CBSE 12th Commerce

INTRODUCTION: The term globalization is derived from the word globalize, which refers to the emergence of an international network of the economic systems. Since its inception, the concept of globalization has inspired competing for definition and interpretations, with antecedents dating back to the great movements of trade and empire across …

HENRI FAYOL Life Time – 1841 – 1925 Profession – Mining Engineer & Mgt. Theorist (French) Education – Educated from Mining Academy at St. Etienne in 1880. Position Held – Founded the Mining Company ‘Compagnie De Commentary – Fourchambeau – Decazville.’ and became its Managing Director in 1888 and remained …

MARKETING Marketing is the process of exchange of goods and services for money or something of value. It is a social process because it involves the interaction of people (buyer and seller) and focuses on the needs and wants of people. Thus, the modern concepts of marketing are based on …

PREFACE I chose to visit Netaji Subhas Place, North Delhi outlet of Chaayos. It took me 3-4 visits of Chaayos to observe and analyze the application of Fayol’s 14 principles of management. For this, I took an interview with the Branch Manager, a survey from employees of Chaayos and also …

PREFACE I chose to visit McDonald’s, New Delhi. It took me 3-4 visits of McDonald’s to observe and analyze the application of Fayol 14 principles of management. For this, it took an interview with the Branch Manager, a survey from employees of McDonald’s, and also from the customer visiting, to …

MEANING OF MONOPOLY: A monopoly is a market situation where there is only one seller of a product with barriers to entry and exit of others. The products have to close substitutes. The case elastically of demand with every product is shallow. Monopolistic can sell his commodity at any price …

INTRODUCTION: Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. The main functions of money are distinguished as a medium of exchange, a unit of account, a store of value, and …