Michael Porter gave the famous Five Forces Model to analyse the competitive environment of any product or company. It is one of the most used marketing tools. As per the model five forces act on the product/brand/company at all times. They are as follows: Bargaining power of Suppliers: Suppliers can have considerable power over the […]
Amortization refers to repayment of debt via periodic instalments in stipulated time. Almost all buyers and investors in real estate buy properties on loans which are supposed to be repaid within the given time in form of regular instalments. Latter also includes part of the principal amount and the interest.