July 2016 - My Commerce Info

Thursday, July 21, 2016

Different Types Of Law

Common Law It is related with previous practices or incidents.   It is start from Britain. Code Law It is based on some codes wh... thumbnail 1 summary


Common Law
It is related with previous practices or incidents.  It is start from Britain.
Code Law
It is based on some codes which is described in Books. At the time of any dispute this codes is referred.
Islamic Law
It is applicable in midlist country. It is based on “Sariah” which is described in “Quran”.

Full Forms

EPCG – Expot Promotion Capital Goods BEPB – Duty Entitlement Pass Book Scheme STP – Software Technological Path EHTP – Electron... thumbnail 1 summary


EPCG – Expot Promotion Capital Goods
BEPB – Duty Entitlement Pass Book Scheme
STP – Software Technological Path
EHTP – Electronic Hardware Technological Path
EOU – Export Oriented Unit
DD – Duty Drawback
EXIM – Export Import

Wednesday, July 20, 2016

Business Environment

Business Environment The environment in which we have to proceed our business. Political environment, legal environment, social envi... thumbnail 1 summary


Business Environment
The environment in which we have to proceed our business. Political environment, legal environment, social environment, technological environment, culture environment are all these kinds of environment and group of factors affect our business positively as well as negatively.


Ease of doing Business

Ease of doing Business It a main factor of less time, less effort and better result. Here people check that how they are comfortably ... thumbnail 1 summary


Ease of doing Business
It a main factor of less time, less effort and better result. Here people check that how they are comfortably and peacefully doing business. India has 139th rank due to corruption. Now a day every information is online. We can do any complaint directly with the senior officer or department

Fiscal policy

Fiscal policy It is related to expenditure or revenue of Government. Tax is main source of revenue. It is more concern with tax and ... thumbnail 1 summary


Fiscal policy
It is related to expenditure or revenue of Government. Tax is main source of revenue. It is more concern with tax and duties. Government charge more tax on luxurious commodity.



Tuesday, July 19, 2016

Compulsory to file loss

Compulsory to file loss 1.      Loss under Business or Profession including speculation and non- speculation. 2.      Loss from ca... thumbnail 1 summary


Compulsory to file loss
1.     Loss under Business or Profession including speculation and non- speculation.
2.     Loss from capital gain head.
3.     Loss from maintaining and owing the horse races.

Condition for Agriculture land

Condition for Agriculture land 1.      Land should be situated in India. 2.      Land must be used for agriculture purpose, cultiv... thumbnail 1 summary


Condition for Agriculture land
1.     Land should be situated in India.
2.     Land must be used for agriculture purpose, cultivate, tilling and watering it.
3.     Any income from a farm house.

Loss can not be necessary to file a return

Loss can not be necessary to file a return 1.      In case of loss from house property or self occupied house. 2.      Loss due to... thumbnail 1 summary


Loss can not be necessary to file a return
1.     In case of loss from house property or self occupied house.
2.     Loss due to unabsorbed depreciation.
3.     Loss due to capital expenditure of scientific research other than land.
4.     Expenditure on the family planning.


Unabsorbed depreciation

Any amount of profit is taxable in Income tax when it is considered the depreciation amount. For this there is no fix time to carry fo... thumbnail 1 summary


Any amount of profit is taxable in Income tax when it is considered the depreciation amount. For this there is no fix time to carry forward for this type of loss.

Regiocentric approach

Region stands for region. Ex. Asia region, Midlist region, Africa region. Market is divided according to region basis. They may have a cer... thumbnail 1 summary

Region stands for region. Ex. Asia region, Midlist region, Africa region. Market is divided according to region basis. They may have a certain characteristics like political and economical

Sunday, July 17, 2016

Contract manufacturing

It is preferred by those persons who want to take advantage of cheaper factor of production with better quality. Ex. Agra is very popu... thumbnail 1 summary


It is preferred by those persons who want to take advantage of cheaper factor of production with better quality. Ex. Agra is very popular of shoe industry. When you are not interest in manufacturing you may contract with other party and manufacture their product by him.

Full Forms

TBI – Tea Board of India CBI – Coffee Board of India SBI – Spices Board of India RBI – Rubber Board of India thumbnail 1 summary


TBI – Tea Board of India
CBI – Coffee Board of India
SBI – Spices Board of India
RBI – Rubber Board of India

Polycentric approach

Every country has a different strategy. Poly means “As many as they are”. It includes intra regional and inter regional. Mainly it fol... thumbnail 1 summary


Every country has a different strategy. Poly means “As many as they are”. It includes intra regional and inter regional. Mainly it follows “Think global act local strategy”. It is an ideal approach.  Here one country considering as an one market. It is individual country approach. It is easy to see but very difficult in practice. It has different designing barrier,  most expensive, culture barrier, language barrier, political barrier and overlapping of effort.

Saturday, July 16, 2016

Mobiles & Communications Taglines

Nokia  : Connecting People BSNL  : Connecting India Airtel   : Express Yourself Videocon   : The Indian Multinational Onida   : Neighbo... thumbnail 1 summary
Nokia  : Connecting People
BSNL  : Connecting India
Airtel   : Express Yourself
Videocon   : The Indian Multinational
Onida   : Neighbor's Envy , Owner's Pride
Voltas   : India ka Dil. India ka AC
Idea   : An Idea can Change your life
Hutch   : Where ever you go , our network follows


.

Chocolates , Cold Drinks & food Tagliness

Pepsi  : Yehi hain Right Choice Baby / Nothing official about it / Yeh Dil Maange More / ye pyas he badi Melody   : Yeh Melody itni chocol... thumbnail 1 summary
Pepsi  : Yehi hain Right Choice Baby / Nothing official about it / Yeh Dil Maange More / ye pyas he badi
Melody   : Yeh Melody itni chocolaty kyun hain, Melody khaao, khudh jaan jao
Chloromint  : Doobara mat punchna
Sprite   : Bujaaye pyaas, baaki all bakwas 
Mentos   : Dimaag ki batti jalaa de
Lays  : No one can eat just one
Mac Donald's : i m lovin it
Maggi   : Taste Bhi, Health Bhi ( Ketchup : Its Different)
Perk  : Thodi si pet puja
Thums Up  : Taste The Thunder
Rasna   : I love you Rasna                   
Frooti   : Fresh N Juicy / Why Grow Up
Priya gold biscuits  : hak se maango
PARLE-G  : G for Genius
TajMahal Chai  : WahTaj!
Kurkure  :Tedha Hai Par Mera Hai
Slice  : Aam Sutra. 
Britannia  : Eat healthy, think better
Bru coffee : Bru instant with aroma lock
Bingo   : No Confusion, Great Combination
Complan  : I am a Complan boy / A complete planned food.
MDH  : Asli Masale Sach sach MDH MDH



Unfavorable condition which may discourage business investor

Unfavorable condition which may discourage business investor 1.      FDI is the big problem in which investor have a loose their inv... thumbnail 1 summary


Unfavorable condition which may discourage business investor
1.     FDI is the big problem in which investor have a loose their investment amount. Ex; FDI in Retail sector
2.     Political decision may also effect. Every country has different policies decision by which investor may hesitate to invest in other countries
3.     EXIM policy is also discouraged to investor because it has different tariffs, commission, tax rates etc.
China interest rate is very much high which also creates a problem for other countries. Investor is not invest in other countries

Wednesday, July 13, 2016

Home Accessories Tagline

Lux  : Beauty soap of film stars Gillete  : The best a man can get Tata Sky  : Isko laga dala to life zingalala Surf Excel  : Surf Excel ha... thumbnail 1 summary
Lux  : Beauty soap of film stars
Gillete  : The best a man can get
Tata Sky  : Isko laga dala to life zingalala
Surf Excel  : Surf Excel hain na
Babool   : Subhe babool ki to din tumhara / Babool Babool, paise wasool
Rotomac   : Likhtey likhtey love ho jaaye
Adidas   : Impossible is nothing
Nike   : Just do it
Raymond's  : The Complete Man
Peter England  : The Honest Shirt
Lifebuoy   : Thandurusti hain vaham
Ceat   : Born Tough
Surf   : Daag Acche hain
Asian Paints  : Har Ghar Kuch Kuch Kahta hein
Air Deccan  : Simplifly

Cars & Bikes Tagline

Tata Safari  : Reclaim Your Life Bajaj Pulsar : Definitely Male Hero Honda : Desh ki dhadkan /  Fill it,Shut it and forget it. Hero Hond... thumbnail 1 summary
Tata Safari  : Reclaim Your Life
Bajaj Pulsar : Definitely Male
Hero Honda : Desh ki dhadkan /  Fill it,Shut it and forget it.
Hero Honda Karizma  : Jet, Set, Go!
Fiat Linea  : Admiration guaranteed
Tata Indica : More car per car
Bajaj   : Hamara Bajaj
Max New York Life  : Karo Zyada ka Iraada
AditiyaBrila Groups :Taking India to the World

Chocolates , Cold Drinks & food Tagline

Coca Cola   : Thanda Matlab Coca Cola Cadbury  : Kuch Meetha Ho Jaaye Boost   : Boost is the secret of our energy Dairy Milk   : Swad Zinda... thumbnail 1 summary
Coca Cola   : Thanda Matlab Coca Cola
Cadbury  : Kuch Meetha Ho Jaaye
Boost   : Boost is the secret of our energy
Dairy Milk   : Swad Zindagi Ka
Amul   : Utterly Butterly Delicious / The Taste of India
Alpenlibe  : Jee Lalchaye Raha NA jaye
Polo   : The mint with a hole
Kit Kat   : Have a break, have a kit kat

Bank Taglines

ICICI Bank  :Khayal Aap Ka / No chinta only money Bank of Baroda  : India's International Bank HDFC Std Life : Jiyo sar uthake LIC  ... thumbnail 1 summary
ICICI Bank  :Khayal Aap Ka / No chinta only money
Bank of Baroda  : India's International Bank
HDFC Std Life : Jiyo sar uthake
LIC  : Zindagi ke sath bhe Zindagi ke baad bhi
Bajaj Allianz  : Jiyo befikar
Union Bank of India  : Good People to Bank with





Monday, July 11, 2016

Challenges of setting a Wholly Owned Company

Challenges of setting a Wholly Owned Company ·                    There are high risk arise because a individual person can not be m... thumbnail 1 summary


Challenges of setting a Wholly Owned Company
·                   There are high risk arise because a individual person can not be manage it properly.
·                    It also increases the high operating cost in front of company.
·             All are investment made by wholly company individually which is very difficult to manage.
·              At the time of establishing a wholly owned company in foreign country, they face various challenges like planning, organizing and designing structure of the company.
·                They also have a challenge that how to allocate resources, how to use money and how to manage all the personnel because they are concern with different – different culture.

Prepare a export plan

Prepare a export plan 1.      If we are doing business in abroad and want to expand their business at global level then we have to i... thumbnail 1 summary


Prepare a export plan
1.     If we are doing business in abroad and want to expand their business at global level then we have to increase their product gradually.
2.     First we decide that what type of ingredients we have in our product because if more ingredients are changed it may be costlier for us.
3.     After that we have to decide the country where we want to export. We should analyze countries’ taste, customer preference, culture, and religion.
4.     We also follow all terms and conditions of that country and also check that our Tagline or logo is not hurt to any religion, community and society.
Packaging should be done in a proper manner because if it is not good then people may reject the product

Friday, July 8, 2016

Works planning and management

It serves as various functions of HRIS base. First we check that how much personnel ids needed for a particular post and whatever outp... thumbnail 1 summary


It serves as various functions of HRIS base. First we check that how much personnel ids needed for a particular post and whatever output we get is called as work planning.
Make organizational charting
It is executed at the entrance room or reception, conference room. Every prospectus of a company must have charting. It is also use for forecasting or any post or vacancy. Salary is decided for the post. It is also including increment related information.
Job analysis and Job evaluation
Job analysis and Job evaluation is also done in HRIS. Whether it is under or over utilization of resources capacity. Right person for right job may focus. There should be equal for the job.
Work force modeling
We have difference work force models for different economies and countries. Job requirement is totally differ from developed company than you are developed.

Accounting Information System

Accounting Information System AIS use as an input subsystem in every system. Accounting has accounting as well as non- accounting inf... thumbnail 1 summary


Accounting Information System
AIS use as an input subsystem in every system. Accounting has accounting as well as non- accounting information. For HR department, we need various information that where the employees appoint, when to appoint and how to appoint. Salary of an employee comes under accounting information. We can get any information at any time.

Monday, July 4, 2016

Work force modeling

We have different workplace models for different economies, industries on the basis of development of state or country. Job requiremen... thumbnail 1 summary


We have different workplace models for different economies, industries on the basis of development of state or country. Job requirement is totally different of developed country.



Gordon model of Dividend theory

Gordon talks about the extreme about the extreme situation. According to Gordon, there are two types of investor exist in the market. ... thumbnail 1 summary


Gordon talks about the extreme about the extreme situation. According to Gordon, there are two types of investor exist in the market. One who wants some current income and other is who want capital income. While according to another model of Dividend that’s Walter model, ignore this. Every investor wants some interest in their hand from the investment amount. Gordon says that company has to pay some interest to their investor. This helps in attracting new investor in the company and existing investor satisfy more from the company.



Gordon Dividend Model chart
Company situation
Retained earning
Dividend pay out ratio
Growth
High
Low
Normal
Any Ratio
Any Ratio
Depression
Low
High

In normal condition, company has any ratio of Retained earning and Dividend pay out ratio because it does not effect performance of the company. Retained earning should be low in depression because future is uncertain.

P = E ( 1- b)
K- br

b = Retention Ratio
K = Cost of capital
br = Growth rate of the firm
if retention ratio high discount rate is also high because investor discount the future value earnings while estimate the market price.
Assumption :
1.     Firm has infinite period.
2.     Firm does not use external borrowing. It depends only on equity capital.


Sunday, July 3, 2016

OTCEI - Meaning

Over the Counter Exchange of India established in 1992.   This is the first stock exchange which is fully automated screen based tradi... thumbnail 1 summary


Over the Counter Exchange of India established in 1992.  This is the first stock exchange which is fully automated screen based trading system. The conditions of this stock exchange were very rigid that’s why it was flop.


Capital Index Bond - Meaning

Rate of interest on these bonds may vary according to capital market indices. thumbnail 1 summary


Rate of interest on these bonds may vary according to capital market indices.


Inflation Bond - Meaning

Inflation Bond provides hedge against inflation risk to the investor because Rate of interest of theses bonds may vary. thumbnail 1 summary

Inflation Bond provides hedge against inflation risk to the investor because Rate of interest of theses bonds may vary.

Assumptions to justify the classical thoughts

Assumptions to justify the classical thoughts 1.      The work of Government is to overlook social welfare not the market, laissez f... thumbnail 1 summary


Assumptions to justify the classical thoughts
1.     The work of Government is to overlook social welfare not the market, laissez free economy exists in the market.
2.     Market is completely free from inflation. It is because prices are flexible and therefore quick to adjust the demand. Possibility of inflation is there.
3.     The economy is a closed economy. There is no foreign sector participation in the economy.
4.     There is always savings investment equity. Savings can not exceed investment and vice versa. But still if there is any mismatch in savings and investments then interest rates are there to match them. Interest is the reward of savings. High interest leads to high investment
5.     There is always income expenditure equity.
6.     Capital and technical know how is always given in the economy.
7.     Full employment is a normal condition of the economy.
8.     The nature of the market is perfectly competitive and perfect competition in labour market.

Mile stones of NSE

Mile stones of NSE 1.      NSE started working in November 1994 with CMS (capital market segment). 2.      It first introduced WDM... thumbnail 1 summary


Mile stones of NSE
1.     NSE started working in November 1994 with CMS (capital market segment).
2.     It first introduced WDMS (wholesale debt market segment) in June 1994.
3.     The retail debt trading in Government Securities was started in January 1995.
4.     The NSE started F&O (Future and Option) option in June 2000. It deals with derivatives like future and option.- Stock Future and Option, Index Future and Option.


NSE of India

NSE of India 1.      This stock exchange given recognition in April, 1993 as a stock exchange under Securities Contracts Regulation Ac... thumbnail 1 summary

NSE of India
1.     This stock exchange given recognition in April, 1993 as a stock exchange under Securities Contracts Regulation Act 1956.  It covers more than 70% market share in capital market segment and around 95% market share in Derivative segment. So it has shown its prominence in Indian Capital Market.
2.     NSE is the first stock exchange in India which provide nation wide equal access to all the investors with electronic trading facility
3.     It provides fair efficient and transparent electronic trading facility to all the investors.
4.     It provides shortest settlement cycle and book entry settlement.
5.     NSE meets International benchmark set by highly recognized stock markets around the world
Establishment of NSE provided trading facility to the investors based on NEAT system. NEAT stands for National Exchange for Automated Trading. The NSE shifted trading platform from trading halls to computer terminals. It operates through 3056 VSATs spread over 251 cities.


Friday, July 1, 2016

Debt Securitization

Debt Securitization is the process adopted by financial institution to arrange funds for lending to a particular sector or particular ... thumbnail 1 summary


Debt Securitization is the process adopted by financial institution to arrange funds for lending to a particular sector or particular purpose. In this process financial institution make a pool of funds granted to a particular sector which is transferred to a particular account called as Special Purpose Vehicle. Against this SPV institution issues securities to general public. These securities are backed by Assets.



Full Forms

APEDA - Agriculture and Processed Food Export Development MPEDA - Marine Product Export Development Authority ICT - Information Co... thumbnail 1 summary


APEDA - Agriculture and Processed Food Export Development
MPEDA - Marine Product Export Development Authority
ICT - Information Communication Technology
ICA – Indian Council of Arbitration
ITPO – Indian Trade Promotion Organization
IIP – Indian Institute of Packaging
UNDO – United Nation Development Organization
ITC – International Trade Center
SEZ – Special Economic Zone
EPC – Export Promotion Council
DGFT – Director General of Foreign Trade
DGCI – Director General of Commercial Intelligence
HACCP – Hazard Analysis and Critical Control Point
ECGC – Export Credit Guarantee Corporation
FIEO – Federation of Indian Exporter Organization
MSTC – Metals Scrap Trading Corporation
STC – Spices Trading Corporation
CLE – Council for Leather Export
MDA – Market Development Assessment
MAI – Market Assess Initiatives





Marine Product Export Development Authority

It is also known as MPEDA. Those who have majority of vegetarian wagons. Sea food is good for health. In some countries, it is treated... thumbnail 1 summary


It is also known as MPEDA. Those who have majority of vegetarian wagons. Sea food is good for health. In some countries, it is treated as organic food. MPEDA works on the development of these kinds of product.
It talks about Marine life of animal, possible variety of grain and water pollution.