IGNOU B.Com ECO-03 Solved Assignments 2010 ECO-03 : MANAGEMENT THEORY TUTOR MARKED ASSIGNMENT Course Code : ECO-03 Course Title : Management Theory Assignment Code : ECO-03/TMA/2010-11 Coverage : All Blocks 1. a) Long Range Planning concerned with making today’s‚ decisions with a better sense of futurity.’’ Comment. Solution : Yes Long Range Planning is concerned with making today’s‚ decisions with a better sense of futurity as Decisions exist only in the present." The question …is not what we
Premium Management
Competitive analysis: Grocery retail has a current growth rate of around 14 to 15% and it is expected to have a constant CAGR of 8% over the future years. Grocery retail can be broadly divided into three types of retail forms- the local kirana shops‚ hypermarkets and supermarkets. The kirana stores continue to have the maximum market share and while the hypermarkets and supermarkets display the potential to grow by a great amount over the years. The current scenario of competition in this category
Premium Supermarket Hypermarket Wal-Mart
urbanisation‚ environment degradation‚ and underdevelopment of some areas. These are gigantic problems which are receiving the attention of the Indian Government and civil society‚ with some help from the international community. Since the foreign exchange crisis of 1991‚ a more liberal approach towards globalisation of the economy has been adopted by the government. India is a member of the World Trade Organization (WTO) and is opening its economy to the international market in phases. In keeping with the
Premium Tourism
1. INTRODUCTION Johnson‚ Scholes and Whittington (2005‚ p. 9) define strategy as the direction and scope of an organisation over the long term‚ which achieves advantage in a changing environment through its configuration of resources and competencies with the aim of fulfilling stakeholder expectations. Strategy is therefore the long term direction of an organisation. Strategic Management can be defined as the art and science of formulating‚ implementing‚ and evaluating cross-functional
Premium Strategic management Management SWOT analysis
Eco-Friendly products Eco-friendly products are products that do not harm the environment‚ whether in their production‚ use or disposal. Eco-friendly refers to anything that is good for the environment‚ also called as environmentally friendly or Green. So an eco-friendly product refers to those products that do not affect or cause any harm to the environment. Some of these going green products when in use‚ help conserve energy‚ minimize carbon footprint or the emission of greenhouse gases‚ and
Premium Recycling Environmentalism
Eco-Tourism in Egypt Research problem: • Egypt’s current ecotourism policy and practices do not reflect comprehension and intention on implementation of the concept of ecotourism; it still aims to attract the largest numbers. • There is also a large gap between these polices and the practice on the ground‚ Hypothesis: • Due to economic problems‚ the government’s main concern is the fast short termed economic gain. • The Egyptian government aims to be recognized internationally‚ therefore;
Premium Tourism
OCR AS Economics Module 1 Revision Notes – Competitive Markets and How They Work What is a ‘Competitive Market’? • In the previous chapter‚ the market economy was one of the three main types of economic system • The market economy tries to resolve the economic problem via demand and supply‚ through the price mechanism • But how do markets work? And how does it allocate scarce resources in relation to our infinite wants • There are many examples of markets‚ but each
Premium Supply and demand
Written Assignment 2 Answer all of the following questions. Title your assignment "Written Assignment 2‚" unless your mentor directs otherwise. This assignment covers text chapters 7 through 12. 1. Name two types of market failure. Explain why each may cause market outcomes to be inefficient. 2. What happens to consumer and producer surplus when the sale of a good is taxed? How does the change in consumer and producer surplus compare to the tax revenue? 3. How do the elasticities of supply and
Premium Supply and demand Gross domestic product Economics
QD = fðP‚ PS‚ PC‚ Y‚ A‚ AC‚ N‚ CP‚ PE‚ TA‚ T=S …Þ [2.1] where QD = quantity demanded of (e.g.‚ Toyota Prius or Chevy Volt) P = price of the good or service (the auto) PS = price of substitute goods or services (e.g.‚ the popular gasoline-powered Honda Accord or Chevy Malibu) PC = price of complementary goods or services (replacement batteries) Y = income of consumers A = advertising and promotion expenditures by Toyota‚ Honda‚ and General Motors (GM) AC = competitors’ advertising and promotion
Premium Hybrid electric vehicle General Motors Toyota Prius
Case Study Ecotourism Sarawak Malaysia Tourism is the fastest growing industries in the world‚ employing over 120 million people. LEDC’s use tourism as an aid to develop their country. While tourism can bring huge advantages such as employment‚ improvements to the infrastructure of the country it has to be able to balance this with the disadvantages tourism brings. Too much tourism can result in the harm to natural environment and mass tourism can result in the loss of local cultures and traditions
Premium Malaysia Sarawak Borneo