Public Distribution System What is Public Distribution System? A Public Distribution System (PDS) is a form that is sponsored by a government of India. It comprises a string of shops eligible to distribute basic food and non-food commodities to those people coming under the poverty line at very low prices. The central and state governments are deemed to regulate the Public … [Read more...] about Public Distribution System: PDS Reforms, Objectives, Features
Our management notes section provides detailed insights into processes, policies and analysis of management terms. Students can understand the meaning, methods, purpose, advantages, objectives and features of various study systems. Management aspiring candidates can benefit from our long description resources to thoroughly evaluate a concept.
A jJob evaluation is a process in which one can analyze the value of a job in relation to other jobs in an organization. It is a systematic way where one can able to access the relative value of a job by comparing it with other jobs in an organization. In it, the evaluation can be done with the job market outside. It is a worthwhile task as it helps to compare jobs to access … [Read more...] about Job Evaluation – Meaning, Methods, Process, Purpose, Advantages
India as an independent union in 1947 had faced many socio-economic setbacks including poverty, hunger, insanitary conditions, etc. Of these, industrial backwardness was one of the main issues that was poised before our young dominion. But a sincere string of efforts have been made by the government and private organisations to develop this sector. Indian policies for … [Read more...] about New Industrial Policy of the Government of India
In this competitive era, the foremost goal of the organizations to minimise the cost of production as much as it can as the resources are limited in business and manufacturing organisation's. Cost accounting equips with abundant vital tools to accomplish these goals, one of them is known as standard costing. What is Standard Costing? Being a vital branch of cost accounting, … [Read more...] about Standard Costing and Variance Analysis