Measurement of Elasticities || Theory of Consumers Behavior || Bcis Notes
Measurement of Elasticities Elasticity is a measure of a variable’s sensitivity to a change in another variable. In business and economics, elasticity refers to the […]
Group Decision Making || Managerial Decision Making || Bcis Notes
Group decision making Group decision making is the process of taking decisions collectively by a group of members. In any organization today, an important decision […]
Condition Of Decision Making || Managerial Decision Making || Bcis Notes
Condition of decision making There are different condition in which decisions are made. Managers sometimes have an almost perfect understanding of conditions surrounding a decision, […]
Tools to Aid Strategic Planning || Planning and Decision Making || Bcis notes
Tools to Aid Strategic Planning Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure […]
Concept of Strategic Planning || Planning and Decision Making || Bcis Notes
Concept of Strategic Planning The concept of Strategic planning is one specific type of planning. Strategic Planning is a tool for organizing the present on […]
Consumer Equilibrium || Theory of Consumer Behavior || Bcis Notes
Consumer Equilibrium A consumer is said to behave reached his equilibrium position when he has maximized the level of his satisfaction, given his resources and […]
Law of Supply || Theory of Consumers Behavior || Bcis Notes
Law of Supply Law of supply states that other factors remaining constant, price and quantity supplied of a good are directly related to each other. […]
The Planning Function || Planning and Decision Making || Bcis Notes
The Planning Function The Planning Function is the basic function that involves anticipation of the future course of events and deciding the best course of […]
Types Of Decision || Managerial Decision Making || Bcis Notes
Types Of Decision Managers need to take different decisions on the basis of time and requirements. The managerial decision may be divided into different types […]
Introduction to Sensation || Sensation and Perception || Bcis Notes
Introduction to Sensation Sensation refers to the activation of receptors. Receptors are the basic structure of sensation. It is the process through which we detect […]
Factor Causing the shift in Demand ||Theory Consumer Behavior || Bcis Notes
Factor Causing the shift in Demand Factor Causing the shift in demand is given in the table below:- Description Rightward shift in Demand Curve Leftward […]
Exceptions to Law of Demand ||Theory of Consumer Behavior || Bcis Notes
Exceptions to Law of Demand Exceptions to Law of Demand are described below: 1. Giffen Goods: Giffen goods are the inferior goods whose demand increases […]
Law of Demand || Theory of Consumer Behavior || Bcis Notes
Law of Demand Law of demand states that other things beings equal, demand for a commodity varies inversely with the price of the same commodity. […]
Digital Block Diagram And Computer Software || Introduction To Computer systems || Bcis Notes
Digital Block Diagram And Computer Software Digital Block Diagram And Computer Software are described below: Block diagram of the digital system Input They gather data […]
Decision Making Process || Managerial Decision Making || Bcis Note
Decision Making Process Decision making is a continuous and dynamic process. It involves a series of steps. Managers have to follow those steps while taking […]
Spinal Cord || Biological Bases of Behvaior || Bcis Notes
Spinal Cord: Spinal Cord is a rope-like segment about the thickness of a pencil that connects nerves tissues extending down the back. It is a […]
Functions of Organizational Goals || Planning and Decision Making || Bcis Notes
Functions of Organizational Goals The functions of small business work in harmony to help the business achieve both short- and long-term goals. Some common business […]
Decision Making || Managerial Decission Making || Bcis Notes
Decision Making Decision making is the process of selecting the best course of action out of many available alternatives. In, other words It is the […]
Purposes of Organizational Goals || Planning and Decision Making || Bcis Notes
Purposes of Organizational Goals Purposes of organizational goals are to provide direction to employees of the organization. Strategic goals are set by and for top […]
Organizational Goal || Planning and Decision Making || Bcis Notes
Organizational Goals An organizational goal is the end-point toward which activities are aimed. It is the target or end that managers want to reach. Organizational […]
Nervous system || Biological Bases of Behavior || Bcis Notes
Nervous system: The nervous system is a highly complex part of an animal that coordinates its actions and sensory information by transmitting signals to and […]
Cardinal Utility Analysis || Theory of Consumer Behaviour || Bcis Notes
Cardinal Utility Analysis Cardinal utility analysis is the oldest theory of demand which provides an explanation of consumers demand a product and derives the law […]