21.12.17 (MPPCS) Madhya Pradesh Current Affairs

MADHYA PRADESH   Fixed electricity bill for poor soon: cm   Chief Minister Shivraj Singh Chouhan performed bhoomi poojan and dedicated 118 development works costing Rs 144 crore during Vikas Yatra cum Antodaya Mela held at Kolaras area of district Shivpuri. Chouhan also presented financial assistance of Rs 56.32 crore to 47,852 beneficiaries of various … Read more

WEALTH MAXIMIZATION

      Concept:     Wealth maximization is the concept of increasing the value of a business in order to increase the value of the shares held by stockholders. The concept requires a company’s management team to continually search for the highest possible returns on funds invested in the business, while mitigating any associated … Read more

Decision-Making: concept, process and techniques

  Decision making is an essential part of planning. Decision making and problem solving are used in all management functions, although usually they are considered a part of the planning phase. A discussion of the origins of management science leads into one on modeling, the five-step process of management science, and the process of engineering … Read more

SOURCE OF FINANCE

  Sources of finance are the most explored area especially for the entrepreneurs about to start a new business. It is perhaps the toughest part of all the efforts. There are various sources of finance classified based on time period, ownership and control, and source of generation of finance.   The process of selecting right … Read more

Ethics and Values in Public Administration

Ethics is the branch of philosophy that deals with issues of right and wrong in human affairs Ethics refers to well-based standards of right and wrong that prescribe what humans ought to do, usually in terms of duties, principles, specifc virtues, or benefts to society. which can better be stated as:- Duties: Te behaviors expected … Read more

Economic reforms in india

Economic reforms in india New Industrial Policy Under Industrial Policy, keeping in view the priorities of the country and its economic development, the roles of the public and private sectors are clearly decided. Under the New Industrial Policy, the industries have been freed to a large extent from the licenses and other controls. In order … Read more