0 votes

Hello friends, MGT211 GDB no.1 solution is required. Please help. Due date is 03 Jun 2020.

by (3.3k points)  
reopened by | 70 views

1 Answer

0 votes
Best answer

GDB Solution is here:


1. Why it is important to meet the pre-requities of a business?


  • As whenever a business is started some condition must be satisfied before its commencement .
  • Focus on Availabillity of capital to increase your business progress.
  • In case of partnership, the conditions that what will be the ratio of dividend among partner in order to avoid conflict.
  • What will be the liabilities of business in case when business is wound up? Because it doesn’t create any conflict

2. How credit sale could be helpful for a business to boost his business?


  • A business make all it sale for cash but many business make some or even all their sales on credit.
  • To offer credit sale by business is not lose the customer.
  • A major benefit of offerring credit is to increase revenue compared to what revenue would be if all sale were for cash.
  • The customer to whom we offer credit are keep in touch with the business and revenue will increase
by (1.4k points)  
selected by

Related questions

+1 vote
1 answer
asked Jun 8, 2020 by toheed (1.4k points) | 65 views
+1 vote
1 answer
asked Sep 2, 2020 by toheed (1.4k points) | 104 views
+1 vote
1 answer
asked Aug 13, 2020 by toheed (1.4k points) | 206 views
+2 votes
1 answer
asked Jul 21, 2020 by athar (3.3k points) | 155 views
+1 vote
1 answer
+3 votes
0 answers
+1 vote
1 answer
asked Jun 5, 2020 by toheed (1.4k points) | 189 views

Welcome to Meansflow - Where Developers and Students Learn, Share, & Build Careers, where you can ask questions and receive answers from other members of the community.
121 questions
92 answers
121 users