Management Notes

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 … [Read more...] about Public Distribution System: PDS Reforms, Objectives, Features

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 … [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 … [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 … [Read more...] about Standard Costing and Variance Analysis