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What do you understand by the term “Secondary Sources of Information? Explain various sources of secondary information.

Secondary sources of information refer to data or knowledge that is collected, compiled, and analyzed by someone else or by an entity other than the original researcher. These sources provide…

Continue ReadingWhat do you understand by the term “Secondary Sources of Information? Explain various sources of secondary information.

What is a queue? What are the basic elements of queues? Explain the basic queuing process and its applications in industrial management.

A queue is a fundamental data structure in computer science and operations management. It represents a linear collection of elements in which new elements can be added at one end,…

Continue ReadingWhat is a queue? What are the basic elements of queues? Explain the basic queuing process and its applications in industrial management.

Define Operations Research? Describe the main characteristics of Operations Research. Discuss the significance and scope of Operations Research in modern management.

Operations Research (OR) is a discipline that employs mathematical and analytical methods to optimize decision-making and problem-solving in complex organizational systems. It is also known as management science or decision…

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What is Job Analysis? Discuss with suitable examples the steps involved in planning recruitment function in an organization.

Job Analysis is a systematic process used by organizations to gather, document, and analyze information about the tasks, responsibilities, and requirements of a particular job. It is a crucial HR…

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Define the terms sales and sales management. Discuss briefly the sales strategy formulation process and its limitation if any.

**Sales:** Sales refer to the process of selling goods, services, or products to customers in exchange for money or other valuable considerations. It is a crucial aspect of any business,…

Continue ReadingDefine the terms sales and sales management. Discuss briefly the sales strategy formulation process and its limitation if any.

What is a sales organization? Discuss the need for a sales organization and the process involved in designing the sales organization.

A sales organization refers to the structured and systematic arrangement of individuals, teams, and resources within a company that is responsible for selling products or services to customers. The primary…

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What are the objectives of sales evaluation? Explain the need and purpose of sales evaluation and control systems in the context of sales force management

The objectives of sales evaluation are to assess the performance and effectiveness of a sales force and its individual members, identify areas of improvement, and make informed decisions to optimize…

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Read more about the article During the current year AB Ltd. Should a profit of Rs. 1,80,000 on a sale of Rs. 30,00,000. The various expenses were Rs. 21,00,000. You are required to calculate: 1. The break even sales at present. 2. The break even sales if variable cost increased by 5. 3. The break even sales to maintain the profit as at present, if the selling price is reduced by 6 per cent.

During the current year AB Ltd. Should a profit of Rs. 1,80,000 on a sale of Rs. 30,00,000. The various expenses were Rs. 21,00,000. You are required to calculate: 1. The break even sales at present. 2. The break even sales if variable cost increased by 5. 3. The break even sales to maintain the profit as at present, if the selling price is reduced by 6 per cent.

To calculate the break-even sales for AB Ltd. under different scenarios, we first need to determine the contribution margin. The contribution margin is the difference between sales revenue and variable…

Continue ReadingDuring the current year AB Ltd. Should a profit of Rs. 1,80,000 on a sale of Rs. 30,00,000. The various expenses were Rs. 21,00,000. You are required to calculate: 1. The break even sales at present. 2. The break even sales if variable cost increased by 5. 3. The break even sales to maintain the profit as at present, if the selling price is reduced by 6 per cent.