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What is meant by RSV in credit card business?
Retail Sales Volume
What is meant by NCL in credit card business?
Net Credit Loss
What is meant by the Business Environment?
Business Enviroment means that a person can put or have a business in a controlled environment and there will be not interuptions like ducks quacking or people smoking.
What is meant by NET-ENR in credit card business?
expected Net receivable
What is meant by the term stake holder in the business world?
In the business world, the term "stakeholder" refers to the person, group of people, or organization that has money tied to or interest in a business.
What is business major?
Specialisation
What are the dimensions of business structure?
According to Pugh and Hickson they are: - Specialisation - Standardisation - Formalisation - Centralisation - Configuration
What is meant by administrative system in business?
What is meant by administrative system in business? What is meant by administrative system in business?
Discuss any ten major points of computer applicability in your area of specialisation?
i specialised in business computers help in cord keeping
What are the advantages and disadvantages of specialisation?
More productive, efficient, produces more in less time. better quality products. encourage trade dis: work becomes repetitive, workers feel alienated from business, feel boring and has no incentive to work. specialisation makes labour less mobile and coutries dependent
What is international specialisation?
The foremost cause of inthernational trade is international specialisation,it means that different countries of the world specialize in the production of those goods in whose production they possess special resources.International specialisation is the result of division of labour.
3 Explain the difference between generalisation and specialisation by using example?
Generalisation : Generalisation is the extracting the shared characterstics from the two or more classes and combining them into generalised super class Specialisation: Specialisation is creating a subclass from the super class
What is meant by the term business administration program?
There are many things that are meant by the term business administration program. Typically, the term business administration program refers to performance or management business operations.
Why is it advantageous for the cells of an animal to exhibit divisions of labor?
It allows for a greater amount of specialisation of cell types. Specialisation is almost always an advantage.
What is a robotics engineer?
a specialisation study of robots
Disadvantages of specialisation?
products are all the same
Ornithologist specialisation area in science?
birds
