FINANCIAL DECISIONS

v  FINANCIAL DECISIONS
FINANCIAL MANAGEMENT
BUSINESS STUDY
A CONCEPTUAL SERIES ON COMPETITIVE EXAM FOR COMMERCE AND MANAGEMENT LEC 6

·         FINANCIAL DECISIONS

·         CONTENTS: EXPLANATIONS OF FINANCIAL DECISIONS,THEIR INTERRELATIONSHIP AND IMPORTANT HINTS FOR  SHORT QUESTIONS

·         FINANCIAL DECISIONS REFERS TO DECISIONS CONCERNING FINANCIAL MATTERS OF A BUSINESS. THE OBJECTIVE OF THESE DECISIONS IS TO MAXIMIZE THE WEALTH OF SHARE HOLDERS.AN EFFICIENT FINANCIAL DECISIONS INCREASES THE PRICE OF THE SHARE WHERE AS POOR FINANCIAL DECISION RESULTS INA DECLINE OF SHARE PRICE.

SHORT QUESTIONS FOR BUSINESS STUDY FOR PLUS TWO COMMERCE

Ø  SHORT QUESTIONS FOR BUSINESS STUDY FOR PLUS TWO COMMERCE

•     QUESTIONS ( 2 MARKS)

1.       EXPLAIN MANAGEMENT AS PROCESS?

2.       WHAT IS SOCIO –CULTURAL ENVIRONMENT?

3.       EXPLAIN STAFFING

4.       DEFINE MOTIVATION

5.       WHAT IS SPAN OF CONTROL

6.       WHAT IS FINANCIAL MARKET

7.       WHAT IS ADVERTISING

·         QUESTIONS 4 MARKS

1.       WRITE ANY FOUR PRINCIPLES OF CO-ORDINATIONS ?

2.       EXPLAIN THE DIFFERENCE BETWEEN UNITY OF COMMAND AND UNITY OF DIRECTION?

3.       WRITE ANY FOUR DIFFERENCE BETWEEN DELEGATION AND DECENTRALIZATION?

4.       WRITE ANY FOUR FEATURES OF COMMUNICATION?

5.       EXPLAIN ANY FOUR TYPES OF STRATEGY?

6.       EXPLAIN ANY FOUR ELEMENTS  AFFECTING WORKING CAPITAL REQUIREMENT?

7.       WRITE THE ESSENTIAL CHARACTERISTICS OF CHANNEL OF DISTRIBUTION

MEANING,NEED,FUNCTIONS AND QUALITY OF ENTREPRENEUR

v  MEANING,NEED,FUNCTIONS AND QUALITY OF ENTREPRENEUR
ENTREPRENEURSHIP DEVELOPMENT 1

ENTREPRENEURSHIP DEVELOPMENT 1

v  BUSINESS STUDY FOR PLUS TWO

·          CONTENTS OF THIS LECTURE

1.     NEW PLAYLIST ENTREPRENEURSHIP DEVELOPMENT IS ADDED ON MY CHANNEL SHASHI AGGARWALON YOU TUBE .IN A WEEK TWO LECTURES RELATED TO THIS SUBJECT WILL BE UPLOADED AND THIS TOPIC IS ALSO A PART OF THE BUSINESS STUDY PLUS TWO

2.     BRIEF INTRODUCTION AND MEANING

3.     FEATURES

4.     NEED

5.     ROLE/IMPORTANCE/FUNCTIONS OF THE ENTREPRENEUR

v      INTRODUCTION

·         THE WORD ENTREPRENEUR ORIGINATES FROM A THIRTEENTH CENTURY FRENCH VERB ENTREPRENDER MEANING TO DO SOMETHING OR TO DO SOMETHING

·         BY THE SIXTEENTH CENTURY,THE NOUN FORM ENTREPRENEUR WAS BEING USED TO REFER TO SOMEONE WHO UNDERTAKE A BUSINESS VENTURE

·         RICHARD CANTILLON MADE ACADEMIC USE OF THE WORD IN 1730 AND EXPLAINED THE WILLINGNESS TO BEAR THE PERSONAL FINANCIAL RISK OF A BUSINESS VENTURE AS THE DEFINING CHARACTERISTICS OF AN ENTREPRENEUR.

DIRECTING:MEANING,NATURE,PRINCIPLES AND ELEMENTS

·         DIRECTING

BUSINESS STUDIES
MGMT PRINCIPLES
MANAGEMENT AND ORGANIZATION BEHAVIOR
CONTENTS OF THE LECTURES:

I.            THE MEANING AND NEED OR DIRECTION AND

II.             BRIEFLY EXPLAIN THE VARIOUS PRINCIPLES AND ELEMENTS OF THE DIRECTION.

III.            SIGNIFICANCE OF THE DIRECTION

IV.            VIDEO LECTURE IS ALSO AVAILABLE AT YOU TUBE SHASHI AGGARWAL

V.            MANAGEMENT STUDENTS CAN ACCESS PLAYLIST BBA SECONDE SEM MGMT AND ORGANIZATION BEHAVIOR OR MGMT AND ORGANIZATION BEHAVIOR PLAYLIST

VI.            PLUS TWO COMMERCE CAN ACCESS THEIR RELEVANT TOPICS ON DIFFERENT PLAYLIST BUSINESS STUDY,MARKETING ,FINANCIAL MGMT AND MGMT OF HRM

·         MEANING OF DIRECTING

·         BASIC MANAGEMENT FUNCTION THAT INCLUDES BUILDING AN EFFECTIVE WORK CLIMATE AND CREATING OPPORTUNITY FOR MOTIVATION, SUPERVISING, SCHEDULING AND DISCIPLINING.

·         ALSO CALLED MANAGEMENT IN ACTION. IT IS CONCERNED WITH CARRYING OUT THE DESIRED PLAN. IT IS THE HEART OF MANAGEMENT PROCESS AS IT IS CONCERNED WITH INFLUENCING, GUIDING AND SUPERVISING THE SUBORDINATES IN THEIR JOB.

KOONTZ AND O’ DONNEL,” DIRECTING IS THE INTERPERSONAL ASPECT OF MANAGING BY WHICH SUBORDINATES ARE LED TO UNDERSTAND AND CONTRIBUTE EFFECTIVELY AND EFFICIENTLY TO THE ATTAINMENT OF ENTERPRISE’S OBJECTIVES.”

PROFIT MAXIMIZATION VS WEALTH MAXIMIZATION

Ø  PROFIT MAXIMIZATION VS WEALTH MAXIMIZATION

·         FINANCIAL MANAGEMENT

·         BUSINESS STUDY

1.        CONTENTS

2.        MEANING AND FEATURES OF PROFIT MAXIMIZATION

3.        EVALUATION

4.        MEANING AND FEATURES OF WEALTH MAXIMIZATION

5.        EVALUATION

6.        COMPARISON

7.        PLAYLIST ON FINANCIAL MGMT ON YOU TUBE

8.        ALL THE LECTURES WILL BE UPDATED OF FINANCIAL MGMT IN NEAR FUTURE ON YOU TUBE

Ø  OBJECTIVE OF FINANCIAL MANAGEMENT

1. PROFIT MAXIMIZATION
2. SHAREHOLDER WEALTH MAXIMIZATION

OBJECTIVES AND GOALS

Ø  OBJECTIVES AND GOALS
BUSINESS POLICY/STRATEGIC MANGEMENT

BUSINESS POLICY/STRATEGIC MANGEMENT

v  CONTENTS

1.     MEANING  OF OBJECTIVES AND GOALS

2.     FEATURES

3.     NEED

4.     IMPORTANCE

5.     DIFFERENCE BETWEEN OBJECTIVE AND GOALS

6.     PROCESS OF SETTING OBJECTIVES

7.     LECTURE ALSO AVAILABLE AT YOU TUBE SHASHI AGGARWAL

8.     CHECK PLAYLIST STRATEGIC MGMT FOR TOPICS RELATED TO BUSINESS POLICY/STRATEGIC MGMT

v     MEANING OF OBJECTIVES AND GOALS

·         OBJECTIVES ARE THE END RESULT OF PLANNED ACTIVITY

·         OBJECTIVES STATE WHAT IS TO BE ACCOMPLISHED BY AND WHEN AND SHOULD BE QUANTIFIED IF POSSIBLE.

·         OBJECTIVES REFER TO THE ULTIMATE END RESULT WHICH ARE TO BE ACCOMPLISHED BY THE OVER ALL PLAN OVER A SPECIFIED PERIOD OF TIME