Introduction The traditional finance theory has been based on the assumption that an investor is a rational being who takes decisions based on full information to maximize his utility. This...... Read More
Author: Sanskriti
Perfect competition What is perfect competition? How does it work? And why does it matter? Perfect competition is that theoretical structure of the market in economics where a high number...... Read More
Introduction Even in the business world and accountancy, though it may not have entered everyday discussion, a highly significant term does exist. Such terms are known as \"onerous contract,\" which...... Read More
Introduction Program-based budgeting is the approach to budgeting, where the focus of budgeting shifts from line-item expenditures to specific programs and their outcomes. Such a budgeting approach enables organizations-especially government...... Read More
Mergers and acquisitions basically happen when one business either puts together with or buys another one. In this arena, there are two main types of buyers: strategic and financial. Strategic...... Read More