Author: commerce summary

Introduction In modern management, understanding effective principles is crucial for success. Henry Fayol’s 14 Principles of Management, developed by the French industrialist and theorist, are influential and continue to shape contemporary practices. This article explores each principle with real-life examples, providing valuable insights for enhancing managerial skills and organizational performance.  Read More …

Are You looking for the solution of Question number 1 of class 11th Basic Accounting Terms chapter TS Grewal book 2022-23 edition? Question number 1 of the  Basic Accounting Terms chapter of TS Grewal Book 2022-23 is a practical question. Solution of Question Number 1 of class 11th Basic Accounting Read More …

TS Grewal chapter 6 – Retirement of a Partner, Question 22 to Question 28 solution of the 2021-22 Edition. Note – we upload working note before the main solution because we want students would get full understanding about the question before moving forward in the solution. Q.22- A, B and Read More …

TS Grewal chapter 6 – Retirement of a Partner, Question 15 to Question 21 solution of the 2021-22 Edition. Note – we upload working note before the main solution because we want students would get full understanding about the question before moving forward in the solution. Q.15- Aparna, Manisha and Read More …

TS Grewal chapter 6 – Retirement of a Partner, Question 8 to Question 7 solution of the 2021-22 Edition. Note – we upload working note before the main solution because we want students would get full understanding about the question before moving forward in the solution. Q8- A, B, and Read More …

Role of Consumer Organizations and NGOs: Question- what do you mean by NGO? Answer- NGO stands for Non-governmental organizations. These organizations are non-profit organizations which aim at promoting the welfare of people. They have a constitution of their own and are free from government interference. In India ,several consumer organizations Read More …

Introduction: • The legal framework in India encompasses various legislations which provide protection to consumers. The most important of these regulations is the Consumer Protection Act, 2019. • The Act provides for a three-tier machinery at the district, state and national levels for redressal of consumer grievances. So Before directly Read More …

Ways and means of Consumer Protection: There are various ways in which the objective of consumer protection can be achieved. Some of them are discussed below briefly: 1. Self Regulation by Business- • Wise and knowledgeable business firms realize that they have to serve the customers well if they want Read More …

Consumer Rights: The Consumer Protection Act provides for six rights of consumers. These rights include: 1. Right to be Heard- • The consumer has a right to file a complaint and to be heard in case of dissatisfaction with a good or a service. • That’s  why many pioneer business Read More …

Consumer Protection Act (CPA): • The Consumer Protection Act (CPA) focuses on protecting & promoting the consumers’ interests through provide speedy and inexpensive solutions of their grievances. • It is applicable to all types of enterprises whether small or big , whether in the private or public sector or cooperative Read More …