Cost Centre – Do not generate revenue. For example, the IT Department and the HR Department. Profit centre – It generates revenue. For example, the Sales Department. In the modern corporate business, the organisation has…
The expansion of a business enterprise is beneficial in terms of the economies of scale and scope, creation of market power, development and utilization of brand value, etc. However, expansion of the business indefinitely is…
Reasons for expanding the enterprises: A business enterprise expands its size in terms of the market share, sectors, products, etc. It means that a business organization, over a period of time, can be seen expanding,…
Decision Analysis Problem (DAP) is a systematic way of assessing the various alternatives and selecting the best alternative to achieve the objective. So, DAP is related to the appropriate decision-making by an individual or organization.…
नेपाल राष्ट्र बैंक (NRB): Question Paper – 2082 पद: सहायक निर्देशक (आन्तरिक) सेवा/समूह: प्रशासन पत्र: प्रथम/द्वितीय मिति: २०८२/१२/११ र १२ गते
Chapter – Decision Analysis Decision under certainty and uncertainty: Certainty in decision analysis refers to the situation in which the decision maker has complete and reliable information on all possible alternatives and outcomes, and on…
Consumption decisions in the short run are more or less rigid or less elastic because, in the short run, the factors affecting consumption are given and do not change immediately. For example, in the short…
The tradition of money was started by the Lichchavi King Mandev, called “Manank”. Later, his successor, Anshu Varma, and Narendra Dev continued using money for the buying and selling of goods. Timeline of the Nepali…
Accounting is the process of identifying financial transactions, systematic and scientific record keeping, classifying, summarizing, and preparing a final statement to provide information to the concerned stakeholders. Accounting is the language of business and a…