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Kanal geosi va tili
Hindiston, Hindcha
Statistika
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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Price Determination in Different Markets *'✧

Business Economics By Love Sir 𓆩♡𓆪

Previous Year Questions

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Answer of the Day :

Income refers to the total earnings that a company generates from its operations and other activities over a specific period, including revenue and any other income sources. It is typically reported on the income statement as the net profit after expenses have been deducted.

Revenue, on the other hand, is the total amount of money received by the company for goods sold or services provided, before any expenses are deducted.

Example:

- A company sells products worth ₹1,00,000 in a month (this is its revenue).
- It incurs costs like production, salaries, and other operational expenses totaling ₹70,000.
- Therefore, the income (or profit) would be ₹1,00,000 (revenue) - ₹70,000 (expenses) = ₹30,000 (income).

This distinction is crucial in understanding financial statements and evaluating a company's performance.

Feel free to use this question and answer in your preparations!

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Short Note on Applications in Business 📈

1. Pricing Decisions 💵
Helps businesses determine the right price to attract customers while maximizing profits by analyzing demand elasticity and competition.

2. Product Development 🛠️

Guides decisions on features and design by understanding consumer preferences and market gaps, leading to products that meet demand.

3. Cost Control 📊

Assists in identifying areas for cost reduction through techniques like cost-benefit analysis, ensuring efficient resource utilization.

4. Financial Planning 💰

Supports businesses in budgeting and forecasting, helping in managing finances effectively and preparing for future expenses.

5. Marketing Strategies 📢

Provides insights on consumer behavior and helps in crafting targeted marketing campaigns, optimizing customer engagement and sales.

These applications enable companies to make data-driven, strategic decisions, crucial for growth and competitiveness.

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Our guru Nitin sir went to attend the CICASA Conference - ATULYAM 2024 , as a Guest Speaker at ICAI JODHPUR 🔥🔥


Word of the Day: Variance 📊🔍

Definition
📝: The difference between budgeted or expected figures and actual results.

Usage 📈: Commonly used in performance analysis to identify discrepancies.

Purpose 🎯: Helps in understanding where expectations differ from reality and guides decision-making.

Key in Planning 🗂️: Variance analysis is crucial for budgeting, forecasting, and improving financial accuracy.

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Sequence & Series - 3 *'✧

Quantitative Aptitude By Aashish Sir 𓆩♡𓆪

Chapterwise Concept & Practice Sessions


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✅Free Agastya Batch For Jan 2025
📌https://physicswallah.onelink.me/ZAZB/6iydslb5


﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* International Trade MQCs *'✧

Business Economics By Jasmeet Sir 𓆩♡𓆪

MCQ's

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The probability of the occurrence of a number greater than 2 in a throw of a die if it is known that only even numbers can occur is
So‘rovnoma
  •   1/3
  •   1/2
  •   2/3
  •   None
801 ta ovoz


A player has 7 cards in hand of which 5 are red and of these five 2 are kings. A card is drawn at random. The probability that it is a king, being known that it is red is
So‘rovnoma
  •   2/5
  •   3/5
  •   4/5
  •   None
823 ta ovoz


Which of the following best describes a merit good?
So‘rovnoma
  •   A good that is under-consumed if left to the market
  •   A good that is over-consumed if left to the market
  •   A good that is rivalrous and excludable
  •   A good that is produced by the private sector
1067 ta ovoz


A family has 2 children. The probability that both of them are boys if it is known that one of them is a boy
So‘rovnoma
  •   1
  •   1/2
  •   3/4
  •   None
1313 ta ovoz

5k 0 9 21 16

What has been the trend regarding the size and scope of government in market economies over the past few decades?
So‘rovnoma
  •   It has remained the same.
  •   It has decreased significantly.
  •   It has grown much larger.
  •   It has fluctuated without a clear trend.
1019 ta ovoz


Real_Test_Business_Laws_CA_Foundation_Sampurna_Jan_2025_Karan_Sir.pdf
144.7Kb
📝 Real Test Business Laws Question Paper
📚

Subject - Business Laws

Perfect for your prep!

For More Notes & Free Content Visit Our Agastya Batch on PW App


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5.4k 0 110 6 12

"🌟 Dream Big, Work Hard, Stay Consistent! Your CA Foundation success is just one step away—believe in yourself and keep pushing forward. 💪📚"

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Sequence & Series - 2 *'✧

Quantitative Aptitude By Aashish Sir 𓆩♡𓆪

Chapterwise Concept & Practice Sessions


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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* How to Score 90+ Marks in Business Laws *'✧

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﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌﹌
✧'* Rectification Of Errors & BRS *'✧

Accounting By Nitin Sir 𓆩♡𓆪

Free Agastya Batch


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Ranjeet Kumar Agarwal at conference organised by the ICAI's Dubai 🔥🔥

5.6k 0 11 1 117
20 ta oxirgi post ko‘rsatilgan.