Communication: Concept & Theories


Communication plays key role in smooth functioning of organisation. Success of ‘Direction‘ depends on the effectiveness of communication. Proper communications in organisations at all levels and between all levels can improve both the quantity and quality of output. Definition: The word communi’cation has been derived from the Latin word ‘communis’ which means ‘common’ which consequently implies …

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Working Capital Management

Every Company makes investment in fixed and current assets. Fixed assets like e.g., plant and machinery, land and building, vehicles, etc, remains in the business for more than one year. On the other hand, Current assets like inventories, debtors, bills receivables, etc. get converted into cash or cash equivalents within one year. Some part of these, current assets …

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Capital Structure: Concept, Factors

Capital Structure - Concept, Factors

One of the important decisions under financial management relates to the financing pattern or the proportion of the use of different sources in raising funds.  Most companies plan to raise funds for their capital needs using a judicious mix between owners funds (equity) and borrowed funds (debt). This mix of equity and debt actually used by a …

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