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What is an Oracle?

Definition of Oracle An IT software for banking which providing the business solution to all over the world’s banking industry is known as an oracle. it is known as a financial service software which provides the services for the banking business sector globally. Brief Explanation of Oracle The existence of this software contains many of […]
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Definition of Management Buy-In (MBI)

What is Management Buy-In (MBI) ?

Management Buy-In (MBI) Management buy-in is corporate activity. In which when an outside organization or management buy a possession stake of the main organization. This outside organization replaces the existing management team. Since the procured firm supposedly is failing to meet expectations. Ineffectively managed or requiring the progression of an aging administration team. This is […]
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Definition of Management audit

What is Management audit ?

Definition of Management audit The management audit is an assessment method. In which administration can survey how viable the officials and directors of the organization plan, compose, direct and control. How they utilize of men, cash, materials, machinery, equipment, and offices to accomplish corporate objectives. It might be more particularly defined similarly to an examination of […]
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Definition of Law of supply

What is Law of supply ?

Definition of Law of supply Law of supply is essential microeconomics law. This law expresses that all other factors keeping constant. when the prices of any good and services increase the seller increase its supply of that good in the market and vice versa. This law defines that higher price of goods leads to higher quantity […]
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Definition of Law of demand

What is Law of demand ?

Definition of Law of demand Law of demand is essential microeconomics law. This law expresses that when the cost of products and service increase. the demand for that specific good and services declines and vice versa. while keeping other factors constant (ceteris paribus). This law defines that a higher price leads to a lower quantity demanded. […]
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