चयन पद्धति का महत्त्व
चयन पद्धति का महत्त्व किसी संगठन की सफलता उसके द्वारा चयनित व्यक्तियों के गुणों पर आधारित होती है। अतः कर्मचारी का चयन प्रबंधन का बहुत महत्त्वपूर्ण कार्य है। चयन का महत्त्व निम्न कारकों से...
Author: pritamkurrey111
जॉब सिलेक्शन का अर्थ
उपयुक्त व्यक्तियों की विभिन्न कार्यों में नियुक्ति बहुत आवश्यक है। अनुचित/गलत व्यक्ति के चयन का अर्थ समय एवं धन की हानि जो इस प्रक्रिया में लिये गये हैं। यह अनुपस्थिति एवं बर्खास्तगी की ओर...
Types of Production Function
Broadly speaking, production function can be classified under two heads: 1.Fixed proportions production function, and 2.Variable proportions production function Under the former the productive factors are combined together in certain fixed proportions. For example,...
Nature of Production Function
Production changes with period of time. In long run, there are various choices available with the producer to make required changes. However, in short run, the choices open to the producer are restricted because...
What the mean of production
What does the term Production mean? This is in fa some activity of making. In economics, production is th creation of utility in any form. In economics, by productior we mean the process by...
Usefulness of Elasticity of Demand in Economic Theory and Practice This concept plays a significant role in economic theory and practice
1. Price Fixation under Imperfect Competition and Monopoly – The individual producer under imperfect competition has to consider the elasticity of the demand for his product when he fixes its price. Likewise, the monopolist ...
Elasticity of Demand
The concept of elasticity of demand is generally associated with the name of Alfred Marshall who had done much to develop it. Law of Demand explains the direction of change in demand. A fall...
Determination of Profit under Perfect Competition (Modern Theory)
Profit, like the reward of any other factor, is determined by the forces of demand and supply. This theory defines the entrepreneur as a business enterprise itself and profit as his net income. Profit...
Measurement of Profit
The difference between accounted profit and finan- cial profit makes measurement of profit complicated. The question arises as to what to include in opportunity cost and what not to. Measurement of profits is not...
Nature of Profit
The nature of profit has been a very complicated and difficult problem for economists to solve. In the last stages of the 19th century Prof. Taussig had called it a form of mixed and...