12.12 Consumer Protection

Meaning & Importance What is consumer protection? Raju bought a cake manufactured by Eat India Company. The cake had exceeded expired date. Raju consumed the cake and fell ill. Consumer protection helps Raju to fight for justice. What is the importance of consumer protection from the consumer point of view? Consumer ignorance. Raju is illiterate […]

4.12 Planning

Features & Importance of Planning What is Planning? Planning is deciding what is to be done in the future. It involves anticipation (speculation/guess) of future course of events and deciding the best course of action. What are the features of planning? Planning focuses on achieving objectives. Planning is a primary function of management. Planning is […]

10.12 Financial Markets

Summary Financial Market is a market for creation and exchange of financial assets. It helps in mobilisation (moving) and channelising the savings into most productive uses. Financial markets also help in price discovery and provide liquidity to financial assets. 10.1 Concept of Financial Markets What are the two sectors of an economic system? Households which […]

Albert Einstein at School – Patrick Pringle

Albert Einstein at School describes Einstein’s struggles at Luitpold Gymnasium, his school in Munich. About his clash with teachers and students. About his stay as a paying guest and his noisy landlady. Einstein had no peace in the school nor in his lodging. About his securing a doctor’s certificate that suggested a change of school. Learn Albert […]

9.12 Financial Management

This chapter is not as easy as the others. You are going to see new terms. However, there is no need to worry about a little bit of mathematics. It is such cool! Business finance Money required for carrying out business activities is called business finance. Almost all business activities require some finance. Finance is […]

5.12 Organising

In PLANNING, we saw how NOKIA finalized N 1200 with camera feature. Now let’s see how to implement the plan by clarifying jobs (to workers and departments) and working relationship and effectively deploying resources (workers, raw-materials, etc) for the attainment of organization goal. Organizing is implementation of plan by clarifying jobs and working relationship and effectively […]
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