Category: Management

The important features of exchange rate management for Indian companies are listed below:1. Managing the exchange risk arising out of import/export transactions is possibly the most relevant for Indian Companies. There is a forward market in India where forward cover for normally upto 6 months can be obtained by the companies. image source: blog.orbitremit.com ADVERTISEMENTS: While taking decisions in this regard, they have to consider the Exchange Control Regulations in India, currency price movements in the international markets and the trends in rupee exchange rates.2. The simplest objective of an active exchange risk management system would be to obtain the most favourable exchange rate for all the foreign currency transactions of the company.The really effective method of managing currency exposure is to budget for specific rate of exchange for the…

Six Important Steps of Marketing Research Process are described below: 1. Recognising and Defining the Problem: The researcher must know what the management wants him to do It will necessitate a clear cut definition of the problem. For instance, if management wants to find out ways for increasing the sales the researcher should define the problem which will help him to find out the ways which can be followed for increasing sales. image source: growmelbourne.org ADVERTISEMENTS: He has to study the possibility of exploring new markets, finding out new uses of the product, impact of price cuts, likely effect of giving incentive discount, etc. A number of hypothesis i.e., possible variables or answers to the problem should be developed to be tested with the research. 2. Developing Alternative Courses of…

The definition of endowments recognised by the courts since long includes the properties set apart or dedicated by gift or devise for the worship of some particular deity or for the maintenance of a religious or charitable institution, or for the benefit of the public or some section of the public in the advancement of religion, knowledge, commerce, health, safety or for any other object beneficial to the mankind. Image Source: c1.staticflickr.comAmongst the religious and charitable endowments, hospitals, schools, univerisaties alms houses (for distribution of food to Brahmanas or poor), establishment of idols etc., are included. According to Raghvachariar an endowment is referred to as the setting apart of property for religious and charitable purposes in which there is a Karta and a specific thing which can be ascertained. A…

Huge Collection of Five Paragraph Essay Topics for School and College Students. Image Source: media.showmeapp.com. Five Paragraph Essay on Why College Is Important To Me ADVERTISEMENTS: 2. Five Paragraph Essay on World War 13. Five Paragraph Essay on Global Warming4. Five Paragraph Essay on Summer Vacation5. Five Paragraph Essay on Uniforms ADVERTISEMENTS: 6. Five Paragraph Essay on School Uniforms7. Five Paragraph Essay on To Kill a Mockingbird8. Five Paragraph Essay on the Civil War9. Five Paragraph Essay on the Hunger Games ADVERTISEMENTS: 10. Five Paragraph Essay on the Holocaust11. Five Paragraph Essay on the Crucible12. Five Paragraph Essay on Time Management13. Five Paragraph Essay on the Pearl14. Five Paragraph Essay on the American Dream 15. Five Paragraph Essay on Smoking16. Five Paragraph Essay on School Uniforms17. Five Paragraph Essay on…

20 Questions with Answers and Explanations on “Environmental Issues” for Biology Students: Image Source: quotationof.comQ. 1. Define the term pollution. Ans. Any undesirable change in physical, chemical and biological characteristics of air, land, water or soil is called pollution. ADVERTISEMENTS: Q. 2. What are pollutants? Ans. Substances that bring about changes in the environment are called pollutants.Q. 3. Which act has been passed by Government of India to protect and improve the quality of our environment? ADVERTISEMENTS: Ans. Environment (Protection) Act, 1986.Q. 4. Name the device used to remove sulphur dioxide from gases?Ans. Scrubber.Q. 5. Which size particulate are harmful to human? ADVERTISEMENTS: Ans. Particulate size 2.5 micrometer or less.Q. 6. How can the industrial noise be reduced?Ans. The industrial noise can be reduced by use of sound absorbents and…

(1) Any State Government may establish and maintain either by itself or under an agreement with voluntary organisations, special homes in every district or a group of districts, as may be required of reception and rehabilitation of juvenile in conflict with law under this Act. Image Source: iahp.org(2) Where the State Government is of opinion that any institution other than a home established or maintained under sub-section (1), is fit for the reception of juvenile in conflict with law to be sent there under this Act, it may certify such institution as a special home for the purposes of this Act. ADVERTISEMENTS: (3) The State Government, may, by rules made under this Act, provide for the management of special homes, including the standards and various types of services to be…

15 Questions with Answers and Explanations on “Food Production” for Biology Students: Image Source: pnas.orgQ.1. Explain in brief the role of animal husbandry in human welfare. Ans. The agricultural practice of breeding and raising live stock is animal husbandry. It has benefited the human in developing the better breeds of animals. ADVERTISEMENTS: It has improved the quantity and quality of the animal products. The economical condition of people involved in agriculture has improved and their lives have become better.Q.2. If your family owned a dairy farm, what measures would you undertakes to improve the quality and quantity of milk production? Ans. Measures to be undertaken to improve the quantity of milk yield are— ADVERTISEMENTS: (a) Selection of good breeds having high yielding potential (HYV) should be choosen.(b) The breeds should…

(1) The State Government may establish and maintain either by itself or in association with the voluntary organisations, children’s homes, in every district or group of districts, as the case may be, for the reception of child in need of care and protection during the pendency of any inquiry and subsequently for their care, treatment, education, training, development and rehabilitation. Image Source: keithklassen.files.wordpress.com(2) The State Government, may, by rules made under this Act, provide for the management of children’s homes including the standards and the nature of services to be provided by them, and the circumstances under which, and the manner in which, the certification of a children’s home or recognition to a voluntary organisation may be granted or withdrawn. ADVERTISEMENTS: [(3) Without prejudice to anything contained in any other…

Famous psychologist Victor H. Varoom was one of the leading exponents of this theory of motivation. Varoom was of the view that people are motivated to do things to reach a goal if they believe in the worth of the goal and if they believe that what they do helps in achieving that. Image Source: 435729.medialib.glogster.comIn other words, people’s motivation towards doing anything is determined by the value they place on the outcome of their effort and also by the confidence they have their efforts are going to help in the achievement of the goal. Varoom has indicated that: ADVERTISEMENTS: Where force is the strength of a person’s motivation, valence is the strength of an individual’s preference for an outcome, and expectancy is the probability that a particular action will…

Maslow presented a hierarchy of needs ranging from the basic physical requirements to the complex need of self actualisation. According to Maslow, “Man is motivated in accordance with his needs, once his lower needs are satisfied; he strives to satisfy the higher ones”. Image Source: i.ytimg.comThe needs, propounded by Maslow, may be discussed as follows: Physiological Needs: ADVERTISEMENTS: These are the basic needs of food, shelter, clothing, rest and sex. Men cannot live without the satisfaction of these needs. However, when these needs are satisfied he will strive to satisfy next higher needs. Safety Needs: When physiological needs are satisfied man strives for the safety needs. These needs pertain to the man’s need to be free from any danger which is concerned with his present or future life.He wants his…