MPSC Prelims and Mains Notes, MPSC Test Series
admin Maharashtra is located in the north centre of Peninsular India. It links the north to the south and the plains of India to the southern peninsula. The state is bound on west by Arabian Sea, on north-west by Gujarat, on north by Madhya Pradesh, on southeast by Andhra Pradesh and on south by Karnataka and … Read more
Maharashtra is the third largest state (in area) in India after Rajasthan and Madhya Pradesh. It covers an area of 307,713 km2 and is bordered by the states of Madhya Pradesh to the north, Chhattisgarh to the east,Telangana to the southeast, Karnataka to the south and Goa to the southwest. The state of Gujarat lies to the northwest, with … Read more
Maharashtra has typical monsoon climate, with hot, rainy, and cold weather seasons. Tropical conditions prevail all over the state, and even the hill stations are not that cold. Dew, frost, hail can also be happened sometimes according to the seasonal weather. The state enjoys a tropical monsoon climate; the hot scorching summer from March … Read more
Decision making is an essential part of planning. Decision making and problem solving are used in all management functions, although usually they are considered a part of the planning phase. A discussion of the origins of management science leads into one on modeling, the five-step process of management science, and the process of engineering … Read more
Marketing Management is a social and managerial process by which individuals or firms obtain what they need or want through creating, offering, exchanging products of value with each others. CORE CONCEPTS OF MARKETING NEED/ WANT/ DEMAND: Need: It is state of deprivation of some basic satisfaction. Want: Desire for specific … Read more
Marketing involves a number of activities. To begin with, an organisation may decide on its target group of customers to be served. Once the target group is decided, the product is to be placed in the market by providing the appropriate product, price, distribution and promotional efforts. These are to be combined or mixed … Read more
Concept: Wealth maximization is the concept of increasing the value of a business in order to increase the value of the shares held by stockholders. The concept requires a company’s management team to continually search for the highest possible returns on funds invested in the business, while mitigating any associated … Read more
Sources of finance are the most explored area especially for the entrepreneurs about to start a new business. It is perhaps the toughest part of all the efforts. There are various sources of finance classified based on time period, ownership and control, and source of generation of finance. The process of selecting right … Read more
The financial requirement of a firm can be met through ownership capital and/or borrowed capital. The ownership capital refers to the amount of capital contributed by the owners. In case of a company, it refers to the amount of funds raised by issuing shares. The main characteristic of the ownership capital is that its … Read more
Performance appraisal is a vital tool to measure the frameworks set by any organization to its employees. It is utilized to track individual contribution and performance against organizational goals and to identify individual strengths and opportunities for future improvements and assessed whether organizational goals are achievedor serves as basis for the company’s future planning … Read more