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Essential Characteristics of Research

7 Comments / Research Methodology, Study Materials /

Research is a procedure that includes a sequence of steps needed to gather and examine the information to boost and amplify the understanding and consideration of a particular topic or issue. It involves a major four steps as posing a question, setting hypothesis, collecting data to analyze the posed issue, and presenting answers to the posed question. It is s method of searching for facts in any branch of knowledge.

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Scope, Role, and Functions of Financial Management

2 Comments / Financial Management, Study Materials /

Financial management functions are mainly viewed from two approaches as traditional function or role and the new role or functions. Raise of funds is taken as a traditional role or function whereas raise and allocation of funds are taken as a new role of financial management or finance managers. The first approach confines the functions of financial management is the procurement of funds only and ignores the utilization of funds whereas, the second approach not only focuses on the procurement of funds but effective utilization of funds as well.

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Functions of Profit in Managerial Economics

Leave a Comment / Managerial Economics, Study Materials /

The business organization produces goods not for the charity rather for generating profits. In a dynamic and free-market economy, profit is only the major stimulating factor for new innovation and new products. The rate of profit in the economy gives a signal to producers to change their rate of output or to leave or to join the industry.

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Role of Managerial Economics in the Business Decision-Making Process

Leave a Comment / Managerial Economics, Study Materials /

Managerial economics combines economic theories with decision science tools and as it is metrical and analytical it assists the managers to solve the complexity existed in the business. Managerial economics through its skills and techniques always ensure the solution to business decision-making problems that may be faced by every type of business organization. Managerial economics plays a key role in the business decision-making process.

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Relationship between Managerial and Traditional Economics

Leave a Comment / Managerial Economics, Study Materials /

Managerial economics is developed from micro economic theories by taking those concepts and techniques that help managers to select strategic decisions/direction, efficiently allocate the available resources, and to respond effectively to strategic issues. Therefore, it is an application of economic theory into business practice/management.

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An Introduction to Nepal at a Glance

Leave a Comment / About Nepal, Articles /

Nepal formally is the Federal Democratic Republic of Nepal. It is a small mountainous country in South Asia. China lies to the north of Nepal and India lies in the east, west, and south of Nepal. It lies between latitudes 26022’ to 300 27’ north and longitudes 8004’ 880 12’ and east. The average east-west length is 885 kilometre and north-south width is 144 to 241 kilometres.

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Meaning and Importance of Financial Management

2 Comments / Financial Management, Study Materials /

Financial management is concerned with the procurement of funds from various sources and making the effective allocation of financial resources into productive use. It is a decision-making process relating to investment financing, asset management, dividends and so on. Finance, therefore, occupies a prime place at every stage of operation of a business like production, marketing, distribution of returns, and so on.

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