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Management Management Accounting Difficulty: Medium

Second step in decision making process is

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Which of the following are the rules and regulations laid down by the organisation to help in the day-to-day working of the organisation? Given What will be at 'A' point? When an essential information for calculation of income statement is missing, then costs that can be considered for this purpose is called Match the following. List-I (Concepts of Labour) List-II (Relevant Themes) a. Commodity concept of labour 1. Labour regarded by the employer largely as operating organisations in industry b. Machinery concept of labour 2. Labour has right to be consulted in regard to the terms and conditions under which they are supposed to work c. Goodwill concept of labour 3. Labour is affected by the law of supply and demand d. Citizenship concept of labour 4. Paternalistic approach towards labour by the employers Marketing is the management function which organises and directs all those activities involved in assessing and converting customer purchasing power into effective demand for specific product or service and in moving the product or service to the final consumer or use so as to active the . . . . . . . . or other objective set by a company.