Thursday, 27 July 2017

CBSE Class 9 - Social Science - Economics - People as a resource - Questions and Answers(#cbseNotes)

People as A Resource

Question Answers

CBSE Class 9 - Social Science - Economics - People as a resource - Questions and Answers(#cbseNotes)


Question 1: What do you understand by people as a resource?

Answer: People as a resource refers to a country is working for population in terms of their existing productive skills and abilities.

It is the human resource which converts all other resources like land, capital, natural resources etc. into useful products.

This human resource contributes to the creation of a gross national product(GNP).



Question 2: What is human capital formation?

Answer:
When the existing human resource is further developed by becoming more educated and healthy. It is termed as human capital formation.

It acts to the productive capacity of the country as educated, trained and healthy people earn higher incomes.



CBSE Class 12 - Business Studies - Features Of Planning (#CBSENotes)

Features Of Planning

Business Studies

CBSE Class 12 - Business Studies - Features Of Planning (#CBSENotes)


Planning focuses on achieving objectives:
Planning has no importance unless it contributes to the accomplishment of predetermined organizational goals.


Planning is a primary function of management:
Planning lays down the base for other functions of management. Planning precedes other functions. It goes before different capacities.


Planning is pervasive:
Planning is required at all levels of management as well as in all departments of the organization. It is not an exclusive function of top management.

Wednesday, 26 July 2017

CBSE Class 12 - Business Studies - Question Paper Delhi Region - (2016-17) (#cbsePapers)

CBSE Class 12 - Business Studies  - Question Paper Delhi Region - (2016-17) 


CBSE Class 12 - Business Studies  - Question Paper Delhi Region - (2016-17) (#cbsePapers)





CBSE Class 11 - Business Studies - Chapter 1 - Characteristics of Business (#cbseNotes)

Characteristics of Business

CBSE Class 11 - Business Studies - Chapter 1 - Characteristics of Business (#cbseNotes)

A business activity is different from other activities performed in a society. The essential characteristics of business are as follow:

An economic activity
Manufacturing or Purchase of Goods and Services
Sale or Exchange of Goods and Services
Deals in Goods & services on a regular basis
Aims at Profit Earning
Element of Risk:
Uncertainty of Return
Requires Investment