Market report is regarded as the mirror of the economic condition of a country. An effectively prepared market report presents the entire market conditions relating to buying and selling of a particular product to the readers. In this way, it helps the readers in taking their own decisions. It is also important in many other […]
Types of Market Report | Classification of Market Report
Market reports may be of different types in terms of products, structure of the reports and nature of the users of the reports. For convenience, market reports are mainly classified into the following three categories: a. Market report based on product and service b. Market reports based on organization and c. Market report based on […]
Structure of a Market Report | Various Parts of a Market Report
An effectively written market report is regarded as the storehouse of various market information. So it is necessary to follow a definite structure in writing an effective market report. The structure of an effective market report is composed of various parts. The various parts or, structure of a market report are presented below: Structure of […]
Importance of Business Letter
Letter is as an indispensable tool of communication in business. Business letters are used to sell the products, make inquiry about customers or prices of goods, seek information and advice, maintain good public relation, increase goodwill and perform a variety of other business functions. With the continuous growth of commerce and industry, usefulness and importance […]
Steps in Writing an Effective Business Letter
Letters are the most widely used media of written communication in business. But writing an effective letter is not easy matter. It requires well planning, imagination, linguistic knowledge, careful and systematic analysis of situations and above all, writer’s writing skills. However, the following are the various steps through which an effective business letter can be […]
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