Glossary 1 GNP : Total money value of final goods and services produced in a country during a particular year (one year) including depreciation and net exports 2 NNP : Total money value of final goods and services produced in a country during a particular year (one year) excluding depreciation including net exports 3 NNP […]
Tag: Business
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 Cy
Cy Cyber monday : In recent times the busiest online Shopping day of the year in the USA typically the Monday after Thanksgiving day in the UK typically the first Monday in December. Cyberspace : Term credited to author William Gibson in 1984 which describes the imaginary place where e mails ,website pages, etc., Go […]
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 […]
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 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 By
By- law : The set of laws adopted and enforced by a local authority. Generally used to denote those rules which are passed for the government of a corporation or other entity. Byte: This is a unit of data storage that is roughly synonymous with one character of data storage. The big board: An informal […]
GLOSSARY BUSINESS ADMINISTRATION – Words and Its Meanings Starts with BO
Words starts with Letter BO Body language: Way in which People communicate meaning to others with their bodies in international interactions. Boilerplate: A section of standard text, especially a contract clause, inserted into legal documents,or instead increasingly referring to a standard section of code inserted into computer programs or other digital application. Bonafide : The […]
GLOSSARY BUSINESS ADMINISTRATION – Free Online Study Guide
Bi Biased assessment : Evaluating the performance of the human resources is an integral Part of human resource management. Bid bond: A sum agreed to be paid by a company that wins a contract if the work is not carried out. Bid: Offier to buy something at a certain price. Bidder : A person who […]
GLOSSARY BUSINESS ADMINISTRATION – Topic and Its Meanings
Topics Start With BA Bachelor of laws : A degree granted to a person who has successfully completed graduation from a law school. This degree is abbreviated as L.L.B, and nowadays some law schools grant a juris doctor degree instead of the former. Back up : The process of making a copy of a file […]
What are all the Objectives Of Business – BBA Study Material
Economic objective : (1). Profit. (2). Growth. (3). Innovation. (4). Service of society. (5). employees satisfaction and development. (6). Fair return to inveship. (7). Good carports citizenship. (8). Quality products and services. Profit : Profit making is the primary objective of business. Business should grow in all directions over a period of time. Growth : […]
GLOSSARY BUSINESS ADMINISTRATION – Words and its meanings used in Business
Words start with a letter A A1 : Top quality rating applicable to various business situations,e.g., credit worthiness and More general reference to qualify and fitness for purpose. Abandoned property : Property which has been abandoned by the owners. Abandonment : The voluntary relinquishment of a right by express worlds or by action. This term […]
Business Environment – BBA Subject -College study guide
Meaning : Business environment is the set of external factors such as the economic factors. Social-cultural factors demographic factors which are uncomfortable natural and affect on company decision of a firm on company the environment of the business is always changing and uncertain. Definition : According to Gerald Bell” an organisation external environment consist of […]