Define the term “Elasticity of demand.” Discuss different types of elasticity of demand. Also, explain why this concept should be of interest to anyone in business who has a choice to determine the price at which to sell their products. The Elasticity of Demand: Understanding Price Sensitivity in Business Introduction: Elasticity of demand is a …
E-Commerce has gained boom more after the digital payment initiative was emphasized for usage in recent years. Most of the retailers are using these platforms to sell their products. Discuss how the retailers are getting benefitted by choosing these e- commerce platforms. Which type of sellers are being benefitted most by choosing the e- commerce …
“The root of the economic problem is the scarcity of resources while our wants are infinite”. Elaborate the given statement explaining the three types of economic problems faced by an economy in achieving in production and distribution. The Scarcity of Resources and Infinite Wants: Unraveling Economic Problems The statement “The root of the economic problem …
“Demand forecasting plays a vital role and enables organizations to arrange for the required input as per the predicted demand, without any wastage of material and time” Substantiate your view on demand forecasting and discuss the various factors influencing demand forecasting. The Significance of Demand Forecasting in Organizational Planning Introduction: Demand forecasting is a pivotal …
Q.1) Ghanshyam Das and Sons Jewellers has now its several branches across different cities in India. The Jewellers started from very small shop in Delhi and expanded their business in several years across India. Initially when they started, they have appointed different personnels to keep a track of jewelries sold, orders given and inventory required. …
Definition: A foreign currency convertible bond (FCCB) is a type of convertible bond issued in a currency different than the issuer’s domestic currency. In other words, the money being raised by the issuing company is in the form of foreign currency. FCCBs are typically issued by multinational companies operating in a global space and looking …
Based on the provided case study about AuroVision Consulting (AVC) moving its Human Resources to the Cloud, here are few questions and answers: Note: The above study material is for reference purposes only
Define Investment Investment is the act of allocating resources, typically money, with the expectation of generating future income, profits, or value. It involves the purchase or acquisition of assets, financial instruments, or other forms of capital with the goal of increasing wealth or achieving specific financial objectives. Investments can take various forms, including stocks, bonds, …
What is disinvestment? Explain the process of disinvestment in India. Disinvestment, also known as divestment, refers to the process of a government or a private entity selling off its assets or reducing its ownership stake in a particular enterprise, business, or public sector undertaking. The primary aim of disinvestment is to decrease the government’s or …
Case Study : Street Smart Street Smart was Information Technology firm founded in Mysore. The founders were two businessmen who had made a killing in the Bangalore Real Estate Business. The firm appeared to be doing well. It had campuses in most of the IT towns in India – Mysore, Bengaluru, Chennai, Hyderabad, Pune etc The …
