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Explain about the market-based and bank-based systems.
A clear distinction between market-based in USA and UK and bank-based systems as in Germany, Japan and France define by several peculiarities make the picture more complex it:
a. The USA, not like the UK and the other European countries, did not expand a nationwide banking system along with little banks.
b. In Germany and in France, financial markets for company shares didn’t develop till recent years. In its place banks have had a main role in giving funds to firms.
c. In Germany the ties among banks and firms are strong and intimate, but in France the banking relations growth in a less successful way.
d. Into Japan the government played a significant role in the growth of the banking system, while in Germany the Hausbank system developed without any government intervention.
It is the organized and established firms that constitute the venture capital industry.
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can u tell me the various approaches followed by FMCG Companies in test markets
This is the part of after-tax personal income that is not spent.
this case has been framed in order to test the skills
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