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Question
Give one word/phrase/term.
A boundary less worlds where there would be flow of goods, services, information, capital and people across nation.
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Solution
Globalization.
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Beni, after completing her MBA, took up a job with a multinational company named 'Fortio'. The company was paying good salary and perks to its employees. The wages were within the paying capacity of the company the provided the employees a reasonable standard of living. The company also had a good work-culture and the behaviour of superiors was very good towards their subordinates. Beni was very happy in this organisation, but due to long working hours, she did not have time to cook her meal. She had to depend upon outside food, which was deteriorating her health. She observed that this problem was faced by many of her colleagues, not only in her company but also in many other companies. This was because of increase in the number of working women and non-availability of hygienic home-cooked food. She identified this as a great opportunity and decided to give up her job to supply packaged home-cooked food to office goers at a reasonable price. At the end of the day, she was also distributing the left-over food in the nearby night-shelters
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b. State the principle of management being followed by 'Fortio'.
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Select the correct option and rewrite the sentence.
The new Industrial policy was formulated in __________.
Select the correct option and rewrite the sentence.
Globalization is concerned with __________ market.
Give one word/phrase/term.
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Give one word/phrase/term.
The process of transferring ownership of business enterprise, agency or public service from the public service to private sector.
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Literacy is the important part of ______ Environment.
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Globalisation
Study the following case/situation and express your opinion.
Anchor company manufacturing light tubes increased expenditure on Scientific Research and Development and discovered a technology that made it possible to produce an energy-efficient light tube that lasts at least twenty times as long as a standard tube. It resulted in the growth and profitability of the company.
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