Very short Questions and Answers 1. List out five blocks of depreciable assets and the rate of depreciation. Five blocks Depreciation method and rate a. Block A b. Block B C. Block C d. Block D e. Block E DBM, 5% DBM, 25% DBM, 20% DBM, 15% SLM, Cost/Life Note: DBM : Diminishing balance […]
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Chapter 8: Income From Employment
Very Short Questions and Answers 1. List out any two incomes excluded from employment income. Two incomes excluded from employment income are: Meals and refreshments are provided to all employees on equal ground. Reimbursement of petty expenses relating to tea expenses, stationeries, tips, prizes and emergency medical treatment of up to Rs 500. 2. State […]
Chapter 9: Antitrust and Information Policy
Antitrust and Information Policy Antitrust refers to government policy to regulate or break up monopolies in order to promote free competition and attain the benefits that such competition can provide to the economy and to society as a whole. Since the government’s rules inevitably affect industry participants, no executive in the network economy […]
Unit 4: Association Analysis
Introduction Many business enterprises accumulate large quantities of data from their day-to-day operations. For example, huge amounts of customer purchase data are collected daily at the checkout counters of grocery stores. Table 1 illustrates an example of such data, commonly known as market basket transactions. Each row in this table corresponds to a transaction, which […]
Chapter 8: Strategies for Information Industries
Cooperation and Compatibility Strategies for Competing in n/w markets. Openness strategy Open migration Discontinuity Who are allies and enemies? ‘Coopetition’ Captures the tension between cooperation and competition Establish Standards & create a single n/w of compatible users. How Standards Change the Game? 1. Expanded network externalities Enhance compatibility, interoperability Make network larger, increase value Share […]
Chapter 8: Institutional Support to Entrepreneurship Development
Very Short Question Answer 1. What is industrial estates? Industrial estate refers to a place where the required facilities and factory accommodation are provided by the government to the entrepreneurs to establish their industries there. 2. Define the term tax concession. A special provision for an entrepreneurial firm not to pay a tax that it […]
Chapter 7: Financing of Entrepreneurial Venture
Very Short Question Answer 1. Who is angel investor? An angel investor refers to a formal entrepreneur or professional who provides starting or growth capital in promising ventures, and helps also with advice and contacts. Angel investors usually operate alone or in very small groups. 2. Define the term equity financing. Equity financing refers to […]
Chapter 6: Legal Issues of Entrepreneurial Venture
Very Short Question Answer 1. Define the term intellectual property right. The right that protects intellectual properties like inventions, literary and artistic works, designs, and symbols, names and images is known mas intellectual property right. Intellectual property is protected in law through patents, copyright and trademark which enables people to earn recognition or financial benefit […]
Chapter 8: Strategies for Information Industries
Cooperation and Compatibility
Chapter 7: Networks and Positive Feedback
Network and Positive Feedback Introduction The industrial economy was populated by oligopoly industries in which a few large firms dominate markets. Examples of oligopolies include: Automobiles industry Steel industry Aluminum industry Various chemical markets The difference is that the old industrial economy was driven by economics of scale while the new […]