of the organized economic activity. 2. To equip the youngsters with conceptual and interpersonal skills and social purpose for managerial decision-making and its execution in real situations. 3. To develop and encourage the entrepreneurial capabilities of young generation to make them effective change agents. 4. To meet the demand for trained and professional people in the country at the top level management of business and industrial organizations in the light of the new economic and industrial policy
Words: 20659 - Pages: 83
The three fundamental concepts and principles of the American legal system I chose were the economic analysis of law, religion, and the right to freedom of religion and freedom of expression. There was a similarity with each of these areas where they were connected in some way or another. The economic analysis of the law is especially emphasized in the legal system of the United States. Why is the economic analysis so important? There are several factors that incline the American legal system
Words: 450 - Pages: 2
Explaining Basic Accounting Concepts and Business Structures Matthew Philip Moshi ACC/537 September 17, 2012 Joseph P McDonald Basic Accounting Concepts and Business Structures The catastrophic collapse of the stock market in 1929, subsequently resulting in the great depression will forever coincide with the private sector’s formulation and subsequent issue of formal accounting standards (Keiso, Warfield, & Weygandt, p. 6, 2007). Appeals for heightened governmental regulation over financial
Words: 2086 - Pages: 9
often dropped in practice, meaning that financial ratios are just calculated on the basis of the reported numbers, perhaps with some adjustments. Financial statement analysis is the foundation for evaluating and pricing credit risk and for doing fundamental company valuation. 1. Financial statement analysis typically starts with reformulating the reported financial information. In relation to the income statement, one common reformulation is to divide reported items into recurring or normal items and
Words: 1440 - Pages: 6
financial accounting and financial reporting. It is “a coherent system of interrelated objectives and fundamentals that can lead to consistent rules and that prescribes the nature, function, and limits of financial accounting and financial statements.” It is a kind of constitution. Roles: * Conceptual framework is to be useful and rule-making should build on and relate to an established body of concepts and objectives. It increases financial statement users’ understanding of and confidence in financial
Words: 1834 - Pages: 8
Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why? (9 points) Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010. (9 points) Use the laws of supply and demand to explain why the cost to heat our homes and businesses goes up in the winter time. Be sure to explain your answer fully
Words: 440 - Pages: 2
Defining Marketing for the 21st Century Chapter Questions Why is marketing important? What is the scope of marketing? What are some fundamental marketing concepts? How has marketing management changed? What are the tasks necessary for successful marketing management? Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall 1-2 What is Marketing? Marketing is an organizational function and a set of processes for creating, communicating, and delivering value
Words: 685 - Pages: 3
while goals 4, 5 & 6 relate to health. The rest focus more on the socio-environmental, economic and political issues that largely determine the population’s ill-health and wellbeing. Hence it is inevitable that poverty and health are globalised issues with greater local impacts that both must be addressed well using integrated approaches if quality health outcomes need to be achieved. The concept of health promotion in particular provides the overarching framework to practically address
Words: 2119 - Pages: 9
yet more failure and problems, and so the situation is exacerbated. Trends of Future Quality Management The concept of customer value represents a dramatic improvement over the traditional approach to quality, the “comformance to specified standards” approach. It extends the concept of quality include user perceptions and use consequences. However, it still falls short of the concept of Total Quality, which stresses the importance of quality in every aspect of an organization. Perhaps the Japanese
Words: 1899 - Pages: 8
paper considers the original aims of the European Economic Community on its formation under the Treaty of Rome 1957 as a background to the transformation of the EEC into the European Community. A discussion of the subsequent development of the EC thereafter forms the main body of this work and the staged development of the EC through subsequent amending treaties provides the focus of the analysis offered. A brief historical survey of the European Economic Community The European Community of 2008 sees
Words: 3143 - Pages: 13
