Macroenvironment is that part of external environment which is largely external to the enterprise and thus beyond the direct influence and control of the organization, but which exerts powerful influence over its functioning. The external environment of the enterprise consists of individuals, groups, agencies, organizations, events, conditions and forces with which the organization comes intoELEMENTS OF MACRO ENVIRONMENT
At the time of selling the goods, a seller usually makes certain statements or representations with a view to induce the intending buyer to purchase the goods. Such representations are generally about the nature and quality of goods, and about their fitness for buyer’s purpose. When these statements or representations do not form a partCONDITIONS & WARRANTIES
The term leverage represents influence or power. In financial analysis leverage represents the influence of one financial variable over some other related financial variable. These financial variables may be costs, output, sales revenue, Earnings Before Interest and Tax (EBIT), Earning per share (EPS) etc.
The Section 15 does not require that coercion must proceed from a party to the contract; nor is it necessary that subject of the coercion must be the other contracting party, it may be directed against any third person whatever. The essential ingredients of coercion are, Committing or threatening to commit any act forbidden byCOERCION
Budgetary control is defined as “the establishment of budgets relating the responsibilities of executives to the requirements of a policy and the continuous comparison of actual with budgeted results, either to secure by individual action the objective of that policy or to provide a basis for its revision.”
In 2020, the global AI software market is expected to grow approximately 154 percent year-on-year, reaching a forecast size of 22.6 billion U.S. dollars. Artificial Intelligence is a term used to describe a variety of technologies referring to the creation of intelligent software or hardware able to learn and solve problems. These include machine learning,AI Adoption in the Enterprise 2020