APSC Prelims and Mains Notes, APSC Test Series
BEHAVIOUR INTELLIGENCE (Cognitive; Emotional; Social; Cultural; Multiple) Cognitive Intelligence Cognition: Mentally processing information (images, concepts, etc.); thinking Intelligence: It is the ability to process data into more efficient systems by acquiring learned substantive mental methods which develops into cognitive ability. Cognitive intelligence is the ability … Read more
PARTNERSHIP Partnership : Partnership is an association of two or more parties, they put money for business. Simple Partnership: Simple partnership is one in which the capitals of the partners are invested for the same time. The profit or losses are divided among the partners in the ratio … Read more
AUDITING Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step. Meaning of Auditing: Auditing is an examination … Read more
Decision making under uncertainty The area of choice under uncertainty represents the heart of decision theory. Known from the 17th century (Blaise Pascal invoked it in his famous wager, which is contained in his Pensées, published in 1670), the idea of expected value is that, when faced with a number of actions, each of which could give rise … Read more
FUNCTIONS OF MANAGEMENT : COORDINATION AND CONTROL COORDINATION “The Harmonization of activities of different work groups and departments.” Coordination is the orderly arrangement of individual and group efforts to provide unity of action in the pursuit of a common goal. All these departments must function in an integrated manner … Read more
MARKETING MANAGEMENT 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. … Read more
FUNCTIONS OF MANAGEMENT – DECISION MAKING Concept and meaning Decision making is the process of identifying and selecting a course of action to solve a specific problem. Decision making involves the selection of a course of action from among two or more possible alternatives in order to arrive at a … Read more
BEHAVIOR : LEARNING AND MOTIVATION Classification and types of motives, Theories of work motivation, Assessment of motivation A need or motive directs us to act or behave in a particular way towards a certain goal or in other terms “It indicates the inner state of mind that energizes, activates … Read more
RESPONSIBILITY ACCOUNTING Responsibility accounting is a management control system based on the principles of delegating and locating responsibility. The authority is delegated on responsibility centre and accounting for the responsibility centre. Responsibility accounting is a system under which managers are given decisions making authority and responsibility for each activity occurring within a … Read more
FUNCTIONS OF MANAGEMENT PLANNING Planning is a process of determination of organization’s objectives and selecting the courses of actions. i.e. Plans for attaining them. Planning is the primary or basic management function. Planning Process Types/Dimensions … Read more