PEACE LOVER

            Business       Development  Purchasing and Procurement both fall in the category of business. Many people interrelate these two term but both of them have different meanings and srategies. Procurement is the systematic approach for buying good and services which are beneficial for the progress of the company. On contrary to that, purchasing is a series of activities which are involved in acquiring good and services. Both procurement and purchasing go hand in hand but their strategies vary. Procurement is certain to achieve business goals. Procurement concerns negotiation, research and source activities and  purchasing deals with acquiring products order, arranging payments and enhancing the purchase rate. Every institute consists of procurement department for their business affair. The main purpose of this management is to identify the products which would yield handsom profit to the company. Procurement management...

       Market Efficiency When someone invests money on any products, the sole of the individual is to generate profit from it. Many investors don't only stick on one particular aim but they remain in the constant struggle of competing their opponents at market places. Market efficiency is defined as a degree to which the prices of all the products are reflected according to the market value. All the information related to price of the product is considered and are incorporated while setting the prices of the products. According to market efficiency, it is mandatory for every investor to consider the pricing criteria of the product, as all the information is incorporated in the product so no one can exceed the limit of profit. And when prices are set according to market efficiency then they isn't any question for competing other market places. Forms of Market Efficiency: - Eugena Fama introduced the specific framework of market efficiency which has given rise to three...