Indian Contract Act‚ 1872. The law relating to contracts in India is contained in the Indian Contract Act‚ 1872. It extends to the whole of India except the State of Jammu and Kashmir from the first day of September‚ 1872. The Act deals with the general principles of the law of contract and some special contracts. The first six chapters of the Act deal with general principles of contracts. Essentials of a Valid Contract (All Contracts are Agreements but all Agreements are not Contracts)
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INTRODUCTION: What is marketing? The definition that many marketers learn as they start out in the industry is: “Putting the right product in the right place‚ at the right price‚ at the right time.” It’s simple! You just need to create a product that a particular group of people want‚ put it on sale some place that those same people visit regularly‚ and price it at a level which matches the value they feel they get out of it; and do all that at a time they want to buy. A lot of hard work needs
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Q1.Explain the process of problem identification with an example. Answer : Problem Identification – A Process : One of the most important first tasks of research is to identify and define clearly the problem you wish to study. If you are uncertain about the research problem or if you are not clear in your own mind about what you want to study‚ others who read your proposal will also be uncertain. A well-defined research problem statement leads naturally to the statement of research objectives
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Q. Discuss the functions of Human Resource Management in an organization. Enumerate the challenges of HRM in the present organizational context. Ans. The functions of HRM can be broadly classified into two categories viz 1) Managerial Functions 2) Operative Functions : FUNCTIONS OF HRM Managerial Functions | Operative Functions | Planning | Employment | Organising | Human Resources Development | Directing | Compensation | Controlling | Human Relations | | Industrial
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1. What are business ethics? Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual”s actions also apply to business. Acting in an ethical way involves distinguishing between “right” and “wrong” and then making the “right” choice. It is relatively easy to identify unethical business practices. For example‚ companies should not use child labour. They should not unlawfully use copyrighted materials and processes. They should
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Running Head: MBA 503 Managerial Accounting 1 MBA 503: Managerial Accounting Assignment 5.1: Problem‚ Chapter 8 & 9 Jones International University 2 Chapter 8: 1‚ 9‚ 15‚ 18 Q1: What is the difference between a static budget and flexible budget? When is each used? Q9: Minnie Divers‚ the manager of the marketing department for one of the industry’s leading retail businesses‚ has been
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MBA 607 – Financial Accounting The Nature and Purpose of Accounting Accounting Purpose and Process 1 MBA 607 – Financial Accounting The Nature and Purpose of Accounting 1. The Need for Accounting Information 2. The Accounting Profession 3. Financial Statements Accounting Purpose and Process 2 MBA 607 – Financial Accounting 1. The need for Accounting Information A. Framework Stakeholders (creditors‚ shareholders‚ regulators) in an entity require quantitative information on the financial
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Statement of Purpose - MBA I‚ Suraj Sharma believe MBA is not just a degree but a platform to learn many a tips and tricks and also to generate ideas with structured thoughts to go about it. And studying for an MBA requires a certain determination and strength of character. Why I would say so? Because in recent years‚ the business world has become rapidly integrated across borders and anyone with his sights set firmly on the global platform should have an international perspective and be aware of
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Why an MBA Is Imperative to My Success I am pursuing a Master of Business Administration (MBA) degree to attain the necessary tools to manage and lead an efficient staff in a healthcare environment. Currently‚ my role as a Clinic Staff Coordinator at The University of Texas Southwestern Medical Center (UTSWMC) involves training and developing new front office staff within the numerous outpatient clinics on campus. While my passion for helping others grow is satisfied in this position‚ my ultimate
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Master of Business Administration - MBA Semester I MB0042 – Managerial Economics - 4 Credits (Book ID: B0908) Assignment Set- 1 ( 60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 Price elasticity of demand depends on various factors. Explain each factor with the help of an example. Q.2 A company is selling a particular brand of tea and wishes to introduce a new flavor. How will the company forecast demand for it ? Q.3The supply of a product
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