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 …
(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 …
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 …
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 …
Financial markets in India play a crucial role in the country’s economic development by facilitating the efficient allocation of capital and resources. These markets serve as a platform where various financial instruments are traded, allowing investors and businesses to manage risks, raise capital, and invest in various assets. Here is an introduction to financial markets …
Scientific management, also known as Taylorism, is a management approach developed by Frederick Winslow Taylor in the early 20th century. It aimed to improve efficiency and productivity in industrial settings by applying scientific methods to work processes. Taylor’s ideas had a significant impact on the field of management and laid the foundation for modern management …
Critically discuss the equity theory of motivation. The equity theory of motivation, proposed by J. Stacy Adams, is a psychological theory that focuses on how individuals perceive fairness and equity in their work environment. It suggests that individuals are motivated when they perceive that their outcomes (rewards, benefits) are equitable in relation to their inputs …
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Comparatively discuss the theories of motivation of Maslow and Herzberg. Maslow’s Hierarchy of Needs and Herzberg’s Two-Factor Theory are two influential theories of motivation that provide insights into understanding employee motivation and satisfaction in the workplace. While there are similarities between the two theories, there are also key differences in their perspectives. Let’s discuss and …
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Discuss the role of organizational commitment to facilitate the expression of organizational citizenship behaviour (OCB) as an extra role behaviour. Organizational commitment plays a significant role in facilitating the expression of organizational citizenship behavior (OCB), which refers to discretionary behaviors that go beyond an employee’s formal job description and contribute positively to the organization. When …
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