Taking reference to manufacturing businesses in your native town, explain the socio-economic dimensions and their effect on the business environment.

The socio-economic dimensions and their effect on the business environment.

The socio-economic dimensions significantly influence the manufacturing businesses operating. The economic dimensions encompass various factors, including consumer behavior, cultural values, and economic conditions, all of which shape the business environment. The socio-economic dimensions affect the business environment in the following ways: 1. Attitude The attitudes of the local population towards manufacturing can significantly influence the … Read more

BUSINESS AND SOCIETY RELATIONSHIP QUESTIONS WITH ANSWER

BUSINESS AND SOCIETY RELATIONSHIP QUESTIONS WITH ANSWER

BUSINESS AND SOCIETY RELATIONSHIP QUESTIONS WITH ANSWER VERY SHORT ANSWER QUESTIONS [2 MARKS] 1.2023 Fall Q. No. 1/2021 Fall Q. No. 1:list the main advantages of women at work. Answer: The main advantages of women at work 2. 2021 Fall Q. No. 11: What are the external factors influencing the business and society relationship? Answer: … Read more

What is Environmental Analysis? How does this information help in strategy formulation for businesses?

What is Environmental Analysis? How does this information help in strategy formulation for businesses?

Environmental analysis is the process of monitoring the environment to determine the opportunities for and threats to the firm. The main objective of external environment analysis is to assess the likely present and future opportunities and threats arising. It encompasses various components, including political, economic, social, technological, legal, and environmental factors (often referred to as … Read more

LAWS RELATING TO INFORMATION BOARD QUESTIONS WITH ANSWER

LAWS RELATING TO INFORMATION BOARD QUESTIONS WITH ANSWER

LAWS RELATING TO INFORMATION Theoretical Questions Brief Answer Questions – 2 Marks [2023 Spring Q. No. 10] Discuss the features of TRIP’s agreement. Answer: Characteristics of the TRIPs Agreement:The TRIPs Agreement harmonizes intellectual property legislation among member nations, providing worldwide safeguards for patents, copyrights, trademarks, and trade secrets. Its objectives include promoting innovation, ensuring equitable … Read more

AGENCY AND BUSINESS ORGANIZATION BOARD QUESTIONS WITH ANSWER

AGENCY AND BUSINESS ORGANIZATION BOARD QUESTIONS WITH ANSWER

AGENCY AND BUSINESS ORGANIZATION BOARD QUESTIONS WITH ANSWER BRIEF ANSWER QUESTIONS [2 MARKS] 1.2023 Fall Q. No. 3 Who is a liquidator? Answer: A liquidator is a person appointed to close a company. They sell the company’s assets, pay off its debts, and distribute any remaining money to shareholders. 2. 2023 Fall Q. No. 4 … Read more

LEGAL AND REGULARITY COMPLIANCE BOARD QUESTIONS WITH ANSWER

LEGAL AND REGULARITY COMPLIANCE BOARD QUESTIONS WITH ANSWER

LEGAL AND REGULARITY COMPLIANCE Theoretical Questions Brief Answer Questions [2023 Fall Q. No. 7] | [2019 Spring Q. No. 10] Write any two duties of consumer protection council of Nepal. Answer: The following are two responsibilities of the Consumer Protection Council of Nepal:i. The council is tasked with preventing hazardous or unethical business practices, including … Read more

Define patent rights. Discuss the procedures for obtaining patent rights in Nepal as mentioned in the Patent, Design, and Trademark Act 2022.

Patent and procedures for obtaining patent in Nepal

A patent is a special right granted by the government for the creation of an invention. It is a type of intellectual property right that allows the holder of the right to use, sell, or distribute an invention for economic objectives. A patent right gives protection to inventions, designs, and new plant varieties. According to … Read more

Under which circumstances can business plans fail?

circumstances for failure of business plan

A business plan is considered the roadmap of organizational activities. But, if any deficiency is found in the business plan or inefficiency is shown in implementation, there is the possibility of failure of a business plan. The following are the common reasons for failing a business plan in the course of implementation: 1. Lack of … Read more

NEPALESE CONTRACT LAW COMPREHENSIVE QUESTIONS WITH ANSWER

NEPALESE CONTRACT LAW COMPREHENSIVE QUESTIONS WITH ANSWER

NEPALESE CONTRACT LAW COMPREHENSIVE QUESTIONS COMPREHENSIVE ANSWER QUESTIONS – [20 MARKS] 1. [2021 Fall Q. No. 18] Read the case situation given below and answer the questions that follow: [20 Marks]Mr. Dilip, a supplier of rice cooker, contracts with Mr. Sachin to deliver a rice cooker for Rs. 5,000 on January 1, 2020. Mr. Dilip … Read more

Explain the creative process with suitable examples

The creative process with examples

The creative process is a series of steps that individuals or teams go through to generate new ideas, solve problems, or create something innovative. However, communication barriers, such as “killer phrases” or “idea stoppers,” can hinder creativity by discouraging new thoughts and ideas. The Creative Process The creative process generally consists of four commonly accepted … Read more