Marketing Information System – Components, Features & Drawbacks

marketing information system

Technology has become a driving force in all the business verticals for better customer service and enhanced business efficiency. Different departments use it for getting better insights from data and making the right decision at the right time. There is no denying that data has become the most crucial source of growth for businesses.

Marketing Information System (MIS) provides a platform for data integration and processing at one place in a more arranged manner. In this article, let us understand some critical features, components, and necessity of MIS in organizations.

Read more

How to Register a Company? 9 Essential Documents & Steps

How to Register a Company

Registering your company means simply giving its value, a reputation, and a brand profile. Just as a father’s name has name for his son or daughter, company registration provides businesess a legal identity in the marketplace.

Registration of a company in India is trouble-free and doesn’t take much of a hustle. But, one must have all the required documents, both manual and electronic, ready at the time of registration. This article aims to provide some significant steps and documents that one might need while registering their company, and we will discuss how to register a company in India.

This article shall deal with the registration process of three widely known company structures, i.e., Limited Liability Partnership, Private Limited Company, and One Person Company. We will talk about the simple steps through which one gets their respective type of company registered.

Read more

What is Trade? Definition, Nature & Types of Trade

what is trade

Trade is a vital social activity because society requires a constant supply of things to meet ever-increasing, ever-changing, but never-ending human demands. Consumers and countries might be exposed to items and services that are not available in their own country through global trade.

Barter was an early form of trading. The exchange of products and services for other goods and services was known as bartering. Bartering is a method of exchanging goods without the use of money.

Read more

What is Business? Concept – Importance, Types & Nature

what is business

Humans are constantly involved in some activity or another to satisfy their insatiable desires. We come across the words ‘business’ and ‘businessman’ daily, either directly or indirectly. In today’s environment, the business has become a necessary component. The source of revenue generation is business. It’s a way to make money in foreign currency.

If we look into the etymology of the term ‘Business’ it is a cumulative form of two words, i.e. ‘busy’ and ‘ness’, but a business has to offer so much more than just being busy. This article deals with the different aspects, types, nature and significance of business.

Read more