Motivation Analysis Test
by Motivation is the reason for people’s actions, willingness and goals. Motivation is derived from the word motive which is defined as a need that requires …
Tag: NOTES
Profit and Loss Account
The account through which annual net profit or loss of a business is ascertained, is called profit and loss account. Gross profit or loss of …
Setting of Reorder Level, Maximum Level, Minimum Level
Formulas: (i) Maximum Level of Stock = (Reorder Level + Reorder Quantity) – (Minimum rate of consumption x Minimum reorder period) Maximum Level may be …
Economic Order Quantity (EOQ)
Economic order quantity (EOQ) is the ideal order quantity a company should purchase for its inventory given a set cost of production, demand rate and …
Nature and Importance of Macro Economics
It is that part of economic theory which studies the economy in its totality or as a whole. It studies not individual economic units like …
Travelling Salesman Problem
The Traveling Salesman Problem (TSP) is a classic optimization problem in the field of computer science and operations research. It can be described as follows: …
Concept of Duality
The Duality in Linear Programming states that every linear programming problem has another linear programming problem related to it and thus can be derived from it. The …
DAGMAR and other Models
The DAGMAR approach of advertising was devised by Mr Russell Colley who was much appreciated for his work, as till date, DAGMAR is a concept …
Psychological Contract, Development Leadership, Employee Engagement
Psychological Contract The psychological contract refers to the unwritten set of expectations of the employment relationship as distinct from the formal, codified employment contract. Taken …
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