What is ERP, and its Advantages, disadvantages and its components

What is ERP? 

Enterprise Useful resource Planning, also referred to as ERP, is a technique designed to combine a number of different information sources and/or processes into one single unified system. This method would require the use of both hardware and software program for planning and improvement.

Why people preferred to purchase an equity share

Equity share holders are the real owner of the company. They have voting right. They take part in the meeting of the company. They also participate in taking decision for the efficient management of the company. But in equity share dividend rate is not fixed. They can’t redeem during the life time of the company.

Definition of central bank

Central bank is that bank in which the only power of issued currency notes. It can issued the notes on the authority and behalf of the government. It is the controller and guardian of the money market. It is the last lender of the money resort. As customer deal with the commercial bank, only commercial bank deal with the central bank . customer are not directly deal with the RBI (central bank). It can raised and reduced the money in the market at any time.

Merge Of Bank In Between the 1961

Merger means when two or more company combined with each other and either make a single entity or one company lose its entity and other company continued his business. An acquisition is the purchase of one business or company by another company in purchased consideration. Mergers are well recognized.  for example: merge of bank in between the U.K and charity bank and investing and becomes a single entity in the market.

Definition of money market

A money market is an agreement that brings about a direct and indirect contact between the lenders and borrowers. Borrowers like merchant, trader, manufacturer, business concern. Lenders like commercial bank, central bank, insurance company, financial concern. finance plays a very important role for the economic development  of the country. finanace is defines as the provision of money at time when it is required.    

Features of developed of money market

A money market is an agreement that brings about a direct and indirect contact between the lenders and borrowers. Borrowers like merchant, trader, manufacturer, business concern. Lenders like commercial bank, central bank, insurance company, financial concern. finance is defined as the provision of money at time when it is required. financial institution plays a very importat role in the economic system.

History & Evolution of E-commerce

E-Commerce was birth out of the World-Wide-Web (WWW). E-commerce means buy and sell of goods through internet. With the help of internet, we can purchase and sale in sitting at home. It saves a lot of time and money. It increases the efficiency and profitability of the business. With the help of internet, not only buy and sell the goods but also marketing, E-banking, advertising etc. We can send business information  to his customers at any time.

Recent Merger In Bank

merger means when two or more company combined with each other and either make a single entity or one company lose its entity and other company continued his business. Typically we can say that, the larger of the two companies is the company whose identity is maintained. Differs from a consolidation in that no new entity is created from a merger. e.g.: SBI and State Bank of Indore