Dr. Ram Manohar Lohia Avadh University BBA Notes
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BRF/U5 Topic 5 Limited Liability partnership Act 2008
A Limited Liability Partnership or LLP is an alternative corporate business form which offers the benefits of limited liability to the partners at low compliance costs. It also allows the […]
Industrial licensing
The Industrial Development and Regulation Act (IDRA), 1951 provides a basic framework for the growth and development of industries in India. The Act mandates every existing or new industrial undertaking […]
BC/U1 Topic 2 Communication Models
Communication models are systematic representations of the process which helps in understanding how communication works can be done. Models show the process metaphorically and in symbols. They form general perspectives on […]
BC/U1 Topic 4 Effective communication
An Effective Communication is a communication between two or more persons wherein the intended message is successfully delivered, received and understood. In other words, the communication is said to be effective when […]
BC/U1 Topic 5 Theories of communication
Communication Theory Framework Let us examine communication and communication theory through the following viewpoints: Mechanistic: The mechanistic view point says that communication is simply the transmission of information from the […]
BC/U1 Topic 6 Audience analysis
Audience analysis involves identifying the audience and adapting a speech to their interests, level of understanding, attitudes, and beliefs. Taking an audience-centered approach is important because a speaker’s effectiveness will […]
FMI/U2 Topic 2 Recent development in Indian Money market
Indian Government appointed a committee under the chairmanship of Sukhamoy Chakravarty in 1984 to review the Indian monetary system. Later, Narayanan Vaghul working group and Narasimham Committee was also set […]
FMI/U4 Topic 1 Merchant Banking
The term ‘merchant banking’ has been used differently in different parts of the world. While in U.K. merchant banking refers to the ‘accepting and issuing houses’, in U.S.A. it is […]
FMI/U4 Topic 3 Housing Finance
The Housing Finance Company is yet another form of non-banking financial company which is engaged in the principal business of financing of acquisition or construction of houses that includes the development of plots of […]
Monopolistic Competition: Meaning and Characteristic
Monopolistic competition characterizes an industry in which many firms offer products or services that are similar, but not perfect substitutes. Barriers to entry and exit in a monopolistic competitive industry […]
BE/U5 Topic 2 Price and Output Determination under Monopolistic Competition
In monopolistic competition, since the product is differentiated between firms, each firm does not have a perfectly elastic demand for its products. In such a market, all firms determine the […]
BE/U5 Topic 4 Selling Costs
Selling costs play the key role in monopolistic competition and oligopoly. Under these market forms, the firms have to compete to promote their sale by spending on advertisements and publicity. […]
BE/U5 Topic 5 Selling Costs under Perfect Competition
There is no need for a firm working under perfect competition to undertake advertisement expenditure or to incur other types of selling costs, since by assumption, the product produced by […]
BE/U5 Topic 6 Excess Capacity under Monopolistic Competition
Theories of Chamberlin’s monopolistic competition and Joan Robinson’s imperfect competition have revealed that a firm under monopolistic competition or imperfect competition in long-run equilibrium produces an output which is less […]
BE/U5 Topic 8 Indeterminate Price and Output in Oligopoly
The term oligopoly has been derived from two Greek words, ‘oligoi’ means few and ‘poly’ means control. Therefore, oligopoly refers to a market form in which there is a control […]
