One simple statement would not exactly explain what physics is. For one, physics keeps changing as we progress and make new discoveries. New theories in addition to bringing new answers they also create new questions that might not have even …
Management Principle is a statement which reflects the fundamental truth about some phenomenon based on cause and effect relationship and they are serving as a guide to actions for managerial decisions to the execution. Management principles are derived on the …
The following are the topics involved in Nature and Significance of Management chapter: Management Definition: Management is defined as the process of planning, organizing and controlling of organization operations to achieve the objects of an organization in effective and efficient …
Economics is “a social science concerned mainly with the description and analysis of the production, distribution, and consumption of goods and services”. It mainly focuses on the behaviour and interactions of economic agents and how economies work. There are three …
Every Year Approximately 90 Lakh students are writing class 12 board exams in India. Most of the Students are confused about their career after class 12 CBSE and parents are also struggling with the same issue. We providing a list …
Cash flow statement is statement of cash inflows and outflows of operating, investing and financing activities of business. It helps the management to prepare budget for business. Cash inflow is defined as a receipt of non-cash item and cash payment …
Introduction: This Chapter consists of Utility, Law of Diminishing Marginal Utility, Budget line, budget constraint, monotonic preferences, indifference curve, and consumer equilibrium in cardinal and ordinal approaches. Utility: Utility means human satisfaction. In other words the amount of satisfaction of …
Market: It is defined as A place where buying and selling occurs. According to Market Economist, A market is a process by which the prices of goods and services are established. The first market system: It is exchanging by which …