BBA & BCOM

Quantitative Techniques for Management Solved question paper of Calcutta University

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2021BUSINESS ADMINISTRATION — HONOURSPaper : A501 (C-11)(Quantitative Techniques for Management)Full Marks : 80 Solution: To formulate this problem as a Linear Programming (LP) problem, we need to define the objective function and the constraints. Objective Function: The objective is to minimize the cost of production. We’ll define this cost as the total cost (in rupees) …

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Definitions of Financial Markets for Beginners

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Financial markets are crucial components of the global economy, facilitating the exchange of financial assets and resources. Here are some important definitions of financial markets: These definitions encompass the key aspects of financial markets, including the types of assets traded, the market’s functions, and the distinction between primary and secondary markets. Each type of financial …

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Integration of Indian Financial Markets with Global Financial Markets

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The integration of Indian financial markets with global financial markets has been an ongoing process driven by various factors, including globalization, liberalization, technological advancements, and increased cross-border investments. This integration has significant implications for India’s economy and its financial landscape. Here are some key aspects of the integration of Indian financial markets with global financial …

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The Transportation Problem and the Assignment Problem

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The transportation problem The transportation problem is a classic optimization problem in the field of operations research and management science. It involves finding the most cost-effective way to transport goods from multiple suppliers to multiple consumers, taking into account supply and demand constraints, as well as transportation costs. Here are the key components and elements …

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Business Ethics – Chapter 1

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Meaning of Business Ethics Business ethics refers to the moral principles and values that guide the behavior and decision-making processes within the business world. It is a branch of applied ethics that deals with the ethical dilemmas and concerns that arise in the context of business activities. Here’s a more detailed explanation of the meaning …

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Complete Underwriting

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(a) When an entire issue is fully underwritten by a single underwriter:In case, an issue is subscribed fully by the public, the underwriter is relieved from the clutches of any liability. Otherwise, if an issue is not subscribed entirely, the underwriter has to shoulder the liability for the members of shares or debentures that are …

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LINEAR PROGRAMMING SOLUTION – GRAPHICAL METHOD

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INTRODUCTIONThere are two methods available to find an optimal solution to a Linear Programming Problem. One is a graphical method and the other is a simplex method. The graphical method can be used only for a two-variable problem i.e. a problem that involves two decision variables. The two axes of the graph (X & Y …

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Principles of Management & Organizational Behaviour

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Basic forms of Business Ownership There are several basic forms of business ownership, each with its own advantages, disadvantages, and legal implications. Here are the most common types: Sole Proprietorship: Sole proprietorship is a business owned and operated by a single individual. The owner has complete control over the business and receives all profits. The …

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Concept | Need and Purpose of Audit

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Concept of Audit: An audit is a systematic examination and evaluation of an organization’s financial statements, accounting records, internal controls, and business processes. It is typically conducted by an independent and qualified auditor or auditing firm to ensure the accuracy, completeness, and fairness of the financial information presented by the organization. Need for Audit: Financial …

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LINEAR PROGRAMMING

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Linear Programming is a problem-solving approach that has been developed to help managers to make decisions. Linear Programming is a mathematical technique for determining the optimum allocation of resources and obtaining a particular objective when there are alternative uses of the resources, money, manpower, material, machines, and other facilities. THE NATURE OF LINEAR PROGRAMMING PROBLEM …

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