S.Saravanakumar

Marketing is one of the business function most dramatically affected by emerging information technologies. Companies can use the web to provide ongoing information, service and support, creating positive interaction with customers that can serve as the foundation for long term relationships and encourage repeat purchases. Even cyber shopping allows customers to sit in the comfort of their homes and purchase their goods.

this helps the students pursuing B.Com., M.Com., BBA., MBA., etc for understanding the format about comparative statement and commen size balance sheet. A detailed formulae presentation is included it is also highly useful to the students.

Generally a fund is interpreted as working capital. Thus, funds flow is change in working capital. Hence, the changes in working capital is called as flow, the flow may be inflow or outflow. The term working capital has two concepts, gross working capital and net working capital. Gross working capital is the total of all current assets, whereas net working capital is the excess of current assets over current liabilities.

Often this question is asked from many business people. They strongly stress the factors of production is our creation; we bought it for a cost. No one provided this and no one protected this, we provided and protected, then why should I pay tax?

Financial inclusion is the availability of banking services at an affordable cost to poor, uneducated and rural groups. In India the basic concept of financial inclusion is having a saving or current account with any bank. In reality it includes loans, deposits, fund transfer, insurance services and much more. Over the last few decades, access to basic financial services has become a necessary precondition for participating fully in the economic and social life of a modern society. In particular

Every man is in a quest to engage himself in some activity or the other to earn money. Even though many people have money and other resources required to do business, they are not prepared to promote any business or industrial activity since they are risk averse. Some people are unable to select a business though both in urban and rural areas more and more opportunities are available to promote various industries. Only a handful establishes new business or set up industrial units.

Income tax is levied on the total income of the tax payer; the method of computing tax on different sources of receipts is different. Often revenue receipts are considered as business income and it is arises because of business transactions. While calculating net income of a person only the expenses in revenue nature are allowed to deduct from the revenue receipts.

The adoption of liberalization, privatization and globalization (LPG) models in the economic system in many countries of the world; there has been burgeoning increase in international transactions during the last four decades and growing interdependencies of the countries. The foreign exchange market is the market in which currencies are bought and sold against each other.