Price elasticity of supply is said to be elastic when the value is 1. Also read: Price Elasticity of Supply Income Elasticity of Demand... View Article
The formula for calculating price elasticity of supply is as follows Price elasticity of supply, eS = Percentage change in quantity supplied /... View Article
Yes, Walmart is an example of a chain store. It operates around 10.500 plus stores around the world. It is headquartered in Bentonville,... View Article
The difference between a department store and chain store is that department stores offer various products for sale at retail prices under one... View Article
The functions of the retailer are as follows: They perform the function of storing and warehousing of the goods. Selling products to the... View Article
The difference between a wholesaler and retailer is that a wholesaler purchases goods for reselling to the retailers, while retailers purchase... View Article
The advantages of chain store are as follows: Lower operating costs Ability to experiment on a single product without taking risk on total... View Article
Some common examples of small scale industries are: Bakeries Cups and plates manufacturing industries Salons Food processing industries... View Article
The investment on plant and machinery criteria for MSME is as follows: Micro enterprises should have an investment not exceeding 1 crore... View Article
The turnover criteria for MSME is as follows: Micro enterprises should have a turnover not exceeding 5 crore rupees. Small enterprises should... View Article
Some examples of small business are cottage industries, small scale industries owned by women, village industries etc. Also read: Role and... View Article
The limit of investment on plant and machinery for medium enterprises is 50 crores. Also read: Role and Importance of Small Scale Industries... View Article
The limit of investment on plant and machinery for small enterprises is 10 crores. Also read: Role and Importance of Small Scale Industries... View Article
The limit of investment on plant and machinery for micro enterprises is 1 crore. Also read: Role and Importance of Small Scale Industries... View Article
The annual turnover limit of medium enterprises is within 250 crore rupees. Also read: Role and Importance of Small Scale Industries Small... View Article
The annual turnover limit of small enterprises is within 50 crore rupees. Also read: Role and Importance of Small Scale Industries Small... View Article
