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Yogita Ingle 5 years, 7 months ago
The gallbladder is a pear-shaped, hollow structure located under the liver and on the right side of the abdomen. The liver secretes bile juice which is stored in a sac called the gallbladder. Bile juice helps in the digestion of fats.
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Yogita Ingle 5 years, 8 months ago
Characteristics of Business
(i) Economic Activity Business is considered to be an economic activity because it is
undertaken with as aim of earning money or livelihood.
(ii) Production or Procurement of Goods and Services Goods are offered to consumers after they are either produced or procured by business enterprises. Thus, every business enterprise either manufactures the goods it deals in or it acquires them from other producers, to be further sold to consumers or users.
Goods may be consumer goods like television, tea, pen, etc or capital goods like machinery, furniture, etc. Services may include facilities offered to consumers in the form of transportation, banking, electricity, etc.
(iii) Sale or Exchange of Goods and Services Business involves transfer or exchange of goods and services for value addition. If goods are produced for self consumption and not for selling purpose, it cannot be called a business activity. Cooking food at home for the family is not business, but cooking food and selling it to others in a restaurant is business. Thus, one essential characteristic of business is that there should be sale or exchange of goods or services between the seller and the buyer.
(iv) Regular Dealings in Goods and Services Business involves dealings in goods or services on a regular basis. Therefore, one single transaction of sale or purchase does not constitute business.
(v) Profit Earning The primary objective of business is to earn profit. For this businessmen make all possible efforts by increasing the volume of sales or reducing cost. It is an essential factor as growth and expansion would be possible only when a business is making profit.
(vi) Uncertainty of Return Business should not be considered as bed of roses. At every step
problems and obstacles hinder the path of success. One cannot expect the actual returns an investment as there is always a possibility of losses.
Posted by Priya Mallick 5 years, 8 months ago
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Yogita Ingle 5 years, 8 months ago
|
Weather |
Climate |
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It is the day to day condition of the atmosphere. |
It is the average weather conditions of a place that exist over a long period of time. |
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Weather of a place does not remain constant. |
Climate of a place remains constant over a long period of time. |
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Yogita Ingle 5 years, 8 months ago
| Meaning | Questionnaire refers to a technique of data collection which consist of a series of written questions along with alternative answers. | Schedule is a formalized set of questions, statements and spaces for answers, provided to the enumerators who ask questions to the respondents and note down the answers. |
| Filled by | Respondents | Enumerators |
| Response Rate | Low | High |
| Coverage | Large | Comparatively small |
| Cost | Economical | Expensive |
| Respondent's identity | Not known | Known |
| Success relies on | Quality of the questionnaire | Honesty and competence of the enumerator. |
| Usage | Only when the people are literate and cooperative. | Used on both literate and illiterate people. |
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