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WHAT IS A FIRM?

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FIRM The firm is a constituent element of an industry. Firms of different sizes , location, ownership, efficiency constitute an industry. The immediate environment of a firm is limited to the industry to which it belongs. Firms come under organization and falls in to the sub-classification Non-corporate enterprise. The non corporate Enterprise is divided in to 1) Partnership firm and 2) Joint Hindu family Firm Definition: According to section 4 of the Indian partnership Act 1932 “ Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any one of them acting for all “ Essential Characteristics of Partnership Firm 1.Agreement : Partnership is the result of an agreement between 2 or more persons. It may be oral or write. It must satisfy all the requirements of a valid contract. 2.Bussiness : The ultimate aim of the agreement is to do lawful business or profession. An illegal act...
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MOTIVATION

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A void negative sources, people, places, things & habbits. B elieve in youself C onsider things from every angle. D on't give up and don't give in. E njoy life today, yesterday is gone, tomorrow may never come. F amily and friends are hidden treasures; enjoy their riches. G ive more than you planned to. H ang on to your dreams. I gnore those who try to discourage you. J ust do it. K eep trying no matter how hard it seems, it will get easier. L ove yourself first and most. M ake it happen. N ever lie, cheat or steal, always strike a fair deal. O pen your eyes and see things as they really are. P ractice makes perfect. Q uitters never win and winners never quit. R ead, study and learn about everything important in your life. S top procrastinating. T ake control of your own destiny. U nderstand yourself in order to better understand others. Visualize it. W ant it more than anything. X cellerate your efforts. Y ou are unique of all God's creations, ...
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18 signs to understand a baby

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18 Signs That Can Help You Understand Your Baby Better  2  0 17 0 172.9k When a baby is really young, their parents tend to have a bunch of fears about their little one’s well-being and health. They try to guess exactly what their baby wants and what it is that might be causing them discomfort. But how do you understand babies without using words? Experts outline 3 main methods that can help babies communicate with adults. While every parent learns to understand and interpret their own baby’s individual signs, we at  Bright Side  became interested in some common rules used to distinguish their needs. The way they cry © Ben_Kerckx / Pixabay     © nd3000 / Depositphotos    Crying is the main way a baby expresses their needs during their first 4 months of life. But how can parents understand whethe...
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