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Organizational Behaviour – Short Question & Answers

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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Communication Control

Explain the concept of Communication of Control in Management. In the context of management, “Communications of Control” typically refers to the communication processes and systems involved in controlling and managing an organization’s activities, resources, and operations. It involves the flow of information related to decision-making, coordination, and monitoring to ensure that organizational goals and objectives …

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BBA & MBA Project Complete Guidance

  What is an MBA Project? An MBA (Master of Business Administration) project refers to a comprehensive and in-depth research and analysis undertaken by a student pursuing an MBA program. It is typically a culmination of the student’s academic studies and practical application of business and management concepts. MBA projects are designed to assess the …

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Economics – Question & Answer

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 …

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Information Technology – Question & Answer

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 …

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Economics – Question & Answer

“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 …

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Business Law – Important Question & Answer

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 …

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Business Ethics – Chapter 1

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

(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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Corporate value addition and Economic Value Addition

“Corporate value addition” and “Economic Value Added (EVA)” are concepts that focus on measuring the value created by a company’s operations and financial decisions. Let us delve into each of these concepts: Corporate Value Addition: Corporate value addition refers to the enhancement of a company’s overall value through various strategies, actions, and decisions. It encompasses …

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