to
Leverage is common term in financial management which entails the ability to amplify results at a comparatively low cost. In business, company’s managers make decisions
The major role of financial management is the selection of the most gainful assortment of capital investments and it is a vital area of decision-making
Accounting is described as the language of the business. Financial accounting is important branch of accounting. Financial Accounting is associated with recording, classifying and summarizing
Cost accounting is associated with accounting of the cost. It comprises of Cost and Accounting. The term cost signifies the total of all expenditures involved
Business climate is changing rapidly in current scenario therefore management needs every day and accurate information about the business and costs incurred to take wise
The budget is a vital part of planning and control and it represents as significant mechanism for performance evaluation. The budget is a document designed
Financial statements in financial document used to indicate the financial position of a business at particular moment of time. The statement is prepared at the
Inventory is current assets and it comprises of major part of financial statement in business and manufacturing concerns (Rajasekaran V., 2011). An inventory valuation is
Costing is a significant process of determining cost. Kohler described cost accounting as branch of accounting dealing with the classification, recording, allocation, summarization and reporting
Overhead cost control is used by Small-business owners to monitor, distribute and reduce their overheads. Expenses that cannot be conveniently identified with a specific product
In business realm, reconciliation may be represented as process of tallying the working results or profit as shown by cost accounts with that of financial