# Tag - concept

## How to Solve Linear Sitting Arrangement? Concept & Tips

Dear Readers, We are providing you Important Concept & Short Tricks on Sitting Arrangement Based on Linear Questions in Reasoning which are usually asked in Bank Exams. Use these below given short cuts to solve questions within minimum time. These shortcuts & Concept will be very [...]

## How to Solve Inequality Question? Concept & Tips

Dear Readers, We are providing you Important Concept & Short Tricks on Inequality Questions in Reasoning which are usually asked in Bank Exams. Use these below given short cuts to solve questions within minimum time. These shortcuts & Concept will be very helpful for your upcoming All [...]

## [Aptitude] Probability Made Easy (Extension of Permutation Combination Concept!)

Introduction Case1 : Probability of Particular Actor getting selected Case 2: Probability of One lady getting selected Case 3: One man and one woman (“AND” case) Case 4: “Atleast” one man is selected (“OR” case) Alternative method: 1 Minus Case 5: Probability of [...]

## [Economy] Infrastructure Debt Funds (IDF), Withholding Tax, EPFO Angle: Meaning, Concept, Explained

What is Infrastructure? Why is Infrastructure important? What is the problem with Infrastructure? What is problem with Banks? Mechanism of Infrastructure Debt Fund Attracting investors What is withholding Tax? First IDF Why EPFO interested in Infra-Debt Funds? What is Infrastructure? Things that are essential for [...]

## [Aptitude] Alligation: Advanced applications in Interest rates, Profit-loss, Average Wages (Wine-Water Concept)

Case: Loan taken from two banks Case: Profit on Single commodity Case: No. of Employees based on Avg Salary Case: Profit on Two commodities Summary Mock Questions Consider these four questions Dr.Haathi has taken some loan from State bank of India at 8% interest [...]

## [Aptitude] LCM, HCF, GCD: Basic concept, calculation, applications explained

Introduction What is Prime number? What is LCM? LCM4 EXam How to find LCM using Prime-Factorization? LCM of two numbers (56, 96) LCM of three numbers: (12,15,20) LCM of prime numbers LCM of co-prime numbers What is HCF or GCD? HCF finding: Prime [...]

## Explain the concept of theory of production functions. Or Discuss the factors and the theory of production function.

Ans. In the traditional economic theory, four factors of production are recognized - (i) Land (ii)_ Labour (iii) Capital (iv) Organization or management. Technology also contributes to output growth and it is now regarded as an additional determinant of output. Hence, the outpi.lt of an industry is a [...]

## Discuss the concept of decision-making, its characteristics and The various types of decisions in an industry. Or What is decision-making ? Discuss the nature of decision-making. Or Define decision-making. What are the various types of a decision ? Also Give the characteristics of a decision.

Ans. Decision-making is a process to arrive at a decision; the process by which an individual or organization chooses one position or action from many alternatives. According to shall eta!, "Decision making is a conscious human process involving both individual and special phenomenon based [...]

## Discuss the concept of decision-making.

Ans. Decision-making is a process to arrive at a decision; the process by which an individual or organization chooses one position or action from many alternatives. According to shall eta!, "Decision making is a conscious human process involving both individual and special phenomenon based [...]

## Explain the concept of management. Discuss in brief the significance of management.

Ans. The concepts of management can be explained through following points (i) An Art of Getting Things Done- Management gets things done through  Others by performing managerial functions and also satisfying their needs. (ii) As a Process- Managing involves a series of interrelated functions Of  planning, [...]

## Discuss the concept of organization structure.

Ans. The organization structure is a skeleton or a framework which divides the total activities into related groups, develops superior and subordinate relationship among the persons by prescribing the authorities. Hence, it shows the hierarchy (persons arranged according to rank), authority structure and reporting [...]

## Explain the concept of classical organization theory.

Ans. The. classical theory has its origin in the writings of Taylor. But, the   main ideas of this theory have been given by Mooney, Brech, Allan and urwick The classical writers have viewed organization as a machine and persons as different components of that [...]