Ranjith Pappachan, PhD, worked as Lecturer in Department of Business Management and also officiated as Principal in United College of Arts and Science, Port Blair, South Andaman. In the year 2006, he shifted to Mahatma Gandhi Government College (MGGC), Mayabunder, North Andaman as Guest Faculty in Cooperative Management Department. In the year 2011, Ranjith was appointed as Programme Officer in the biggest project of India, that is, Mahatma Gandhi National Rural Employment Guarantee Act with Andaman and Nicobar Administration. He also occupied an honorable position in top NGOs in Andaman and Nicobar Islands. The idea for this book is derived from nearly ten years of his teaching experience in cooperative management, commerce and management courses to undergraduate students.