The Consumer Protection Act, 1986, served as a pivotal foundation for safeguarding consumer rights in India, offering a simple, fast, and cost-effective mechanism for addressing grievances related to defective products, unfair trade practices, and services. With the establishment of Consumer Dispute Redressal Forums at the district, state, and national levels, the Act aimed to protect …
Explain the concept of Merchant Banking. Merchant banking refers to a range of financial services provided by financial institutions to corporations and governments. It involves activities such as corporate finance, advisory services, investment management, and securities trading. The term “merchant banking” originated from the practice of merchants providing financial services to traders, but it has …
Investment Banking & Financial Services-2021 Question Paper – Calcutta University Read More »
What is an Organization? An organization is a structured and coordinated group of individuals working together to achieve common goals or objectives. It typically involves a formal structure, defined roles, and established processes to facilitate efficient functioning and goal attainment. Organizations can take various forms, including businesses, non-profits, government agencies, and other entities with a …
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CALCUTTA UNIVERSITY BBA STUDY MATERIAL Define the term Business Policy & Strategy. Business Policy and Strategy are two closely related concepts in the field of business management. Business Policy: Business policy refers to the guidelines, principles, and procedures that a company establishes to define its overall direction and decision-making processes. These policies are often developed …
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Horizon Technology is new IT Company with the motive of providing solutions to different Organisations by catering to their specific product requirements. This Company has received the Project Development Task which is not much Complex in nature and the requirements are also to some extent clear. As a new venture, this organization is not fully …
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 …
“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 …
Important questions and answers for BBA examination 2023. Difference between a Memorandum of Association and Articles of Association. The Memorandum of Association and Articles of Association are two important documents that are required for the formation and regulation of a company, particularly in the context of company law in many countries. These documents serve different …
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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