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Micro-credit has assumed a special significance in the context of increased emphasis on rural development. In time to come, the micro-finance sector is expected to growth further in term of reaching out to more families and would include more services for the poor. Microcredit is the extension of very small loans (microloans) to those in poverty designed to spur entrepreneurship. In that country, it has successfully enabled extremely impoverished people to engage ...
An efficient and adequate marketing system is a precondition for agricultural diversification, providing better prices to producers and the availability of competitively priced produce to consumers. Physical improvement is usually addressed in two ways: by providing improved market infrastructure (both urban and rural) and by improving rural access roads. A market economy is an economy in which the prices of goods and services are determined in a free price ...
Cost accounting has long been used to help managers understand the costs of running a business. Modern cost accounting originated during the industrial revolution, when the complexities of running a large scale business led to the development of systems for recording and tracking costs to help business owners and managers make decisions. In management accounting, cost accounting establishes budgets and actual cost of operations, processes, departments or product ...