MBA terms which students must be aware of:


MBA is a the course which is of high demand in the present time. There are over 3000 colleges in India, which provide courses in MBA. There are many which provide high-quality education and good facilities for the students to study. But the process of doing an MBA is not easy. It is a course which should remain as a lesson for you for a lifetime. Here are some important terms which an MBA graduate must be aware of when they are doing their course. They are:
1.    Due Diligence
It is an important term related to Investigation. It is a process where a business person investigates about the background before finalizing on a contract or signing a contract. Standard care must be taken during this process as it will have an effect on the outcome of your transaction.
2.    General partnership
The type of partnership in an organization, where each partner has the administrative duty share of profit and loss. It is meant for partners who are doing joint business and have liabilities which are unlimited.  Their personal assets are liable to the obligations of partners.
More Info :  B Schools  in Kochi | Business Schools in Kochi

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