Celebrate India!
Unity in Diversity!!
HOME PAGE
Click Here for Back Issues of Business Administration in India - From 2019
BOOKS FOR YOU TO READ AND DOWNLOAD FREE!
REFERENCE MATERIALS
BACK ISSUES
- E-mail your articles and book-length reports in Microsoft Word to
thirubudmin@gmail.com.
- PLEASE READ THE GUIDELINES GIVEN IN HOME PAGE
IMMEDIATELY AFTER THE LIST OF CONTENTS.
- Your articles and book-length reports should be written following the APA Stylesheet.
- The Editorial Board has the right to accept, reject, or suggest modifications to the articles submitted for publication, and to make suitable stylistic adjustments. High quality, academic integrity, ethics and morals are
expected from the authors and discussants.
Copyright © 2020
M. S. Thirumalai
Publisher: M. S. Thirumalai, Ph.D.
11249 Oregon Circle
Bloomington, MN 55438
USA
|
EMI and Business Administration
M. S. Thirumalai, Ph.D.
EMI (Equated Monthly Installments) has become a widespread form of business all over India. Stores try to sell their goods during Festival seasons offering EMI. Electrical goods such as refrigerators, water heaters, and air conditioners, etc. are often sold more quickly by offering this EMI facility even without the intervention of the Festival season. Cloth merchants offer this facility and sell expensive sarees, etc. People are eagerly waiting for the opportunity to buy things they need and desire when EMI is offered. Wedding season offers a major opportunity to buy goods using EMI. Flats in multistorey buildings are often sold using EMI.
The process of deciding on the price of a residential flat is clearer as a business activity. The interest paid every month is more easily calculated and known to the customers. On the other hand, the EMI we may pay for the commodities bought from stores is not explicit about what elements go into the EMI offered to the customer.
This is only the beginning part of the article. PLEASE CLICK HERE TO READ THE ENTIRE ARTICLE IN PRINTER-FRIENDLY VERSION.
M. S. Thirumalai, Ph.D.
msthirumalai2@gmail.com
Custom Search
|
- Send your articles
as an attachment
to your e-mail to
thirubudmin@gmail.com.
- Please ensure that your name, academic degrees, institutional affiliation
and institutional address, and your e-mail address are all given in
the first page of your article. Also include a declaration that your
article or work submitted for publication in BUSINESS ADMINISTRATION IN INDIA is an
original work by you and that you have duly acknowledged the work or
works of others you used in writing your articles, etc.
Remember that by maintaining academic integrity we not only do the right
thing but also help the growth, development and recognition of Indian/South Asian scholarship.
|