Nature of Capital Investment Any project involves a huge amount investment. Capital expenditure decisions important and difficult decisions of any firm their following features: Enterpreneurship Development (i) Future based- Capital expenditure decisions have long-term...
Enrepreneurial Development A Brief Historical Sketch The historical aspect of evolution of entrepreneurship is also interesting. It is worth noting that even the development of theory of entrepreneurship parallels to a great extent the...
Intrapreneurship Employees of an organisation who have entrepreneurial talent and are motivated to use their abilities and initiative and do something on their own, but who may notwant to start their own business are...
Motivation Motivation is an indispensable function of management. When man is at work, he cannot be forced to work like a machine. He is a human being who has his dignity, self-respect, values, sentiments...
Searching for prospective business ideas Promotional activities commence with the search for prospective business ideas or opportunities. The promoter is required to employ his imagination and foresight in preparing list of business ideas. Business...
Importance of Entrepreneurship Entrepreneurship being an intangible factor is the moving force and development is the consequence. It has an important role in the context of a developing nation like India which is confronted...
What is value? In dealing with the technique of Value Analysis, it is important to understand the meaning of the term ‘value’ as used in this context. Value must not be confused with cost...
Materials Handling Many types of materials, viz., raw materials, purchased components, materials-in-process (i.e. semi-finished goods), finished goods, packaging materials, maintenance and repair supplies, scrap and waste and rejects or rework are used and handled...
Transportation of materials from sources located in different parts of the country to the user’s plant is of critical importance in the field of materials management. It can be safely said that the cost...
Rail Transport Indian railway network is Asia’s largest and world’s fourth largest system. It has a tradition of competence builtover the last 125 years There has been a continuous modernising of the track, locomotives,...