What do you mean by the term SWOT analysis
What do you mean by the term SWOT analysis? Explain in brief?
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The SWOT analysis includes recognizing the business’s weaknesses and also strengths the opportunities given and threats posed by the world exterior the business. The weaknesses and strengths are internal factors which are attributes of the business itself, while opportunities and threats are the factors predicted to be present in the atmosphere in which the business functions.
Write down a short note on the major tasks of board that runs the organization?
Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed. Answer: In the lack of any p
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
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Give circumstances in which the fixed capital of partners might change. Answer: Two circumstances in which the fixed capital of Partners might change are as follows:
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
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Standard Costing: A costing technique which joins costs to cost objects based on reasonable approximations or cost studies and by the means of budgeted rates instead of according to actual costs incurred. The predictable cost of gener
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