What Is The Responsibility of A Firm Towards Suppliers?

What Is The Responsibility of A Firm Towards Suppliers?

Responsibility towards your suppliers emanates from the fact that their survival and growth (partly or wholly) is dependent upon your survival-and growth. Suppliers provide you the raw materials, components and parts necessary for the production of your products. You are dependent upon your suppliers for regular, timely supplies of...

Continue reading

What Is The Responsibility of A Firm Towards Distributors And Retailers?

What Is The Responsibility of A Firm Towards Distributors And Retailers?

  Distributors and retailers are the link between the firm and the actual customers who consume the product. In your capacity as a manager you are responsible for ensuring regular supplies to your distributors. Persistent delays in processing and supplying distributor’s order can lead to a situation where the...

Continue reading

Define Person [Sec. 2(31)]

PERSON Definition : “Person” includes – 1) An individual 2) A Hindu Undivided Family 3) A company 4) A firm (including a Limited Liability Partnership) 5) An association of persons or a body of individuals, whether incorporated or not. (E.g. Co-op Soc etc) 6) A local authority (Eg. Municipal...

Continue reading

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2019 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account