Nanda kishor networks and technologies limited. Is a leader in technology innovations in England creating
products and solutions for a connected world. It has a large research and development team which invented
the 1" smart watch the W-1,Which besides showing the time would also monitor few health parameters like
heartbeat, blood pressures, ETC. Violent search of markets abroad, the company found that in India, the
reform process was underway with the aim of accelerating the pace of economic growth. The company
decided to take advantage of the fact that licensing requirements had been abolished. The company was also
aware that there had been increased level of interaction and interdependence among the various nations of
the world and India could be a base for its international trade. It set up its office in Gujarat with a view to
capture the Indian market. In a short span of time, the company emerged as a market leader. Success of the
company attracted many of other players to enter the market. Competition resulted in reduction in prices,
thereby Benefiting the customers.
a)In the above paragraph, two major concepts related to government policies have been discussed. Identify
and explain those concepts.
b)Also explain briefly any three impacts of those concepts on Indian business and industry.
18. Management has evolved like a discipline. There are a number of books on management. Students are
learning from these books various principles and theories of management. But all students of MBA do not
become successful only by learning these principles. The success depends upon creative application of
these principles. Today many companies have started giving importance to corporate social responsibilities
and business ethics.
In the above para features of science art and professions each are given identify each of them by quoting
lines an explain all the nature of management in detail.
Answers
Answer:
The relationships between education and employment are determined not only by the function of education to prepare learning for subsequent work tasks and other life spheres, but also by the fact that education selects: in an educational meritocracy, the monetary resources and the social recognitions are largely determined by the individuals' level of educational attainment and their competencies fostered during the course of learning. The levels and the types of education, however, never are closely ‘matched’ to professional positions and job requirements. Imperfections are unavoidable, because individuals have to be trained to cope with imperfections and to be able to change employment and work themselves proactively. National traditions of education and training persist to a certain extent according to which education might vary from being understood as the general foundation for professional learning on the job toward being understood as specific training for respective jobs. The dramatically rapid expansion of education is interpreted as serving the needs of the knowledge society as an oversupply which might be absorbed and as stimulating changes of the system of employment and work.