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Business Studies(9707) Post your doubts here

AAnsarii

AAnsarii

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w12 qp13
6) Discuss the view that money is the only factor that motivates people to work hard. [20]

wt other pts cn b there than: *Taylor, *satisfies a personal need, * status & recognition (for); ~Taylor's time's nt lyk r time, ~ existence of other needs
ps do v need 2 write in detail d other needs?
 
Student of the year

Student of the year

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AAnsarii said:
w12 qp13
6) Discuss the view that money is the only factor that motivates people to work hard. [20]

wt other pts cn b there than: *Taylor, *satisfies a personal need, * status & recognition (for); ~Taylor's time's nt lyk r time, ~ existence of other needs
ps do v need 2 write in detail d other needs?
Click to expand...


explain the needs-- how can the other needs motivate employees---with reference to theories
dont write in detail the other theories, but do mention them......
eg: as outlined by mayo, he says that the conditions in the workplace have an effect on the workers
consulting workers makes them interested in the work, & so motivation is improved,
so money has little role here.

& as you said, that taylors time is not ike our time---explain this in great detail
& I think this would be enough.......

Hope it helps.......:)
 
AAnsarii

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D

dishant.k

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2 ways of using cash flow forecasts??

explain main function of management??

State two function of a HR manager ?'

diff. sources of. finance might bhi needed for revenue and capital expenditure???

skimming and penetration and which.is.more useful for new product

please help me out
reply ASAP
 
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dishant.k said:
2 ways of using cash flow forecasts??

explain main function of management??

State two function of a HR manager ?'

diff. sources of. finance might bhi needed for revenue and capital expenditure???

skimming and penetration and which.is.more useful for new product

please help me out
reply ASAP
Click to expand...

1)2 ways of using cash flow forecasts??
(2 from)
review future financial liquidity, plan for short/long term funding
requirements, prevent overtrading, plan for positive cash flows and deal with future
negative cash flows, assist business financial planning and budgeting, plan to
manage/or reduce future negative cash flows.

2)explain main function of management??
i.Organizing-resources to meet objectives.
ii.Planning-setting objectives
iii.Coordinating activities
iv.Controlling-measuring performance
v.Directing, motivating & commanding


3)State two function of a HR manager ?'
(2 from)
Planning workforce needs; Recruiting & selection; Appraising,Training & developing; improving staff morale & welfare; preparing contracts of employment; disciplining staff.


4)diff. sources of. finance might bhi needed for revenue and capital expenditure???
Student of the year said:
Capital expenditure is for assets that long for more than 1 year.
Revenue expenditure is on assets & costs that will last for less than a year.
Both these types will be financed in different ways & the length of time the money is tied up will play an imp influencing factor.
It would be risky to borrow long term finance to pay for short term needs.
permanent capital would be needed for long term policies/objectives.
Short term finance would be advisable to finance short term needs.



I hope this is sufficient......:)
which year is this ques from??
I want to solve it too......
Click to expand...



5)skimming and penetration and which.is.more useful for new product
skimmng is setting a high price---it is for products which have a unique or differentiated product; & have a low PED,
used when want to create an exclusive image for the product & there is very less competition
price is reduced once rivals enter the market.

penetration is setting a low price---used when mass marketing & wanting to gain a large market share,
it is supported by promotion
price can be incresaed once a market share is gained.


Hope this helps....
I`ve given only d points, if u need explaination,ask.
 
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AAnsarii said:
how is Median useful 2 businesses?
Click to expand...

Median is less influenced by extreme results.
better than mean when some very high or low results present.

it can be used during wage negotiation---wherein the median value can be used to say that half our workers receive less than this & half more....
this is useful as mean would give a diff result as extremes would be considered.


Median can play a major role in things like income level research as well, because a few millionaires may make it look like the socio-economic status of your sample is higher than it really is.

Hope this is sufficient.....:)
 
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Layann

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I don't get debt factoring and debentures.
I face difficulty in solving any question related to finance..
 
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dishant.k

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Layann said:
I don't get debt factoring and debentures.
I face difficulty in solving any question related to finance..
Click to expand...
The sale of a business’ invoices
to a third party. Also know as
factoring, accounts recievable
factoring, invoice discounting
is debt factoring

debentures

An unsecured loan certificate
issued by a company, backed
by general credit rather than
by specified assets
 
AAnsarii

AAnsarii

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Layann said:
Thank you!
Why business should prepare cash flow forecast?
Click to expand...
in d event of no CF forecast, d biz will nt noe wt likely inflows n outflows exist 4 its near future; it won't noe hw money will enter in2 d biz n leave it, and thus it can result in illiquidity (d firm may be unable 2 pay its short-term debts) n d creditor(s) may 4ce it in2 liquidation (selling off its assets 2 settle debts), which may mark the end of the business

hope it helped...:unsure:
 
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