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Employee Welfare In India - Essays, Research Papers And ...

ADVERTISEMENTS: This article provides an overview on Employee Welfare in India. Need for Labour Welfare in India: The Directive Principles of State Policy in our Constitution expresses the need for labour welfare thus: 1. The State shall strive to promote the welfare of the people by securing and protecting as effectively as it may a ...

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Decision Making In Management

(i) Inventory control decisions. (ii) Marketing decisions. Importance of Decision Making: Throughout the business cycle, it is required to supply, financial, technical or other information as an input to help making decisions at higher management levels, for achieving maximum return on ...

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Exam Questions On Marketing Concepts | Marketing Management

Some of the frequently asked exam questions on marketing concepts are as follows: Q.1. What do you mean by the term marketing research? Ans. The term marketing research relates to the methodology of gathering, reporting, and analysing facts concerning any phase of the marketing activity.

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Marketing Mix: Definition, Elements And Forces | Marketing ...

2. "The marketing mix refers to the apportionment of the effort, the combination, the designing and integration of the elements of marketing into a programme or mix which on the basis of an appraisal of the market force will best achieve the objectives of an enterprise at a given time." [Prof. N.H. Borden] 3.

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Physical Distribution: Definition, Objectives, Importance ...

Physical distribution is thus, management of the physical flow of products and management and operation of the flow system. It is a process of managing the movement of the goods. Objectives of Physical Distribution: Physical distribution has two broad ...

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Sales Forecasting: Meaning, Importance And Methods

From above, looking to its importance, it is essential that sales forecast must be accurate, simple, easy to understand and economical. Thus we can say that a sales forecast is an estimate of the amount of sales for a specified future period under a proposed marketing plan or programme.

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Product Life Cycle (With Diagram)

Sales drop severely, competition dwindles, and even then the product cannot stand in the market. It may be priced out of the market by other new innovations. At this stage price becomes the primary weapon of competition, and we have to reduce considerably expenditure on advertising and sales promotion. Cost control becomes the key to generate ...

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Merchandising: Definitions, Types Principles And Functions ...

AMA - American Marketing Association has defined merchandising as "Planning involved in marketing right merchandise, at right place at right time in the right quantities at the right price". E.g. - Amazon(dot)com, promises to deliver around 1 crore products within 24 a€

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Adjusting Time Value Of Money (Techniques)

Mr. X is to receive Rs,. 5,000 after 5 years from now. His time preference for money (rate of interest) is 10 percent per annum. Calculate its present value by using discount factor tables. Solution: We look to the discount factor tables 10% column and the row for the 5th year. The discount factor is .621. Percent Value (V 0) = Future Value (V ...

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List Of Popular Money Market Instruments | India ...

The call money market is the highly liquid market, and accounts for a major share of the total turnover of the money market. . Inter Bank Term Money: Inter-Bank market for deposits of maturity beyond 14 days and up to three months is referred to as the term money market. In Call money market, if money is lent for a day it is called call money ...

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Consumer Behaviour: Factors, Importance, Examples, Process ...

Roles and Status are factors which also influence decision making. Roles are the activities of the person in a group. A woman plays the role of wife, mother and sister in a family. She plays the role of an employee in an organisation. She may also play the role of a a€

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6 Main Factors That Affect Individual Performance

Though there are various factors that affect individual performance, motivation is one of the most important factors that affects job performance. Commitment, ability, dedication etc. affect performance only if the employees are motivated to work. Managers have to analyze human behaviour and find out the right motivators that affect job ...

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Bases Of Promotion: Seniority, Merit, Seniority-Cum-Merit ...

Bases of Promotion: Seniority, Merit and Seniority-Cum-Merit Based Promotion Bases of Promotion - Top 3 Basis: Seniority, Competence / Merit and Seniority-Cum-Merit Basis (With Advantages and Disadvantages) A promotion is an increase in rank which may also be accompanied by a raise in pay, benefits, and responsibility.

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Tax Treatment On Income From Bonds

If all the above conditions are satisfied, income from such 'Zero Coupon Bond' will be considered as capital gains. These bonds will be considered as short term capital asset if held for a period of 12 months or less. Long term capital gains on such bonds will attract a€

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Organising: Meaning, Process And Principles

Meaning of Organising 2. Process of Organising 3. Importance 4. Principles. Meaning of Organising: Organising is a "process of defining the essential relationships among people, tasks and activities in such a way that all the organisation's resources are integrated and coordinated to accomplish its objectives efficiently and effectively".

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Exam Questions On Sales Promotion | Sales | Marketing

(2) Organising: The Sales Manager should organise his 'sales force'. He should recruit sales staff consisting of a manager, executives, representatives, salesman at the counter, etc. Selection has to be made with great care. Now-a-days various courses are run a€

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Employee Promotion: Meaning, Need, Types, Basis, Methods ...

Employee Promotion - 4 Main Types: Horizontal, Vertical, Dry and Open versus Closed Promotion. The various types of promotions are as under: Type # 1. Horizontal Promotion: In this type of promotion, the position of the employee concerned has been upgraded with some pay increase but the nature of his job remains the same. This is known as ...

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Records To Be Maintained In The Stores

After reading this article you will learn about the records to be maintained in the stores. 1. Bin Card: This is a card which is attached to each bin, rack, shelf or other container for stores. A record of all materials entering or leaving the bin and balance of material in hand is kept in this card.

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Types Of Leverages: Financial, Operating And Combined ...

iii. Most companies use WACC as discount rate in capital budgeting decisions. A reduction in WACC due to the use of financial leverage means that more projects will be profitable and can be selected. 3. Combined Leverage:

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5 Main Instruments Of Money Market In India

Main instruments of money market in India are: 1. Treasury Bills 2. Commercial Paper 3. Call Money 4. Certificate of Deposit 5. Commercial Bills! 1. Treasury Bills: Treasury bills, also known as Zero Coupon Bonds are the instrument of short term borrowing with maturity period of less than one year.

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Promoter Of A Company: Functions, Duties And Liabilities

It has not been defined anywhere in the Act, but a number of judicial decisions have attempted to explain it. ... it shall start into existence and begin to act as a trading corporation." ... It is the duty of the promoter to disclose all the private arrangement resulting him profit by the promotion of the company. 5. Duty of promoter against ...

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Top 5 Elements Of Promotional Mix | Products

This article throws light upon the top five elements of promotional mix of products. The elements are: 1. Advertising 2. Personal Selling 3. Sales Promotion 4. Publicity 5. Public Relations. Element # 1. Advertising: It is a paid form of non-personal mass communication by an identified sponsor.

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Sales Promotion: Meaning And Types

Sales promotion is the plus ingredient in the marketing mix, whereas advertising and personal selling are essential and basic ingredients in the marketing mix. Sales promotion is a vital bridge or a connecting link removing the gap between personal selling and advertising, the two wings of promotion.

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Essay On Sales Promotion: Top 4 Essays | Sales | Marketing

This is a kind of incentive payment in cash or in kind to the dealers for sales promotion of products and is generally deterA­mined at a fixed rate per product sold. C. Sales Force Promotion: Personal selling or salesmanship is by far the best method of sales promotion. So, the sales persons employed by a firm should be adequately rewarded.

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Management Development: Meaning, Importance And Aims

Management development, therefore, means any planned, guided or directed activity undertaken by a manager to help himself become more competent in his present and/or to consciously prepare himself for assuming higher and more important managerial duties and responsibilities so that he can claim promotion by merit or competence.

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Sales Promotion: Meaning, Merits, Limitations And Methods

Sales Promotion: Meaning, Merits, Limitations and Methods! Sales promotion refers to the use of short term incentives to persuade the people to purchase the goods or services immediately. These incentives are discount, free gift offer, distribution of free samples, rebate, sales contents etc. Basically, sales promotion supplements other ...

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