08 February 2021. * All Rafale Jets To Be Inducted Into IAF By April 2022 * India Received The 1st Batch Of 5 Rafale Aircraft On July 29 , 2020 * Which Were Inducted Into The 17 ‘Golden Arrows’ Squadron On Sept 10 * 2nd Batch Of 3 Rafale Combat Aircraft Arrived In India On […]
Tag: Bba study material
Bon Voyage – The Story Of Kalpana Chawla
BON VOYAGE ‘The heights by great men reached and kept Were not attained by sudden flight, But they, while their companions slept, Were toiling upward in the night.’ – H W Longfellow “That’s one small step for a man, one giant leap for mankind”, said Neil Armstrong, stepping on to the moon’s surface on 21st […]
Employment related Glossary – Vocabularies and its meanings
Glossary * Full employment : Persons who are willing to work and able to work must have employment or a job *Unemployment : when there are people, who are willing to work and able to work but cannot find suitable jobs. *Disguised unemployment : It is found in which when more people are doing work […]
What is National income – understanding GDP, GNP National Income
What is national income : National Income provides a comprehensive measure of the economic activities of a nation. It denotes the country’s purchasing power. The growth of an economy is measured by the rate at which its real national income grows over time. National income thus serves as an instrument of economic planning.Further, national income […]
GLOSSARY BUSINESS ADMINISTRATION
Dy Dying declaration: A dying declaration is the evidence provided by a person who is no his death bed and are given the same weight age as regular evidence. The reason behind this is that a person who is dying and know it generally will not tell a lie. Dynamic asset allocation: Dynamic asset allocation […]
Types Of Variables in C programming – Basics of computer programming – Free Study Material
A variable’s type (or data type) is the characterization of the data that it represents.A computer only “speaks” in 0s and 1s (binary). A variable is merely a memory location in which a series of 0s and 1s is stored. That binary string could represent a number (either an integer or a floating point number), […]
GLOSSARY BUSINESS ADMINISTRATION
Do Docking station: A device to which notebook computer or a laptop can be connected so it can serve as a desktop computer. Doctrine: A legal doctrine is a rule or principal of law framework set of rules when established by a precedent through which judgements can be determined in given legal cast Document: Document […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with Di – Vocabularies
Di Diagnosis: Process of identifying a disease from its signs and symptoms. Didactic: Describes works of literature or art which are intended be to informative or instructional especially morally rather than entertainment. From the ancient Greek word didaskein which means to teach. Differential cost: The difference in the expected total cost of a project if […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with Da
Da Damage limitation : The process of trying to limit or curtail the amount of damage or loss caused by a particular situation or event. Damages: Damages are pecuniary compensation given by the process of law to a person for the another has done him. Dangerous offender: A person who has committed a serious personal […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with Cu
Cu Cube farm: An open office which is divided into cubicles. Cum- means’with’ : A cum price includes the right to any recently declared divided or right share or bonus share. Culpability : Blame or liability for harm or damage to others from Latin colpa meaning fault. Currency bloc : A group of countries that […]
Interfaces with other Functions in The OrganiZation
Importance of marketing is mainly attributed to the following category: A. Importance to the Firms: 1. Business planning and decision-making- Marketing is helpful not only to plan the production but also in business planning and taking various decisions regarding business. In today’s economy, production is planned according to the sales forecasts and not according to […]
GLOSSARY BUSINESS ADMINISTRATION – Words Starts with Cr and Its Meanings
Cr Craft union: It is an organisation of workers employed in a particular craft trade or occupation. Therefore such unions lend to be well lenity and cohesive. Crayola: Items of little importance or poor quality rubbish. Crash cost : The cost associated with the normal time is called normal cost and the cost associated with […]
Five Major Concepts Involved In the Marketing Of Business Enterprises
Business enterprises conduct their marketing activity around these five concepts: 1) The Production Concept 2) The Product Concept 3) The Selling Concept 4) The Marketing Concept 5) The Societal Marketing Concept. 1) The Production Concept: The production concept emerges out of the production orientation of the firm.It is based on the idea that the more […]
What are all the Functions of Marketing and Process
A. Exchange Functions: Buying- Buying is the one part of exchange process, other being the selling. Buying is the first step in the process of marketing. A manufacturer has to buy raw materials for production, a wholesaler has to buy goods to sell to the retailer, and a retailer has to buy goods to be […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with CO
Co Commission : Payment to an agent for selling something. Commitment : The extent to which the employer are committed to their work and organisation has a significant bearing on an organisation performance. Committee: Found in every large organisation. Committee organisation : A committed is a group of person entrusted with certain task. Communication: Communication […]
GLOSSARY BUSINESS ADMINISTRATION – Words and Its meanings start with Letter Cl
Cl Class A spot : In the media commercial which are run on a prime time network. Class action : A lawsuit in which one person makes a claim and sues on behalf of a large group of people who have similar legal claims usually against a company or organisation. Class room training : Under […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with ch
Words and Its Meanings Chain of command : A system in a business or in the military in which authority is wielded and delegated from top management down through every level of employees.in a chain of command instructions flow downwards and accountability flows upwards. Challenging jobs : Knowledge workers want to have in which require […]
GLOSSARY BUSINESS ADMINISTRATION – Words starts with Ca
Ca CAD : Computers Aided Design. Cadit quaesitio: The matter admits of no further arguments. CAI: Computers Aided instruction. Calculated risk: A risk which has been undertaken after careful consideration has been given to the likely outcome. Call account : A bank account which usually pays a higher rate of interest from which investors can […]
Objectives of Marketing Management:
1. Creation of Demand: The marketing management’s first objective is to create demand through various means. A conscious attempt is made to find out the preferences and tastes of the consumers. Goods and services are produced to satisfy the needs of the customers. Demand is also created by informing the customers the utility of various goods […]
Marketing management systems:
Marketing planning. This encompasses the process of setting marketing strategies, defining goals and tactics related to those strategies, specifying revenue and expense budgets, and linking these to specific marketing projects. In large organizations, the planning process may be very clearly, even rigidly defined. It typically involves assembling information about markets, competitors, products, objectives, strategies and tactics […]