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Explanation:

Some of the most COMMON EXAMPLES of trade in SERVICE would be: Business and professional services, including: Financial & Accountancy services. Communication services. Construction & RELATED services. Distribution services. Educational services. ENERGY services. Environmental services. Health and Social services.

Answer:

The "Fourteen Principles Of Management" was WRITTEN by HENRY Fayol. It directly suggests about the business management skills.

The fourteen principles are :

1. Division of Work

2. Authority and Responsibility

3. Discipline

4. Unity of Command

5. Unity of Direction

6. Subordination of Individual Interest to General Interest

7.Remuneration of Employees

8. Centralisation and Decentralisation

9. Scalar Chain

10. Order

11. Equity

12. Stability of Personnel

13. Initiative

14. Espirit DE Corps!

Disadvantages are:

* It is not based on research works it only emphasizes in management skills.

* It was created long time ago, so it does not matches with the thinking and control policies of recent times.

Advantages are:

* MOTIVATES the employees with compensation

* Build up concept on team work.

Explanation:

visit to a whole sale market of vegetables and observe - source of MERCHANDISE, local market practice,any linked up BUSINESS,nature of goods dealt in,types of BUYERS and sellers,factors determining the price fluctuations,seasonal factors affecting the business,MODE of payment,wastage and disposal of dead stock

Verbal communication is the USE of auditory language to exchange information with other people. ... Non-verbal communication is communication between people through non-verbal or visual cues. This INCLUDES gestures, facial expressions, body movement, timing, touch, and anything else that COMMUNICATES without speaking.

EXPLANATION:

MANAGER applies the VARIOUS theories of management in his unique PERSONALIZED way". What aspect of NATURE of management does this statement indicate.

Explanation:

The board's primary role is to monitor MANAGEMENT on behalf of the shareholders. Board of directors is the important element of Corporate GOVERNANCE. ... The roles of the Board of Directors and shareholders are interactive and, therefore, the QUALITY of governance depends upon the LEVEL of interface set up by them.

ANSWER:

Nearly 100 FLIGHTS take off with approx 117 million PASSENGERS

Explanation:

Buy DOOR Closers Online at Tolexo.com. Shop at wholesale price for Door Closers From Top BRANDS LIKE DEFINE, Design Elite, Doorking .

ANSWER:

your PHOTO is not CLEARED

hi

The top 10 challenges faced by entrepreneurs today: Solved

Cash FLOW management. The challenge: Cash flow is essential to small business survival, YET many entrepreneurs struggle to pay the bills (let alone themselves) while they're WAITING for checks to arrive. ...

HIRING employees. ...

Time management. ...

Delegating tasks. ...

Choosing what to sell. ...

Marketing strategy. ...

Capital. ...

Strapped budget.

hope it help you

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Answer:

There is an example given below

Explanation:

A company developed single jersey cotton fabric for the kids wear garment. The company sourced 2000 kg of yarn and the price of the yarn is Tk. 240 / kg. The knitting industry works with 5 weft knitting machine with the production CAPACITY of 85 kg / machine. The average waste percentage expected during the operation is 3%. The company works with 5 operators and 2 helpers with the wage of Tk. 250 and Tk. 150 per shift, respectively. Calculate the cost of knitting process per kilogram with 20% profit if the company spends Tk. 5000 / MONTH for rent, Tk. 3000 / month for electricity and Tk.15,000 / month as other expenses. ASSUME company works 26 days per month.

Solution:

Step 1: Number of shifts required to complete the order.

Total production per day = Average machine production × Number of machines

= 85 × 5 = 425 kg / shift

The wastage percentage expected = 3%

Hence, 2000 kg – (3% of 2000 kg) = the original quantity produced

= 2000 – (2000 x 3/100)

= 1940 kg

Total yarn quantity

Total number of shifts required = ----------------------------------------------------------

Production capacity per shift

2000

= ---------------

425

= 4.7 shifts

Step 2: Calculate total labour cost

The labour cost = No. of labours × No. of shifts worked to complete order × Wages/shift

= Cost of operators + Cost of helpers

= (5 ×4.7× 250) + (2 ×4.7× 150) = Tk. 5875 + Tk.1410 = Tk. 7285

Step 3: Calculation of direct material cost

Yarn purchased = 2000 kg with the price of Tk. 240 / kg

= 2000 × 240 = Tk. 4,80,000

Step 4: Calculation of overheads

Company spends all these overheads per month (26 days). Since, the company works one shift per day, The 1 day or 1 shift expense as overhead is as follows,

5000 + 3000 + 15,000

Overheads = ----------------------------------------

26

= Tk. 884.61

Since, the company works 4.7 shifts for this order,

= 884.61 × 4.7 shifts = Tk. 4157.69

Step 5: The overall cost of the knitting process

Material cost + Labour cost + Overheads

The total knitted fabric cost / kg = --------------------------------------------------------------------------

Total production

4,80,000 + 7285 + 4157.69

Fabric cost / kg = ----------------------------------------

1940

= Tk. 253.32

Labour cost Overheads

Knitting cost / kg = ----------------------------------

Total production

7285 + 4157.69

= -------------------------------

1940

= Tk. 5.89

Knitting RATE / kg = 5.89 × 20% profit= 5.89 + (5.89× 20/100) = Tk. 7.07

Answer:

The term BUSINESS risks REFERS to the possibility of a commercial business making inadequate profits DUE to uncertainties.

for example: changes in tastes, changing preferences of CONSUMERS, strikes, increased competition, changes in government policy, obsolescence ETC.

Answer:

Microprogrammed Control Unit:

1) A control unit with its binary control values stored as WORDS in memory is CALLED as microprogrammed control.

Each word in the control memory CONTAINS microinstruction that specifies one or more microperations for the system.

Answer:

A secondary prevention method of ORGANIZATIONAL STRESS is alter or modify an INDIVIDUAL's or an ORGANIZATION RESPONSE to a demand.

Each number is to CONSIST of four different digits from 0 to 9, inclusive, except that the first DIGIT cannot be 0. How many different identification numbers are possible? ... The SECOND digit can also take 9 values (9 digits minus the one we used for the first digit plus 0);

EXPLANATION:

There are many stress management techniques to try, including physical, mental, SOCIAL, intellectual and environmental techniques. Some of these INCLUDE yoga, healthy eating, exercise, massage, meditation, deep breathing, hobbies, socialization, journaling, VOLUNTEER work and counseling GROUPS.

EXPLANATION:

The Financial Expert tells the story of the rise and fall of Margayya, the financial expert. The protagonist of the novel, Margayya begins his career as petty money-lender doing his BUSINESS under the Bunyan tree, in front of the CENTRAL Co-operative LAND Mortgage Bank in Malgudi.

Explanation:

There are MANY stress management techniques to try, including physical, mental, SOCIAL, intellectual and environmental techniques. Some of these include yoga, healthy EATING, exercise, massage, meditation, deep breathing, hobbies, socialization, journaling, volunteer work and counseling GROUPS.

Nested Transactions

The nested transaction programming model addresses the transaction composability problem by CAPTURING the program-subprogram structure of an application within the transaction structure itself. In nested transactions, each transaction can have subtransactions. For example, the PayLoanFromChecking transaction can have two subtransactions DebitChecking and PayLoan.

Like ordinary “flat” (i.e., non-nested) transactions, subtransactions are bracketed by the START, Commit, and Abort operations. In fact, the programs of Figure 2.1 and Figure 2.2 could be a nested transaction. What is different about nested transactions is not the bracketing operations—it’s their semantics. They behave as follows:

1.

If a program is already executing inside a transaction and issues a Start command, then Start creates a subtransaction of its parent transaction, rather than creating a new, independent transaction. For example, if DebitChecking is called from PayLoanFromChecking, the Start in DebitChecking STARTS a subtransaction.

2.

If a program is not already executing inside a transaction and issues a Start command, then Start creates a new, independent transaction, called a top-level transaction, which is not a subtransaction of another transaction. For example, Start in PayLoanFromChecking creates a top-level transaction.

3.

The Commit and Abort operations executed by a top-level transaction have their usual semantics. That is, Commit permanently installs the transaction’s updates and allows them to be read by other transactions. Abort undoes all the transaction’s updates. For example, Commit and Abort in PayLoanFromChecking have these effects.

4.

If a subtransaction S aborts, then all the operations of S are undone. This includes all the subtransactions of S. However, the abort does not cause the abort of S’s parent. The parent is simply notified that its child subtransaction aborted. For example, Abort in DebitChecking aborts the subtransaction, but not its parent transaction that was started by PayLoanFromChecking.

5.

While a subtransaction is executing, data items that it has updated are isolated and hence not visible to other transactions and subtransactions (just like the flat transaction model). For example, if PayLoanFromChecking executed its subtransactions DebitChecking and PayLoan CONCURRENTLY and those subtransactions read and wrote some shared data (which they don’t in this example), then DebitChecking would not see PayLoan’s updates until after PayLoan COMMITS, and PayLoan would not see DebitChecking’s updates until after DebitChecking commits.

Explanation:

Termination of agency occurs when the relationship between the principal and the agent COMES to an end. Like any other CONTRACT, the contract of agency MAY terminate by the act of the parties or by operation of law.

Explanation:

Marketing is the process of satisfying the needs and wants of the consumers. Management of marketing ACTIVITIES is Marketing Management. ... The Marketing MANAGERS are RESPONSIBLE for influencing the level, timing, and composition of customer demand accepted definition of the TERM.

Explanation:

Weekly payments: WORKERS compensation over 65. The workers compensation LAWS in NSW limit a worker's RIGHTS to access workers compensation once they REACH the retirement age. ... Firstly, if you're injured before you're old enough to retire, then the weekly payments will stop one year after you reach the retirement age.

ANSWER:

Market focus means knowing the overall dynamics and forces in the marketplace, and UNDERSTANDING how those forces might impact the business. A product-focused business looks at their offerings, and strives to continually improve them. ... Product focus identifies IMPROVEMENTS that will lead to COMPETITIVE ADVANTAGES

ANSWER:

BUSINESS ENLARGES INCOME

Answer:

NEW York SIGN Company is the answer.

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Answer:

Wheel Network

A wheel network is a STYLE of communication where the leader is the only one to receive or give communication. The leader, usually the supervisor or owner in the company, is like the BRIGHT light in the middle of a Ferris wheel; the light STARTS in the middle then gets passed on to all the spokes at the ends of the wheel. This one person has to know everything about the business and relays all messages. Employees have an exact IDEA of how decisions are made and how communication is handled.

For example, Gina is the owner and manager of a small boutique. She has only five employees. Information comes from her directly to these employees, and they communicate directly back to her. As the centralized decision maker, it's important that she make the best decisions for the company.

Though direct and efficient, the wheel network has its disadvantages and may not be appropriate for some situations or for companies with a greater number of people. If the leader is not responsible, dedicated, or COMMUNICATIVE, the whole business will suffer. Likewise, a company with many employees needs more decision makers or nothing would get done

Explanation:

ALONG with SEBI, MUTUAL FUNDS are regulated by RBI, Companies Act, Stock exchange, Indian Trust Act and MINISTRY of Finance.

EXPLANATION:

Use of the fixed-INTERVAL model REQUIRES having a perpetual INVENTORY system. true . false. ... Which product is usually bought on a fixed interval basis? textbooks

Answer:

A MEMORANDUM of Association (MoA) represents the charter of the company. It is a legal DOCUMENT prepared during the formation and REGISTRATION process of a company to define its RELATIONSHIP with shareholders and OUTSIDERS. ... Object Clause: This clause states the objective with which the company is formed.

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Explanation:

Prior to the INTRODUCTION of ____, five WORKERS each given an identical task could use five different ... Which of the following management theorists would most likely have USED their ...

EXPLANATION:

The EOQ is a COMPANY's optimal order quantity that minimizes its total costs RELATED to ordering, receiving and holding the inventory. The EOQ formula is best used in situations where demand, ordering, and holding costs remain constant over TIME.

Explanation:

STAKEHOLDERS are pushing companies to WADE into ... when a COMPANY truly understands and expresses its PURPOSE,

Answer:

EASY BUSINESS no matter how big or small operates within the MARKETING environment. Its PRESENT and future existence, PROFITS, image and positioning depend on its internal and external environment. The business environment is one of the most dynamic aspects of the business.

ANSWER:

Binding agreement between states; USED synonymously with Treaty and Covenant. Conventions are stronger than Declarationsbecause they are legally binding for governments that have signed them. DECLARATION: Document stating agreed upon STANDARDS but which is not legally binding.

Explanation:

SHARING common resources. b. .... When two DEPARTMENTS are in CONFLICT but are ALSO facing a common threat, the _____ style of conflict ...

Answer:

WORKERS' participation in management is an essential ingredient of Industrial democracy.

Definition: Participation refers to the mental and EMOTIONAL involvement of a person in a group situation which ENCOURAGES him to contribute to group GOALS and share the responsibility of achievement.

EXPLANATION:

When asked about his EXPERIENCE of buying the company which ruled INDIA, he told the the SME times, “I had this huge feeling of redemption – this indescribable feeling of owning a company that once owned US.” Sanjiv started the first East India Company store in London's Mayfair neighborhood.

Explanation:

Thus, the steps NEEDED to DERIVE the AMOUNT of inventory purchases are:

Obtain the TOTAL valuation of beginning inventory, ending inventory, and the cost of GOODS sold.

Subtract beginning inventory from ending inventory.

Add the cost of goods sold to the difference between the ending and beginning inventories.

ACCORDING to the INDIAN Central Banking Enquiry Committee, an indigenous banker is DEFINED as “any individual or private firm receiving deposits and DEALING in hundis or lending MONEY.”

ANSWER:

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Answer:

Justice is the CONCEPT of moral rightness BASED on ethics, rationality, law, natural law, fairness, religion and/or equity. Justice is the result of the fair and properadministration of law. ... It also can refer to a person duly commissioned to hold court SESSIONS, to try and DECIDE controversies and administerjustice.

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ANSWER:

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Explanation:

Rural DEVELOPMENT Programmes. ... Rural Development is the PROCESS of IMPROVING the quality of life and economic well-being of people living in rural areas, OFTEN relatively ISOLATED and sparsely populated areas.

ANSWER:

Pick the statement about LOCATION decisions that is not true.

A) They are OFTEN LONG term.

B) Mistakes can be difficult to overcome.

C) Both fixed costs and variable costs are usually affected.

D) It is IMPORTANT to identify the optimal location.

ANSWER:

HEY MATE here is your answer

dynamism

Answer:

Definition: FRED Fiedler was the first amongst all the leadership theorists to talk about the situational variables. According to him, the effectiveness of the leadership style DEPENDS on the SITUATION. The task-oriented LEADER is primarily concerned with the task performance and the accomplishment of task goals.

Explanation:

simplification emphasis on elimination of unnecessary diversity of product, size and types. As more varieties mean more INVENTORY, more type of MACHINERY, more labour COST etc. by SIMPLIFYING the task there can economy in use of machine, labour, inventory maintenance, etc it will also help in improving the quality and reduction of cost..

Explanation:

in business

The FORM of business organisation determines its external existence and the other parties recognise it through this existence

forms of business organisation..

1 sole trade

2 partnership

3 JOINT HINDU family

4 cooperative society

5 company organisation

ANSWER:

Planning is goal-oriented. Planning is made to achieve desired OBJECTIVE of business. The goals established should general acceptance otherwise INDIVIDUAL efforts & ENERGIES will GO misguided and misdirected. Planning identifies the action that would lead to desired goals quickly & economically.

Planning is goal-oriented. Planning is made to achieve desired objective of business. The goals established should general acceptance otherwise individual efforts & energies will go misguided and misdirected. Planning identifies the action that would lead to desired goals quickly & economically.

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Explanation:

ANSWER:

Role of Consumer Behaviour in Marketing. Consumer Behaviour refers to the study of buying tendencies of CONSUMERS. An individual who goes for SHOPPING does not necessarily end up buying products. ... Various factors, be it CULTURAL, SOCIAL, personal or psychological influence the buying decision of individuals.