Question
Management is considered both as science and art,
because?Solution
It is called an art because managing requires certain skills which are personal possessions of managers. Science provides the knowledge & art deals with the application of knowledge and skills. A manager to be successful in his profession must acquire the knowledge of science & the art of applying it.
For which of the following goods, the manufacturer is not allowed to opt for composition scheme:
XYZ Ltd has the following financial data:
• Inventory Holding Period: 90 days
• Receivables Collection Period: 60 days
• Paya...
A type of market in which securities with less than one year maturity are traded, is classified as
Current investments are carried at:
In PSUs, the 'Two-Bid System' commonly used in purchase procedures refers to:
Parent Co. acquires 80% of Subsidiary Co. for ₹16,00,000 when Subsidiary’s net assets are ₹15,00,000. At acquisition, the fair value of minority i...
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Subodh and Rina go to a shop. Subodh says to the shopkeeper, "Naresh, let Rina have the goods and if she does not pay you, I will." This is a ________.
Which of the following statements correctly describe credit risk assessment and credit risk management?
Which of the following accounting convention states that‘Trivial transactions can be ignored’?
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