Commencement of Business

The Commencement of business refers to the stage at which a newly incorporated company starts …

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Definition & Nature of Company, Types of Companies, Formation of Companies

A Company is a legal entity that is formed and registered under the provisions of …

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Incorporation of Companies

Incorporation of a company is the process of legally establishing a business entity that is …

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Liability of Promoters

Promoters are individuals or entities who conceive the idea of starting a business and take …

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Manufacturing System, Mass, Batch, Job-Shop and Project

Manufacturing system is a set of processes, equipment, personnel, and management practices that are designed …

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Inventory Management and Control, Concept, Objectives, Factors influencing, Forms of Carrying Inventory, Methods Used to Control Inventory

Inventory Management and Control, Concept, Objectives, Factors influencing, Forms of Carrying Inventory, Methods Used to Control Inventory

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Quality Control and Materials Management

Quality Control and Materials Management are two important components of operations management. While Quality Control …

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Techniques of inventory management

Economic Order Quantity (EOQ): The Economic Order Quantity (EOQ) model is a method of determining …

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Factors influencing Production Planning and Benefits of Production Control

Production planning is influenced by a variety of internal and external factors. Organizations need to …

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Production Planning and Control, Role and Scope of PPC in Operations Management

Production planning and control (PPC) is a process that involves the planning, scheduling, and controlling …

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