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what is a PnL statement
Covariance: A measure of influence of one dependent variable to another, covariance presents the weighted correlation among two dependent variables. Covenant: A se
Consumption Function: A function capturing the dependent relationship between customer spending and income, where changes in customer spending are directly proportional to
The customer should known what expect. This can only come about through communication. Even if there is a defect in service or if there is a limitation on the part of the service p
Pre-requisites of effective control 2
Leader-Participation Model Victor Vroom and Phillip Yetton build this model which provides a set of rules to determine the form and amount of participative decision making in s
Advantages: 1.Many social events are such that they have already occurred and cannot be repeated or replicated. Causes behind many events cannot be created or reproduced. Hence
What are the 14 Principles of Management? The 14 Management Principles by Henri Fayol (1841-1925) are: 1. Division of Work. Specialization permits the individual to make
Management of a project, which in my case is the successful launch of the division, is nothing but the necessary planning, organizing and managing of the resources required to achi
LEVELS 0F MANAGEMENT AND MANAGERIAL SKILLS A manager is anyone, at any level of the organisation, who directs the efforts of other people. He is the catalyst who makes thin
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