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What factors are to be considered while starting a business? Explain.

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Important Questions on Economics

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Explain the concepts of the short run and the long run.
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Which function of management involves developing an organizational structure and allocating human resources?
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What does a bearer debenture mean?
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What is informal communication?
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Explain the concept of a production function.
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State the meaning of principles of management.
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Which of the following is an example of a financial objective of management?
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Explain the concept of business risk and its causes.
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What is meant by recruitment? How is it different from selection?
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What is the meaning of ‘Debentures issued as a collateral security’?
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A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
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What is the law of diminishing marginal product?
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What does ‘Issue of debentures for consideration other than cash’ mean?
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What is the total product of an input?
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What is meant by a debenture?
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Which management concept ensures that each employee has only one direct supervisor?
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What is meant by business risk?
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State the causes of risks involved in business?
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What does it mean to issue debentures at a discount and redeemable at a premium?
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Explain the relationship between the marginal products and the total product of an input.