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  1. Decision-making is a process of selection from a set of alternative courses of action which is thought to fulfil the objectives of the decision problem more satisfactorily than others. It is "a course of action which is consciously chosen for achieving the desired result." A decision is something thRead more

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  2. Techniques of Decision Making Routine and Strategic Decisions: Tactical or routine decisions are made repetitively following certain established rules, procedures and policies. They neither require the collection of new data nor conferring with people. Thus, they can be taken without much deliberatiRead more

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  3. Perception or identification of decision problem: The decision making process begins with the uncovering of or discovering a problem situation which is basically either an unsatisfactory or a promising situation calling for a conscious intervention, In the course of his job, a manager confronts seveRead more

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  4. Entrepreneurship in itself is a creative process of innovating new products, fulfilling customer expectations and filling gaps. When these entrepreneurs take up social challenges and proceed to resolve social issues through their innovative ideas, they are addressed as social entrepreneurs. Social eRead more

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  5. According to G. Tremblay's Blog "Cultural entrepreneurs are cultural change agents and resourceful visionaries who organize cultural, financial, social and human capital, to generate, revenue from a cultural activity. Their innovative solutions result in economically sustainable cultural enterprisesRead more

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  6. There are many functions of entrepreneurship: Entrepreneurial capabilities Market Conditions Access to finance Technological development culture Condition of Nation Market size.

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  7. A parent company is a company that has control in another company. parent company buy the shares in holding company.  Basically parent company is the decision-maker in holding company. parent company control accounts of holding company in international financial management

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  8. disadvantages of societal marketing concept focus on a long-term relationship not a short term with customers. it has more certainty to lose money. Doesn't suit modern era marketing. It takes time to build goodwill for the company. fewer chances of Increases sale.

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  9. Elements of Directing Supervision: Supervision is one of the important elements of directing. it helps the organisation to the goals. Communication: Communication involves ideas and information in order to create mutual understanding. it helps to create mutual understanding among the employees. LeadRead more

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  10. 4 functions of marketing Product Delivery, Delivery of products on time is very important to establish the company goodwill Price,  Pricing of the product matters in order to achieve company goals. because it attracts customers. Promotion, Marketing of the products is very important because if custoRead more

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