π’ Get Ready, Bachoo! πΌβ¨
Aaj hai Business Studies ka Demo Lecture π
Uday ke saath shuruaat hogi ek nayi learning journey ki! π
π Donβt miss it β join in and feel the difference!
#UdayCommerce #BusinessStudies #DemoLecture #Class11 #CommerceStart
Aaj hai Business Studies ka Demo Lecture π
Uday ke saath shuruaat hogi ek nayi learning journey ki! π
π Donβt miss it β join in and feel the difference!
#UdayCommerce #BusinessStudies #DemoLecture #Class11 #CommerceStart
"In the world of commerce, every number tells a story β write yours with hard work, ambition, and unstoppable confidence!" πβ¨
β° Set Your Reminder Now!
π¨ FREE Demo Class Alert β Uday Batch π¨
π Subject: Business Studies
π Time: 5:45 PM
Donβt miss out β *Kickstart your learning journey with us today!* πͺπ
π¨ FREE Demo Class Alert β Uday Batch π¨
π Subject: Business Studies
π Time: 5:45 PM
Donβt miss out β *Kickstart your learning journey with us today!* πͺπ
β° Set Your Reminder Now!
π¨ FREE Demo Class Alert β Uday Batch π¨
π Subject: Applied Maths
π Time: 5:45 PM
Donβt miss out β *Kickstart your learning journey with us today!* πͺπ
π¨ FREE Demo Class Alert β Uday Batch π¨
π Subject: Applied Maths
π Time: 5:45 PM
Donβt miss out β *Kickstart your learning journey with us today!* πͺπ
π Opportunity Cost β Short Note
Opportunity Cost refers to the value of the next best alternative that is foregone when a decision is made to use resources in a particular way.
π‘ It arises due to scarcity of resources, which forces individuals, firms, and governments to make choices.
π§ Example:
If a student chooses to study Economics instead of going to a movie, the opportunity cost is the enjoyment they would have received from the movie.
β Key Points:
- It's not about the monetary cost, but about the benefit foregone.
- It's a fundamental concept in decision-making.
- It helps in efficient allocation of resources.
π *Opportunity Cost = What you give up to get something else.*
Opportunity Cost refers to the value of the next best alternative that is foregone when a decision is made to use resources in a particular way.
π‘ It arises due to scarcity of resources, which forces individuals, firms, and governments to make choices.
π§ Example:
If a student chooses to study Economics instead of going to a movie, the opportunity cost is the enjoyment they would have received from the movie.
β Key Points:
- It's not about the monetary cost, but about the benefit foregone.
- It's a fundamental concept in decision-making.
- It helps in efficient allocation of resources.
π *Opportunity Cost = What you give up to get something else.*
Q1. Closing stock appears in the trial balance. It will be:
Anonymous Quiz
23%
A. Shown on the debit side of Trading A/c only
30%
B. Shown on the asset side of Balance Sheet only
24%
C. Shown on the credit side of Trading A/c only
23%
D. Shown both in Trading A/c and Balance Sheet
Q2. Which principle of Fayol is violated if an employee gets orders from two different superiors?
Anonymous Quiz
67%
A. Unity of Command
18%
B. Unity of Direction
8%
C. Centralisation
7%
D. Scalar Chain
Q3. When the percentage change in quantity demanded is more than the percentage change in price, demand is:
Anonymous Quiz
29%
A. Inelastic
23%
B. Unitary Elastic
26%
C. Perfectly Elastic
22%
D. Relatively Elastic
Q4. Which of the following is not a step in the staffing process?
Anonymous Quiz
19%
A. Recruitment
65%
B. Planning
9%
C. Training
7%
D. Selection
CUET_Economics_200_Plus_ΰ€§ΰ€Ύΰ€ΰ€‘_MCQ's_Love_Sir_commerce_wallah_YT_compressed.pdf
13.6 MB
CUET Economics 200 Plus ΰ€§ΰ€Ύΰ€ΰ€‘ MCQ's by Love Sir
π Short Note Topic: "Meaning and Types of Business Activities"
βοΈ Sample Short Note:
Business activities refer to all the economic activities performed for earning profits by producing or buying and selling goods and services. These are classified into:
1. Industry β Activities concerned with the production of goods (e.g., manufacturing, mining).
2. Commerce β Includes trade and aids to trade (e.g., transportation, banking, insurance).
3. Trade β Buying and selling of goods and services.
4. Aids to Trade β Services like warehousing, transport, communication that support trade.
π *Understanding this topic lays the foundation for the study of commerce.*
βοΈ Sample Short Note:
Business activities refer to all the economic activities performed for earning profits by producing or buying and selling goods and services. These are classified into:
1. Industry β Activities concerned with the production of goods (e.g., manufacturing, mining).
2. Commerce β Includes trade and aids to trade (e.g., transportation, banking, insurance).
3. Trade β Buying and selling of goods and services.
4. Aids to Trade β Services like warehousing, transport, communication that support trade.
π *Understanding this topic lays the foundation for the study of commerce.*
"Commerce is not just about numbers β itβs about vision, decisions, and building futures. Dream big, calculate your moves, and keep hustling!" ππΌπ