These are special organization set up by the government. Through the act of parliament, managed and controlled by the government to perform essential services to the citizens of the county. OR Public enterprises/corporation are businesses owned and run by the government in the public interest. OR Public corporation, also known as public enterprises or statutory […]
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A co-operative society is a voluntary association of persons, businessmen, traders or organization with common needs and interests. The resources of members of are pooled together to promote the economic and welfare interest of the members. PRINCIPLES OF CO-OPERATIVE SOCIETIES Co-operative societies are based on the following principles. Open and Voluntary membership Democratic management and
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Documents used in buying and selling of goods. When business transactions occur, certain documents are drawn up and passed from one person to another. These documents are used to effect transactions between buyers and sellers. The documents are explained below; TRADE JOURNAL: This is a publication devoted to a particular branch of retail and
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