Business Administration

Compare and contrast the Maslow and Herzberg theories of motivation. On what grounds has the Herzberg theory been criticized?

How is staffing function related to other managerial functions and activities? List and evaluate external factors affecting staffing.

"Marketing is a total system of business activities designed to plan, price, promote and distribute want – satisfying products and services to present and potential customers". Comment on this statement comprehensively.

Explain the following terms:

What is meant by the term "The Time Value of Money"? How is the concept of "Present value" related to the time value of money?

Write only "True" or "False" in the answer book. Don't reproduce the statements. Business risk is influenced by the firm's decision to use debt in its financial structure. The most important function of management is controlling. A short term creditor would consider liquidity ratios to be more important than efficiency ratios. According to Maslow, when a need is satisfied, it tends to lose its ability to motivate. The term marketing mix refers to the degree of advertising Vs personal selling used to market a product. The difference between an agent and a merchant wholesaler is that an agent always takes title but a merchant wholesaler does not. The management of working capital is required because of a lack of short-term synchronization between demand and supply. A manager who believes that people inherently dislike work probably accepts McGregor's Theory X. Inventory carrying costs can be minimized by carrying fewer units in inventory. A balance sheet is an accounting report used solely for the corporate form of business.