Professional Documents
Culture Documents
IMPLEMENTATION
1.
2.
3.
4.
5.
6.
Palanisamy
Aditya
Sushma
Venkatkumar
Kathiravan
Tajinder
ECONOMICS
TYPES OF ECONOMICS:
There are two main types of economics,
Microeconomics
BUSINESS LAW
CONTRACTS
DEFINITIONS
CONTRACT
Section 2(h) of the Indian Contract Act, 1872 states that an agreement enforceable
by law is contract. This definition gives us two ingredientsan agreement and
enforceable by law.
AGREEMENT
An Agreement means a promise and a reciprocal set of promises forming
consideration for each other.
Section 2(e) of the Indian Contract Act, 1872 states that All Contracts are
Agreements but all Agreements are not Contracts.
PROMISE
Section 2(b) of the Contract Act, a proposal when accepted becomes a promise.
PROPOSAL
Section 2(a) states that when one person signifies another person his willingness to
do or abstain from doing anything with a view to obtaining the assent of that other to
such an act or abstinence, he is said to make a proposal. A Proposal is also known
as an offer.
Characteristics Of An Agreement:
Plurality Of
Persons
Consensus
ad-idem
PROMISEE
a person accepting a
Proposal/Offer
TYPES OF CONTRACTS
On the Basis of the
Mode of Formation
On the Basis of
Performance
Express contract
Executed contract
Valid contract
Implied contract
Executory contract
Void contract
Quasi-contract
Unilateral contract
Voidable contract
Bilateral contract
Illegal agreement
Unenforceable contract
P.O.S.D.C
HOW TO BE A GOOD
COMMUNICATOR
L. L. C Policy
4 Pillars of Communication Skills
Body Language P.E.O.P.L.E
P Posture & Gesture
E Eye Contact
O Orientation
P Proximity
L Looks & Appearance
E Expression of Emotions
KEY
LEARNINGS
Always Believe in yourself
Passion
Delegate but Responsibility & Accountability rests with you.
Never mess with people with Lower Designations/ Lower Profiles Huge EGO
Praise publicly, Reprimand Privately
Main Hoon Naa
Take Pride in your self
Kill with Kindness
Agree to Disagree
There are no permanent enemies nor friends
If you have a doubt - ASK
Balance sheet
Profit and Loss Sheet.
17
BUSINESS STRUCTURES
Business
Proprietary
Private Ltd.
Company
Partnership
Public Ltd.
18
A TYPICAL BALANCE
SHEET
Liabilities /
Sources of
funds
Amount
Assets /
Application of
Funds
Share Capital
Loan funds
Current
liabilities &
Provisions
Total
Fixed Assets
Investments
Current Assets
Total
Amount
xxxxxx.xx
xxxxxx.xx
Operating expense
xxxxxx.xx
EBIT
Interest xxxxxx.xx
EBT xxxxxx.xx
Income Taxes
xxxxxx.xx
What is the use of Balance Sheets and Profit Loss sheets for
normal person?
A)To buy shares.
B) To start business with other company.
C) To join in other company as employee.
PROJECT MANAGEMENT
MAJOR ACTIVITIES IN
PROJECT MANAGEMENTS
INITIATING
PLANNING
EXECUTING
MONITORING AND CONTROLLING
CLOSING
SWOT
SWOT analysis is a framework for identifying and analyzing the
internal and external factors that can have an impact on the viability of
a project, product, place or person.
MARKETING
CUSTOMER VALUE
VALUE = BENEFITS COST
SEGMENTAION
TARGETING
POSITIONING