Month: January 2022

Methods of Raising Finance A company can raise finance in the following ways: From finance classified according to the relationship to the party giving the finance, e.g. 1) Equity finance- This is finance provided by real owners of the business Read More …

Distribution describes all the logistics involved in delivering a company’s products or services to the right place, at the right time, for the lowest cost. Well-chosen channels constitute a significant competitive advantage, while poorly conceived or chosen channels can doom Read More …

Marketing is defined by the American Marketing Association as “the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large The Chartered Institute of Marketing defines Read More …

Product pricing refers to establishing a selling price for a product. The basic rules of pricing are: All prices must cover costs and profits. The most effective way to lower prices is to lower costs. Review prices frequently to assure Read More …

Production means application of processes (Technology) to the raw material to add the use and economic values to arrive at desired product by the best method, without sacrificing the desired quality. Types of Production Systems The organization of manufacturing systems, Read More …

Recommended Procedures for Compliance Members and Candidates Suggested methods by which members and candidates can acquire and maintain understanding of applicable laws, rules, and regulations include the following: Stay informed: Members and candidates should establish or encourage their employers to Read More …