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
Q.2 Example of interview and Types of Interviews. ANS: Introduction: An interview is a formal conversation in which both concerned parties attempt to find out if the other party offers something valuable to them. All organisations, irrespective of size or industry, need and use interviews to select the right candidate for the right job. Joe … Read more
F.Y.B.COM. SEMESTER – I BUSINESS COMMUNICATION Q.5 Explain Downward Communication Advantages and Disadvantages. ANS: In Downward Communication, top management of an organization transmits decisions taken by it, along with its intended goals, vision, culture and ethics through various levels of authority. All decisions taken by the top management are passed down the … Read more
F.Y.B.COM. SEMESTER – I BUSINESS COMMUNICATION Q.4 Communication in the Context of Technology. ANS: In these early years of the third millennium, we find ourselves real inhabitants of the global village that Marshall McLuhan had envisaged over thirty years ago. Advances in technology have facilitated the process of market globalization. New technology … Read more
F.Y.B.COM ( SEMESTER – I ) Commerce Paper I (Introduction to Business) Q3. Explain in detail the Social objectives of the Business. Social Objectives Business : Business is a part of a social System. A social system involves people and their Organisations in mutual relationship to each other. Business is an integral part of society. … Read more