Commerce Optional (UPSC-IAS)

👆🏻This is very good chart to explain Contributing Disciplines to the OB field. @commerceoptional

BEHAVIOUR MODEL FOR ORGANIZATIONAL EFFICIENCY Organizational behaviour is a study and application of managerial skills and knowledge to people in the organization to investigate individual and group behaviour. Various concepts and models in the field of organizational behaviour attempt to identify, not only the human behaviour but also modify their attitude and promote skills so that they can act more effectively. This is done scientifically; therefore, organizational behaviour field is a scientific discipline. The knowledge and models are practically applied to workers, groups and organizational structure that provide tools for improved behaviour and dynamics of relationship. The field of organizational behaviour also provides various systems and models for international relationship that are applied to organizations. @commerceoptional Leaders must look for indicators (effects) of individual behaviour and of groups in any organization. Indicators have a root cause beneath. As a leader, it is that symptom, which must be evaluated, and cause of human behaviour established so that if the behaviour is good, the manager can establish the norms of behaviour. If the behaviour is not conducive to achieve the organisastional objective then suitable alternative model can be applied to channelize individual behaviour towards an appropriate organizational value system and thus individual behaviour modified. An organization has three basic elements namely, people, structure, and technology. An organization must have suitable organizational structure, with appropriate number of tier and reporting system properly explained. Principle of unity of command, delegation of authority and responsibility, formulation of objectives and its allotment to various groups is very important so that workers achieve a required level of job satisfaction. They must be trained to handle sophisticated machines and equipment. It is the people, their value system, and faith in the leadership that make an organization. Leader must be able to describe, understand, predict and control individual behaviour in the organization.

Daily Answer Writing Practice for Commerce Optional UPSC (Mains) 2020. #Q.1)Evaluate the role and effectiveness of outside leadership in trade unions. How do adverse consequences of outside leadership be avoided in Indian scenario? Explain.– 15 Marks #Q.2) What are the problems of Trade Unions in India? Discuss the impact of on Trade Union Movement- 15 Marks @commerceoptional #Q.3)Discuss the structure of trade unions in India and examine its effect on Trade Union functioning.-15 Marks

दीप निष्ठा का लिये निष्कंप वज्र टूटे या उठे भूकंप यह बराबर का नहीं है युद्ध हम निहत्थे, शत्रु है सन्नद्ध हर तरह के शस्त्र से है सज्ज और पशुबल हो उठा निर्लज्ज किन्तु फिर भी जूझने का प्रण अंगद ने बढ़ाया चरण प्राण-पण से करेंगे प्रतिकार समर्पण की माँग अस्वीकार @civilservicegurukul दाँव पर सब कुछ लगा है, रुक नहीं सकते टूट सकते हैं मगर हम झुक नहीं सकते

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This program will be very helpful for Students appearing for UPSC Mains 2020-21. With best regards Civil Service Gurukul Team @civilserviceguruku

👆🏻GUIDANCE PROGRAM CUM TEST SERIES will be going to start from 20th June 2020.

Definition of Organisation behaviour According to L. M. Prasad, “Organisational behaviour can be defined as the study and application of knowledge about human behaviour related to other elements of an organisation such as structure, technology and social systems. Organizational behavior is directly concerned with the understanding, prediction, and control of human behavior in organizations Organisational behaviour is the study and application of knowledge about how people as individuals and as groups act within organisations. It strives to identify ways in which people can act more effectively.

Daily Answer Writing Practice:- #Q.1)Discuss briefly the basic characteristics features of trade union movement in India during the post-independence period.– 15 Marks @commerceoptional #Q.2) The major obstacle in development of trade union movement in India is unhealthy impact of competitive political parties- discuss.- 15 Marks #Q.3) Discuss briefly the factors that inhibit the success of trade union movement in India.-15 Marks

Drawbacks of Profit Maximization Profit maximization objective consists of certain drawback also: (i) It is vague: In this objective, profit is not defined precisely or correctly. It creates some unnecessary opinion regarding earning habits of the business concern. (ii) It ignores the time value of money: Profit maximization does not consider the time value of money or the net present value of the cash inflow. It leads certain differences between the actual cash inflow and net present cash flow during a particular period. (iii) It ignores risk: Profit maximization does not consider risk of the business concern. Risks may be internal or external which will affect the overall operation of the business concern @commerceoptional

What are the reforms undertaken by SEBI for rights issue? In November 2019, SEBI streamlined the rights issue process and the timelines for completion was significantly reduced from T+55 days to T+31 days — a 40 per cent cut in the time. It has also reduced the advance notice for the record date from seven working days to three working days. @commerceoptional In a major move that makes it possible for eligible investors to subscribe and trade their rights entitlement (RE) and also makes it possible for interested investors to subscribe to more shares than they are eligible for, Sebi on January 22, 2020, laid down the detailed procedure of the improved rights issue process and the dematerialised REs framework. @commerceoptional While the previous process of trading rights entitlement entailing physical settlement was marred with low liquidity, the decision to dematerialise the REs and permitting their trading through stock exchange framework ensures higher liquidity and determination of a fair market price for REs. Shareholders with small holdings, who were earlier not able to renounce REs for lack of an accessible platform, can renounce and trade their REs easily now. This reform enables all shareholders to renounce-cum-trade their entitlements and obtain a fair market price for the same. For shareholders who want to invest more, this also provides them with the opportunity to buy more shares from those who are willing to trade their REs in the market. @commerceoptional

What is rights issue? A rights issues is a mechanism by which companies can raise additional capital from existing shareholders. @commerceoptional While existing shareholders may not necessarily be able to participate in other fund-raising mechanisms like QIPs, preferential allotment etc, rights issue is a more democratic approach to raising funds as it allows the existing shareholders the right to invest first in the company.

Daily Answer Writing Practice- DAY -119 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-119/ Daily Answer Writing Practice- DAY -120 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-120/ Daily Answer Writing Practice- DAY -121 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-121/

Daily Answer Writing Practice- DAY -101 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-101/ Daily Answer Writing Practice- DAY -102 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-102/ Daily Answer Writing Practice- DAY -103 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-103/ Daily Answer Writing Practice- DAY -104 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-104/ Daily Answer Writing Practice- DAY -105 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-105/ Daily Answer Writing Practice- DAY -106 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-106/ Daily Answer Writing Practice- DAY -107 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-107/ Daily Answer Writing Practice- DAY -108 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-108/ Daily Answer Writing Practice- DAY -109 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-109/ Daily Answer Writing Practice- DAY -110 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-110/ Daily Answer Writing Practice- DAY -111 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-111/ Daily Answer Writing Practice- DAY -112 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-112/ Daily Answer Writing Practice- DAY -113 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-113/ Daily Answer Writing Practice- DAY -114 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-114/ Daily Answer Writing Practice- DAY -115 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-115/ Daily Answer Writing Practice- DAY -116 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-116/ Daily Answer Writing Practice- DAY -117 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-117/ Daily Answer Writing Practice- DAY -118 Financial Management topic of Paper 1 of UPSC Commerce Optional https://www.civilservicegurukul.com/daily-answer-writing-practice-for-commerce-optional-upsc-mains-day-118/