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Question 1
Price or market competitiveness of a product or business depends on its cost competitiveness. Cost competitiveness implies two things-cost efficiency and cost effectiveness. Explain the concept of cost efficiency of an organization. Analyze the major determinants of cost efficiency.
Question 2
Stability strategy is most commonly used by organization. Organization will continue in the same or similar business as it currently pursues with the same or similar objectives and resources base. Discuss six situations when it is good/best to pursue stability strategy. Give some Indian examples.
Question 3
Corporate culture governs, to a large extent, corporate ethics and values in an organization. Describe the state of business ethics in Indian companies. Analyze in terms of KPMG business ethics survey.
Advantage of North West Corner Method: a. This methods is very effective as it provide step by step solution. b. It is very simple to obtain optimum solution through this
What are the advantages of budgets? The advantages of budget are as given below: a. Policy plans and actions considered are all reflected within the budgetary control system
Question 1: (i) Outline and comment on the main features of the Unitarist and Pluralist Approaches to industrial relations. (ii) Which of these two approaches is more preva
The human element is the most important input in any industrial enterprise and it is the one which is most difficult to control. Quality Management is essentially a control
how to write a company analysis in light of the Triple triangle Framework?
Ian Davis took over the position of MD at McKinsey & Company in 2003. He has numerous opinions from in-house colleagues about future directions of the firm. But as the textbook (Tr
An efficient inventory control necessitates maintenance of proper inventory records because various inventory records contain information to meet the needs of purcha
Diversity is an increasingly important factor in organisational life as organisations worldwide are more diverse in terms of the gender, race, ethnicity, age, national origin and o
QUESTION 1 (a) Elaborate on the recent developments in communication theory as a field of research and study. (b) Elaborate on three main communication theories that mark th
Study different business organizations in your business environments The learner has been given a position of business analyst who will study environments and prepare report o
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