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Defining a problem involves the tasks of laying down boundaries within which a researcher shall study the problem with a pre determined objective in view.
Defining a research problem properly and clearly is crucial part of a research study and must in no case be accomplished hurriedly.
However in practice this is frequently overlooked which causes a lot of problems later on. Hence the research problem should be defined in a systematic manner giving due weight age to all relating points. The techniques for the purpose involves the undertaking of the followings steps generally one after the other.
Spot Rate : The current exchange rate is usually the spot rate. It is the rate at which most foreign exchange transactions are carried out. If the contract to buy or sell foreign
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Legal Framework : Section 50 of the Indian Customs Act requires the exporter to file a declaration in a prescribed form and submit supporting documents to enable the customs autho
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model building is the essence of the operations research approach?
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