What is a contract?
As per legal definition, Contract is an agreement enforceable by law. On further refinement, a Contract means a promise or set of promises made by a person which is accepted by the other person along with agreement on paying a consideration for the fulfillment of. the said promise.
What is demand?
Demand is the desire to buy a product along with a willingness and ability to purchase that product at a given point in time. The amount of product a person wishes to purchase is called the quantity demanded of that product.
What is the Management?
Management has two general definitions. A traditional way of defining management is the art of getting things done from others. A modern and apter definition of management is the process to get things done effectively on time with the optimum use of available resources.