Industrial Law MCQs (With Answers) Which of the following Acts deals with the resolution of industrial disputes? A) Factories Act, 1948 B) Industrial Disputes Act, 1947 C) Minimum Wages Act, 1948 D) Payment of Bonus Act, 1965 Answer: B) Industrial Disputes Act, 1947 Under the Industrial Disputes Act, 1947, a strike is illegal if it
Human Resource Analytics – MCQs 1. What is the primary goal of Human Resource Analytics? A) To track employee attendance B) To analyze HR data and improve decision-making C) To manage payroll systems D) To hire new employees Answer: B) To analyze HR data and improve decision-making 2. Which of the following is NOT a
Audit and Due Diligence in the complex world of business, ensuring compliance, transparency, and efficiency is crucial for sustainable growth. Two key processes that play a pivotal role in achieving these goals are Audit and Due Diligence. This guide delves into the meaning, types, and significance of audits, with a special focus on corporate governance,
Corporate and economic Laws in the dynamic and evolving business environment of India, understanding corporate and economic laws is vital for entrepreneurs and business professionals. These laws not only regulate the conduct of businesses but also protect consumer interests, promote fair competition, and curb financial malpractices. This article delves into some of the key corporate
Setting up of Business Entities Starting a business involves several legal and regulatory requirements, including entity registration and obtaining necessary licenses. Proper registration ensures compliance with the law and provides legitimacy to the business. This guide explores the various registration processes and licenses required for setting up a business entity in India. Setting up of
Strategic Cost Management in an increasingly competitive business landscape, effective cost management plays a crucial role in sustaining profitability and ensuring long-term growth. Strategic Cost Management (SCM) integrates cost control and cost reduction techniques to optimize business performance while maintaining product quality and customer satisfaction. Unlike traditional cost-cutting approaches, SCM aligns cost strategies with business
Setting up of Business Entities Starting a business involves several legal and regulatory requirements, including entity registration and obtaining necessary licenses. Proper registration ensures compliance with the law and provides legitimacy to the business. This guide explores the various registration processes and licenses required for setting up a business entity in India. Setting up of
Setting up of Business Entities Starting a business requires careful consideration of the structure that best suits the entrepreneur’s needs. Among the many business entity options, Limited Liability Partnerships (LLPs) and Joint Ventures (JVs) are two widely used structures. This guide provides an in-depth understanding of LLPs and JVs, their advantages, disadvantages, and essential legal
Strategic Cost Management (SCM) is an essential approach for organizations across industries to control costs while optimizing operational efficiency. Unlike traditional cost management, SCM integrates cost control with strategic decision-making to ensure sustainable growth and competitive advantage. This article explores the application of SCM in two crucial sectors: Agriculture and Information Technology (IT). Both industries
Introduction to Strategic Cost Management in an era of increasing competition and fluctuating market dynamics, businesses must adopt Strategic Cost Management (SCM) to optimize costs while maintaining efficiency and profitability. Unlike traditional cost control methods that focus solely on cost reduction, SCM integrates cost management with long-term business strategy, ensuring financial sustainability and competitive advantage.