F.Y.B.Com Semester II Business Economics II Q.4 Discuss the long run equilibrium of the firm under perfect competition. ANS: The long run is a period of time which is sufficiently long to allow the firms to make changes in all factors of production. Therefore, it is said that in the long run, all factors of … Read more
F.Y.B.COM. SEMESTER – II BUSINESS ECONOMICS – II Q.2 Explain how a firm gets profit maximisation under perfect competition. ANS: Profit is the main objective of any firm into business. Each and every firm tries to makes maximum possible profit into the business. Firm earns profit when Total revenue which has earned subtracted from the … Read more
F.Y.B.COM. SEMESTER – II BUSINESS COMMUNICATION Q.10 Define PR and functions that PROs need to perform. AND: Definition: Public Relations is the deliberate planned and sustained effort of an organization to establish and maintain mutual understanding between an organization and its publics. Functions of PR: As communicators they can ascertain the very pulse of the … Read more
F.Y.B.COM. SEMESTER – II BUSINESS COMMUNICATION F.Y.B.COM. SEMESTER – II Q.8 What is the difference between a conference and a meeting? ANS: While a committee, as well as a conference, is a type of group communication, in a committee meeting the number of members is small, there is a well defined agenda and decisions taken … Read more
F.Y.B.COM. SEMESTER – II BUSINESS COMMUNICATION Q.6 Group communication advantages and disadvantages. ANS: Introduction : A major objective of communication is to help decisionmaking by collecting, processing and transmitting information. A decision-making process must involve discussion, consultation and consensus. For example, the members of the examination committee meet before conducting an examination to decide on … Read more