Assignments

A shopkeeper charges Rs. 25 per item for buying 20 or less items. He gives some rebate if items bought are more. If the items bought are 50 or less, then a rebate of Re. 1 per item and for purchase of more than 50 items, rebate of Rs. 2 per item. Find the cost function. What are the points at which this is not continuous?

Leave a Comment / BCOC – 134 /

Introduction In business mathematics, cost functions help us understand how pricing changes based on the number of units sold or purchased. In this question, we are given a tiered pricing scheme by a shopkeeper. The task is to derive a cost function that accurately models the total cost based on the quantity of items purchased […]

A shopkeeper charges Rs. 25 per item for buying 20 or less items. He gives some rebate if items bought are more. If the items bought are 50 or less, then a rebate of Re. 1 per item and for purchase of more than 50 items, rebate of Rs. 2 per item. Find the cost function. What are the points at which this is not continuous? Read More »

Explain the principles of planning.

Leave a Comment / BCOC-132 /

Introduction Planning is the first and most important function of management. It involves setting goals, deciding the actions to achieve them, and identifying the resources needed. Planning gives direction to the organisation and helps in using resources efficiently. To make the planning process effective, certain principles should be followed. These principles guide managers to plan

Explain the principles of planning. Read More »

What are the forms of organisation in public enterprises?

Leave a Comment / BCOC-132 /

Introduction Public enterprises are businesses owned and operated by the government. These organisations aim to serve the public interest and contribute to economic development. In India and many other countries, public enterprises play a key role in sectors like energy, transport, finance, and communication. There are different forms of organisation for public enterprises, each with

What are the forms of organisation in public enterprises? Read More »

What are the objectives of supply chain management?

Leave a Comment / BCOC-132 /

Introduction Supply Chain Management (SCM) is a vital part of any business that deals with the movement of goods and services. It covers everything from sourcing raw materials to delivering the final product to the customer. Effective supply chain management helps in improving customer satisfaction, reducing costs, and increasing efficiency. In this answer, we will

What are the objectives of supply chain management? Read More »

Distinguish between cost-oriented pricing and demand-oriented pricing.

Leave a Comment / BCOC-132 /

Introduction Pricing is one of the most important elements in marketing and business strategy. It helps a business decide how much to charge for its products or services. There are different ways to set prices. Two major methods are cost-oriented pricing and demand-oriented pricing. Understanding the difference between these two methods helps businesses make better

Distinguish between cost-oriented pricing and demand-oriented pricing. Read More »

Enumerate five most suitable process of team building.

Leave a Comment / BCOC-132 /

Introduction Team building is a crucial aspect of any organisation. It involves bringing individuals together to form a group that works towards a common goal. A strong team increases productivity, builds trust, and creates a positive working environment. In this answer, we will explain five of the most suitable and widely accepted processes of team

Enumerate five most suitable process of team building. Read More »

Explain the components of organisational system.

Leave a Comment / BCOC-132 /

Introduction An organisational system is a structured arrangement of people, processes, and resources that work together to achieve common goals. It is like the backbone of any business or institution. Understanding its components is very important for effective management and smooth functioning. In this answer, we will explain the major components of an organisational system

Explain the components of organisational system. Read More »

How does technology help in reducing business costs?

Leave a Comment / BCOC-132 /

Introduction Technology plays a major role in today’s business world. It has changed the way businesses operate and communicate. One of the most important benefits of technology in business is its ability to reduce costs. With increasing competition and the need to remain profitable, reducing business costs has become essential. Technology helps businesses save money

How does technology help in reducing business costs? Read More »

Disabled !