Today's topic is about mnemonic of class 12th business studies of chapter 1(Management of Business Environment) of unit 3.
Management and Business Environment
U - Uncertianty
S - Specific and general forces
T - Totality of external forces
R - Relativity
Improve - Improvement in performance
Wi - Warning signal
Fi - First mover advantage
Company - Coping with rapid changes
E - Economic
T - Technological
S - Social
Play - Political
Nayi - New trade policy
F - Fiscal reforms
M - Monetary reforms
C - Capital market reforms
D - Dismantling price control
Management and Business Environment
- Features of Business environment(DUSTR may be called DUSTER)
U - Uncertianty
S - Specific and general forces
T - Totality of external forces
R - Relativity
- Importance of Business Environment(Tappu improve your wifi company)
Improve - Improvement in performance
Wi - Warning signal
Fi - First mover advantage
Company - Coping with rapid changes
- Dimensions of Business Environment(LETS Play)
E - Economic
T - Technological
S - Social
Play - Political
- Major steps of economic reforms(Nayi nayi FM CD)
Nayi - New trade policy
F - Fiscal reforms
M - Monetary reforms
C - Capital market reforms
D - Dismantling price control
everything is outdated
ReplyDeleteVery helpful.. thanks! Mnemonics for dimensions of business environment can be 'SLEPT'.
ReplyDeletefor features of business environment : ITS CURD
ReplyDeleteI : Inter-relatedness
T : Totality of external forces
S : Specific and general forces
C : Complexity
U : Uncertainty
R : Relativity
D : Dynamic
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ReplyDelete