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hyzen
8874c143b8 Update: UniNotes looks 2026-04-16 02:27:38 +05:30
hyzen
5d1c8f6988 Update: UniNotes looks 2026-04-16 02:10:55 +05:30
hyzen
f918f73df0 Add: PBM Unit3 self 2026-04-16 01:40:27 +05:30
hyzen
0796fcc261 Update: UniNotes page 2026-04-15 17:42:53 +05:30
hyzen
75aa2fe529 Add: BO DCM1109 Unit3 2026-04-15 17:31:51 +05:30
hyzen
e2f0af4185 Update: changelog 2026-04-14 18:32:02 +05:30
hyzen
f9cc81bfef Update: changelog 2026-04-14 18:26:28 +05:30
hyzen
3a29ad32fe Update: changelog 2026-04-14 18:06:55 +05:30
hyzen
66316594e0 Update: changelog 2026-04-14 17:50:35 +05:30
hyzen
c5fa39e546 Update: uninotes page format 2026-04-14 17:49:22 +05:30
hyzen
68fd50ffcb Update: contents style uninotes page 2026-04-14 17:01:03 +05:30
hyzen
dedbf6ecb8 Add: changelog 2026-04-14 14:52:20 +05:30
hyzen
bb427c443d Add: units 2026-04-13 00:48:05 +05:30
hyzen
a3272b17a1 Add: live classes 2026-04-12 17:34:44 +05:30
hyzen
590e5b78c6 Update: et-dcm1107-unit1-live 2026-04-11 20:52:58 +05:30
hyzen
281d29a2f4 Fix: et-dcm1107/unit1 live note type 2026-04-11 20:29:41 +05:30
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6e189e24b5 Fix: et-dcm1107/unit1 live note type 2026-04-11 20:22:47 +05:30
hyzen
3826fc059a Update: unit-choice.html 2026-04-11 19:58:46 +05:30
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08825eb17f Add: live notes 2026-04-11 19:24:18 +05:30
hyzen
224d13a245 Update: TOC margin 2026-04-10 20:48:58 +05:30
hyzen
c1cc1f2584 Update: TOC margin 2026-04-10 20:46:28 +05:30
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c1411b7677 Update: TOC margin 2026-04-10 20:29:38 +05:30
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b10461ecb8 Update: TOC margin 2026-04-10 20:25:08 +05:30
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6b4910141d Update: TOC margin 2026-04-10 20:22:12 +05:30
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c633220801 Update: date format 2026-04-10 20:11:02 +05:30
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93b786b0c4 Update: TOC padding 2026-04-10 20:02:31 +05:30
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ee5b33bb36 Update: TOC padding 2026-04-10 19:59:11 +05:30
hyzen
37c632b82f Update: date format 2026-04-10 19:19:40 +05:30
hyzen
29c576c930 Fix: TOC first line ### heading 2026-04-10 18:58:38 +05:30
hyzen
41231d2efe Update: date format 2026-04-10 18:40:27 +05:30
hyzen
d19d7aa807 Update: date format 2026-04-10 18:11:56 +05:30
hyzen
6df5da887f Update: dates in units 2026-04-10 09:30:51 +05:30
hyzen
bd42342dca Update: UniNotes slugs 2026-04-10 06:38:21 +05:30
hyzen
4976376c06 Add: DCM1109 Unit1 2026-04-09 21:14:08 +05:30
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9ea077b0ce Add: DCM1110 Unit1 2026-04-09 20:42:39 +05:30
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---
title: "Changelog"
---
## [2026-04-15]
- Added UniNote PBM DCM1109 Uni3 Self.
## [2026-04-15]
- Added UniNote BO DCM1109 Uni3 Self.
## [2026-04-14]
- Changelog page.
- Removed year from footer copyright.
- "Contents" style UniNotes page.

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title = "ET DCM1107"
slug = "s1/et-dcm1107"
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title = "FA DCM1108"
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title = "GE DCM1106"
slug = "s1/ge-dcm1106"
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title = "PBM DCM1110"
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### ***April 6, 2026***
## Features and Nature of Business
A) Economic Activity.
B) Continuous Activity.
C) Profit Motive.
D) Exchange of goods and services.
E) Customer Orientation.
F) Risk and Uncertainty.
G) Legal and Ethical Compliance.
H) Global.
## Concept
A) Value Creation.
B) Profit.
C) Social.
D) Organised.
E) Dynanic.
## Scope
### A) Industry
1. Primary Industry: Extraction of raw material (agriculture, mining).
2. Secondary Industry: Manufacturing.
3. Tertiary Industry: Service (banking, insurance, transport, delivery)
4. Quaternary Sector: Knowledge based services (IT, education/training)
5. Quinary Sector: Services of leading roles (Government services, NGOs)
### B) Commerce
1. Trade.
2. Auxiliaries to Trade.
### C) Modern Dimensions of Business
1. E-Business.
2. Green Business.
3. Social Business.
4. Global Business.
## Business as a System
A) Interdependance.
B) Input-Process-Output Model.
C) Open System.
D) Dynamic Nature.
### B) Input-Process-Output Model
1. Input.
2. Process.
3. Output.
4. Feedback.
## Business and Environment Interface
A) Social Environment.
B) Economic Environment.
C) Politico-legal Environment.
D) Technological Environment.
E) International Environment.
## Objectives of Business
A) Economic.
B) Social.
C) Human.
D) National.
E) International.
## Profit Maximization VS. Social Responsibility
(Research pending)

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### ***April 12, 2026***
## Primary Sector
The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.
## Secondary Sector
The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.
## Tertiary Sector
This involves the provision of services to businesses as well as final consumers.

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### ***April 15, 2026***
## Types of co-operatives formed
A) Consumer co-operatives.
B) Producer co-operatives.
C) Marketing co-operatives.
D) Housing co-operatives.
E) Credit co-operatives.
F) Cooperative Farming Societies.
## Types of Companies
### A) On the Basis of Incorporation
1. Chartered Companies: Formed under a Royal Charter or special charter issued by the
monarch (no longer applicable in India).
2. Statutory Companies: Created by a special Act of Parliament or State Legislature. Example:
Reserve Bank of India (RBI), Life Insurance Corporation (LIC).
3. Registered Companies: Incorporated under the Companies Act, 2013. This includes almost
all modern business entities in India.
### B) On the Basis of Liability
1. Company Limited by Shares [Section 2(22)].
2. Company Limited by Guarantee [Section 2(21)].
3. Unlimited Liability Company [Section 2(92)].
4. Company Limited by Both Guarantee and Shares.
### C) On the Basis of Ownership
1. Private Company (Section 2(68)).
2. Public Company (Section 2(71)).
3. One Person Company (Section 2(62)).
### D) On the Basis of Control
1. Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control.
2. Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover
(subsidiary of Tata Motors).
### E) On the Basis of Nationality
1. Indian Company: Incorporated under the Companies Act, 2013 and managed in India.
2. Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd.
### F) On the Basis of Purpose
1. For-Profit Companies.
2. Non-Profit Companies (Section 8): Established for charitable, educational, or social
purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.

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draft = false
semester = ['S1']
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unit = 'Unit 1'
notecategory = 'Live'
title = 'Unit 1'
toc = true
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uniturl = '/uninotes/s1/et-dcm1107/unit1/'
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### ***April 5, 2026***
## Course Objectives
A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.
B) Examine cost and revenue structures of firms.
## Definition of Economics by various individuals
A) Wealth Definition by Adam Smith.
B) Welfare Definition by Alfred Marshall.
C) Scarcity Definition by Robbins.
D) Growth Defintion by Samuelson.
## Nature
### A) Economics as a Science
1. Positive (what is, based on data and logic)
2. Normative (what ought to be, opinions, judgements)
### B) Economics as an Art
1. Pure (what ought to be, ideals and goals)
2. Applied (real world, how to implement)
### A) Described Economics as a Science
1. Focuses on laws and cause-and-effect relationships (e.g Law of Demand).
2. Models to predict economic outcomes.
3. Data analysis, observation, hypothesis.
4. Real-world evidence.
5. Deductive and Inductive reasoning.
* Limitaion: Human behaviour involved.
## Methods
A) Inductive (specific -> general).
B) Deductive (general -> specific).
### A) Inductive
1. Real-world observation, identify problem.
2. Collect data, analyze and find patterns.
3. Formulate and test generalisations.
### B) Deductive
1. Identify the general problem.
2. Assumptions, formulate hypothesis.
3. Verify using data.

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draft = false
semester = ['S1']
subjectcode = ['ET DCM1107']
unit = 'Unit 2'
notecategory = 'Live'
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uniturl = '/uninotes/s1/et-dcm1107/unit2/'
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### ***April 12, 2026***
## Types of Utility
A) Form Utility
B) Place
C) Time
D) Possession
## Law of Deminishing Marginal Utility
## Law of Equi-Marginal Utility
## Law of Demand
Price and Quantity demanded for a product is inversely related.
## Exceptions of Law of Demand
A) Assumption of increase in price.
B) Status goods or Veblen goods.
C) Giffen goods.
D) War.
E) Economic depression.
F) Essential goods.

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draft = false
semester = ['S1']
subjectcode = ['GE DCM1106']
unit = 'Unit 1'
notecategory = 'Live'
title = 'Unit 1'
toc = true
url = '/uninotes/s1/ge-dcm1106/unit1/live/'
uniturl = '/uninotes/s1/ge-dcm1106/unit1/'
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### ***April 12, 2026***
## Theories on the Origin of Language
### Types of Theories
A) Divine.
B) Bow-Bow.
C) Pooh-Pooh.
D) Ding-Dong.
E) Gesture.
F) Yo-He-Ho.
G) Musical.
H) Tool-Making.
I) Evolutionary.
J) Symbolic.
K) Contemporary Perspective.

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date = '2025-11-11T23:15:44+05:30'
draft = false
semester = ['S1']
subjectcode = ['PBM DCM1110']
unit = 'Unit 1'
title = 'Unit 1'
toc = true
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## Introduction
Unit 1 notes go here.

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title = 'Unit 1'
unit = 'Unit 1'
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draft = false
semester = ['S1']
subjectcode = ['PBM DCM1110']
unit = 'Unit 1'
notecategory = 'Live'
title = 'Unit 1'
toc = true
url = '/uninotes/s1/pbm-dcm1110/unit1/live/'
uniturl = '/uninotes/s1/pbm-dcm1110/unit1/'
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### ***April 12, 2026***
## Introduction
Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.

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draft = false
semester = ['S1']
subjectcode = ['PBM DCM1110']
unit = 'Unit 1'
notecategory = 'Self'
title = 'Unit 1'
toc = true
url = '/uninotes/s1/pbm-dcm1110/unit1/self/'
uniturl = '/uninotes/s1/pbm-dcm1110/unit1/'
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### ***April 5, 2026***
## Characteristics of Management
A) Goal Oriented.
B) Pervasive.
C) Multidimentional:
         (i) Management of People.
         (ii) Management of Operations.
D) Continuous.
E) Dynamic.
F) Group Activity.
G) Intangible.
## Functions of Management
A) Planning.
B) Organising.
C) Staffing.
D) Directing.
E) Controlling.
### A) Planning
1. Determine the goals or mission of the organisation.
2. Forecast future conditions.
3. Select the best course of action.
4. Formulate policies, procedures, budgets.
### B) Organising
1. Identify and analyse activities required to be operated on.
2. Group similar activities.
3. Assign duties to individuals.
4. Delegate authority and responsibility to the individuals in managerial roles.
5. Establish and announce clear authority relationships to ensure coordination and control.
### C) Staffing
1. Recruitment and selection.
2. Training.
3. Performance appraisal.
### D) Directing
1. Leadership and supervision.
2. Motivation.
3. Communication.
### E) Controlling
1. Establish performance standards.
2. Measure performance.
3. Compare performance with the standards.
4. Identify reasons for deviations.
5. Implement corrective actions.
6. Use feedback to evaluate performance improvement.
## Significance of Management
A) Optimum unilization of resources.
B) Minimisation of costs.
C) Achievement of group goals.
D) Organisational stability.
* Management depends on Effectiveness and Efficiency.
## Scope of Management
A) Production Management.
B) Personal Management.
C) Marketing Management.
D) Financial Management.

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unit = 'Unit 2'
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draft = false
semester = ['S1']
subjectcode = ['PBM DCM1110']
unit = 'Unit 2'
notecategory = 'Self'
title = 'Unit 2'
toc = true
url = '/uninotes/s1/pbm-dcm1110/unit2/self/'
uniturl = '/uninotes/s1/pbm-dcm1110/unit2/'
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### ***April 12, 2026***
## Behaviors of Managers
### A) Coaching managers
Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:
* Educating every employee of the organisation.
* Looking after the long-term professional development of their employees.
* Bringing the team together whilst also evaluating each individual's progress.
### B) Authoritative managers
Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:
* Giving importance to rules and operation standards.
* Motivating their employees to give their best and also holding employees accountable.
* Taking disciplinary actions when necessary.
### C) Results-based managers
Results-based managers mainly concentrate on whether or not employees meet their goals. They
are more concerned with the completion of work by the employees rather than how they do it. This
gives employees some power to make decisions and come up with their own methods for success.
Some of the common qualities of a results-based manager include:
* Being lenient in terms of rules and protocols.
* Finding out ways to ensure that their employees work most effectively.
* Focusing only on completion of work, not on how it gets accomplished.
### D) Strategic managers
Strategic managers build their management style around the end result that they want to achieve.
They delegate authority to lower-level supervisors so they can focus on developing the ultimate
long-term strategy for success. Some of the most common qualities of a strategic manager include:
* Delegating responsibility to lower-level supervisors but not otherwise strongly involved
in day-to-day tasks.
* Focusing on the overall goal of their projects rather than minor details.
* Working independently to create plans for their employees that they can undertake on their
own.
### E) Proactive managers
Proactive managers are always offering help and advice. They also remain positive even in times of
crisis. They typically focus on what actions they can take to overcome or solve any challenges that
might arise. With a hands-on approach, they try to meet those challenges. Some of the most common
qualities of a proactive manager include:
* Being enthusiastic about meeting goals through collaboration with employees.
* Showing confidence in the abilities of their employees.
* Being supportive of employees and always ready to help them.
### F) Laissez-faire managers
Laissez-faire managers make sure that they meet their goals, but they typically do not offer much
help or supervision during work operations. They delegate most of the day-to-day and long-term
responsibilities to their employees. If you prefer to work autonomously, you might work well under
a laissez-faire manager. Some of the common qualities of a laissez-faire manager include:
* Remaining hands-off with daily performance.
* Delegating responsibility to employees and stepping back.
* Giving employees autonomy to make decisions and complete tasks on their own.
### G) Democratic managers
Democratic managers listen to input given by employees and welcome the employees to be a part
of the decision-making process. They try to make every member of a team crucial to a project's
completion. An office led by a democratic manager focuses on teamwork. Some of the common
qualities of a democratic manager include:
* Open to suggestions and criticism.
* Understanding of employees' points of view.
* Emphasising collaboration among employees and the team as a whole.
### H) Visionary managers
Visionary managers rely on strategies to make a plan for their team, and then they ultimately allow
their employees to work autonomously. However, they also check in with employees regularly to
ensure that productivity is in line with their vision and goals. Some of the common qualities of a
visionary manager include:
* Staying fair but also being serious about achieving desired results.
* Offering quality feedback to the employees.
* Trusting employees as long as they adhere to the well-planned strategy.
### I) Transformational managers
Transformational managers are enthusiastic about the growth of their employees. They also learn
how to adapt to changes in their industry. They motivate employees to go beyond their comfort
zones and constantly improve. Some of the common qualities of a transformational manager include:
* Being creative in terms of approaches to new tasks and methods of operation.
* Motivating and challenging employees to adapt to changes.
* Being heavily involved in work processes.
* Supporting employees.
### J) Charismatic managers
Charismatic managers give priority to building strong personal relationships with their employees.
They also try to cater to their employees' needs whenever they can. This can motivate employees to
strive to work effectively and efficiently in order to gratify their manager. Some of the common
qualities of a charismatic manager include:
* Being friendly and charming when working with employees and supervisors.
* Showing kindness to employees instead of being authoritative.
* Providing constant support and help when necessary.
## Characteristics of Managers
A) They are responsible for the performance of tasks.
B) They maintain balance between goals and define priorities.
C) They think rationally and conceptually.
D) They act as mediators.
E) They make complicated decisions.
## Managerial Skills
### A) Conceptual Skills
* Solving business problems by analysing information.
* Identifying new opportunities and areas for innovation.
* Recognising problem areas and developing solutions.
* Selecting key information from large amounts of data.
* Understanding how technology supports business operations.
* Having a clear understanding of the organisations business model and goals.
### B) Human Skills
* Interviewing and selecting employees.
* Motivating and guiding team members.
* Resolving conflicts and maintaining harmony.
* Building partnerships and encouraging teamwork.
### C) Technical Skills
* Using computer software or operating machinery.
* Designing a brochure or preparing a financial report.
* Training employees to use a new budgeting system.
## Roles of a Manager
### A) Interpersonal Roles
1. Figurehead- attending meetings, signing legal documents, welcoming visitors, or
inaugurating company events.
2. Leader.
3. Liaison.
### B) Informational Roles
1. Monitor - gathers information.
2. Disseminator - shares information.
3. Spokesperson - represents.
### C) Decisional Roles
1. Entrepreneur: The manager identifies opportunities for improvement and innovation. They take
the initiative to start new projects, introduce new products, or adopt better methods to improve
efficiency and competitiveness.
2. Disturbance Handler: In this role, the manager deals with unexpected problems or conflicts.
This may include resolving employee disputes, handling crises, or managing supply shortages.
The goal is to maintain stability and prevent disruption in operations.
3. Resource Allocator: The manager decides how to distribute resources like money, time, and
manpower among different departments or projects. Effective allocation ensures that priorities
are met and the organisation runs efficiently.
4. Negotiator: The manager represents the organisation in negotiations with employees, suppliers,
customers, or other external parties. They work to reach agreements that are beneficial for both
the organisation and its stakeholders.

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draft = false
semester = ['S1']
subjectcode = ['PBM DCM1110']
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toc = true
url = '/uninotes/s1/pbm-dcm1110/unit3/self/'
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### ***April 15, 2026***
## Classical approach comprised the following three approaches:
### A) Scientific Management
In scientific management, scientific methods are used to study and analyse the problems in factories and businesses. It involves the use of rational methods, understanding issues, and finding relevant & practical solutions. The main contribution in scientific management is of Frederick Winslow Taylor, who is well renowned as The father of scientific management.
### B) Administration Management
It is mainly related to the performance of managers and has defined various functions of administration. In administration management, the emphasis is laid on evaluating the existing processes, identifying the underlying principles, and developing the management theories. These functions are interlinked and help managers perform effectively. The major contribution towards administration management is from Henry Fayol.
### C) Bureaucratic Management
This approach was founded by Max Weber, who believed bureaucracy is the best for the optimum utilisation of resources in an organisation. Such an approach is generally followed in government and military organisations. Bureaucratic management has a well-defined hierarchy, lines of authority, and procedures. Various rules and procedures are formed in bureaucracy to guide the functioning of an organisation.
## Mechanisms of Scientific Management
A) Separation of Planning and Doing.
B) Functional Foremanship - Training Department/Functional Department.
C) Job Analysis.
D) Standardisation.
E) Scientific Selection and Training of Workers.
F) Financial Incentives.
G) Economy.
H) Mental Revolution.
## Henri Fayol's 14 Principles of Management
1. Division of work.
2. Authority and responsibility.
3. Discipline.
4. Unity of command.
5. Unity of direction.
6. Subordination of individual to general interest.
7. Remuneration.
8. Centralisation and decentralisation.
9. Scalar chain.
10. Order.
11. Equity.
12. Stability of tenure.
13. Initiative.
14. Esprit de Corps.
## 3 types of Authority in an organisation according to Max Weber
1. Traditional Authority.
2. Charismatic Authority.
3. Legal-Rational Authority.
## Features of Legal-Rational Bureaucracy
A) Official and Regular Business Operations.
B) Well-Defined Rules and Procedures.
C) Clearly Defined Authority and Supervision.
D) Separation of Personal and Official Affairs.
E) Written Documentation.
F) Division of Labour and Specialisation.
G) Hierarchical Structure of Authority.
H) System of Abstract and Formal Rules.

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Academics is good only as a concept. It&rsquo;s implementation and system is always the worst and corrupted.</p><h3 class=heading id=activities-in-education>Activities in Education:<span class=heading__anchor> <a href=#activities-in-education>#</a></span></h3><ul><li><p>Knowledge: Reading, listening, watching, feeling, thinking etc.</p></li><li><p>Understanding: Studying (literary, critical thinking, investigating), researching.</p></li><li><p>Skill: Practicing.</p></li><li><p>Experience: Time spending.</p></li></ul><h3 class=heading id=read-vs-study-vs-research>Read vs Study vs Research:<span class=heading__anchor> <a href=#read-vs-study-vs-research>#</a></span></h3><ol><li><p>Read: Reading is about watching or interpreting something/someone to gain knowledge.</p></li><li><p>Study: Studying is about interpreting a topic, going deeper and gaining some conscious understanding out of it.</p></li><li><p>Research: Research is about studying a topic and then contributing to it with changes from your end.</p></li></ol><ul><li><p>Reading relates with knowledge.</p></li><li><p>Studying relates with understanding.</p></li><li><p>Research relates with understanding and contributing.</p></li></ul><h3 class=heading id=knowledge-vs-entertainment>Knowledge vs Entertainment:<span class=heading__anchor> <a href=#knowledge-vs-entertainment>#</a></span></h3><ul><li>Activities that are done for Knowledge/Understanding (reading, watching, listening, studying etc.) can also be done for Entertainment and vice versa.</li></ul><p>Example:</p><ol><li>The first book was to provide Knowledge/Understanding, but later books became a source of Entertainment (fiction).</li><li>Videos can be used for both Knowledge/Understanding and Entertainment purposes. For example, for Knowledge/Understanding, there are documentaries, tutorial videos etc. For Entertainment, there are movies, funny videos etc.</li></ol><ul><li>All these are taken from my notes, all of which I like to write and think about deeply.</li></ul><div><div>Tags:</div><ul><li><a href=/tags/education/>Education</a></li><li><a href=/tags/academics/>Academics</a></li><li><a href=/tags/system/>System</a></li></ul></div><div><div>Categories:</div><ul><li><a href=/categories/philosophy/>Philosophy</a></li></ul></div></main><footer class=footer><p class=footer__copyright-notice>&copy; 2026 <a href=https://freedoms4.org>freedoms4.org</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>
Academics is good only as a concept. It&rsquo;s implementation and system is always the worst and corrupted.</p><h3 class=heading id=activities-in-education>Activities in Education:<span class=heading__anchor> <a href=#activities-in-education>#</a></span></h3><ul><li><p>Knowledge: Reading, listening, watching, feeling, thinking etc.</p></li><li><p>Understanding: Studying (literary, critical thinking, investigating), researching.</p></li><li><p>Skill: Practicing.</p></li><li><p>Experience: Time spending.</p></li></ul><h3 class=heading id=read-vs-study-vs-research>Read vs Study vs Research:<span class=heading__anchor> <a href=#read-vs-study-vs-research>#</a></span></h3><ol><li><p>Read: Reading is about watching or interpreting something/someone to gain knowledge.</p></li><li><p>Study: Studying is about interpreting a topic, going deeper and gaining some conscious understanding out of it.</p></li><li><p>Research: Research is about studying a topic and then contributing to it with changes from your end.</p></li></ol><ul><li><p>Reading relates with knowledge.</p></li><li><p>Studying relates with understanding.</p></li><li><p>Research relates with understanding and contributing.</p></li></ul><h3 class=heading id=knowledge-vs-entertainment>Knowledge vs Entertainment:<span class=heading__anchor> <a href=#knowledge-vs-entertainment>#</a></span></h3><ul><li>Activities that are done for Knowledge/Understanding (reading, watching, listening, studying etc.) can also be done for Entertainment and vice versa.</li></ul><p>Example:</p><ol><li>The first book was to provide Knowledge/Understanding, but later books became a source of Entertainment (fiction).</li><li>Videos can be used for both Knowledge/Understanding and Entertainment purposes. For example, for Knowledge/Understanding, there are documentaries, tutorial videos etc. For Entertainment, there are movies, funny videos etc.</li></ol><ul><li>All these are taken from my notes, all of which I like to write and think about deeply.</li></ul><div><div>Tags:</div><ul><li><a href=/tags/education/>Education</a></li><li><a href=/tags/academics/>Academics</a></li><li><a href=/tags/system/>System</a></li></ul></div><div><div>Categories:</div><ul><li><a href=/categories/philosophy/>Philosophy</a></li></ul></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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Subscribe</a></div></div></div></div><nav class="menu language"><ul class="menu__list language__list"><li class=menu__item><a class=menu__link href=/>Home</a></li><li class=menu__item><a class=menu__link href=/blog/>Blog</a></li><li class=menu__item><a class=menu__link href=/services/>Services</a></li><li class=menu__item><a class=menu__link href=/uninotes/>UniNotes</a></li><li class=menu__item><a class=menu__link href=/contact/>Contact</a></li></ul></nav></header><main class=main><p><strong>Admin:</strong> hyzen</p><h2 class=heading id=contacts>Contacts<span class=heading__anchor> <a href=#contacts>#</a></span></h2><p><strong><a href=mailto:hyzen@freedoms4.org>Email</a> and <a href=xmpp:hyzen@freedoms4.org>XMPP</a>:</strong> <a href=mailto:hyzen@freedoms4.org>hyzen@freedoms4.org</a></p><p><strong>IRC/Liberachat:</strong> hyzen, #freedoms4</p><h2 class=heading id=follow-on>Follow on<span class=heading__anchor> <a href=#follow-on>#</a></span></h2><p><strong><a href=https://mastodon.social/@hyzen>Mastodon</a>:</strong> <a href=mailto:hyzen@mastodon.social>hyzen@mastodon.social</a></p><p><strong>Lemmy:</strong> <a href=mailto:hyzen@lemmy.today>hyzen@lemmy.today</a></p></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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.uninotes-contents__units {
list-style: none;
padding: 0.6px;
margin: 0.15rem 0 0.3rem 0.75rem;
display: flex;
flex-direction: column;
gap: 0.03rem;
}
.uninotes-contents__unit {
display: flex;
align-items: center;
gap: 0.7rem;
flex-wrap: wrap;
}
.uninotes-contents__unit-link {
font-size: 0.9rem;
color: var(--foreground-color);
text-decoration: none;
}
.uninotes-contents__unit-link:hover {
color: var(--accent-color);
text-decoration: underline;
}
.uninotes-contents__unit-cats {
display: flex;
gap: 0.25rem;
}
.uninotes-contents__cat {
font-size: 0.65rem;
font-weight: 600;
letter-spacing: 0.04em;
padding: 0.1rem 0.45rem;
border-radius: 999px;
border: 1px solid currentColor;
text-decoration: none;
text-transform: uppercase;
}
.uninotes-contents__cat--self {
color: var(--accent-color);
}
.uninotes-contents__cat--self:hover {
background: var(--accent-color);
color: var(--background-color, #fff);
}
.uninotes-contents__cat--live {
color: var(--accent-color);
}
.uninotes-contents__cat--live:hover {
background: var(--accent-color);
color: var(--background-color, #fff);
}
.uninotes-contents__cat--na {
color: var(--foreground-color3, #888);
opacity: 0.45;
cursor: not-allowed;
}
/* ── Unit Choice Page (Self / Live) ─────────────────────────────────────── */
.unit-choice__subtitle {
color: var(--foreground-color3, #888);
margin-bottom: 1.5rem;
font-size: 0.95rem;
}
.unit-choice__options {
display: flex;
gap: 1.2rem;
flex-wrap: wrap;
margin-top: 1rem;
margin-bottom: 2rem;
}
@media (max-width: 600px) {
.unit-choice__options {
flex-direction: column;
align-items: center;
}
.unit-choice__card {
width: 100%;
max-width: 260px;
flex: none;
}
}
.unit-choice__card {
flex: 1;
min-width: 180px;
max-width: 260px;
border: 2px solid var(--accent-color);
border-radius: 12px;
padding: 1.75rem 1.5rem;
text-decoration: none;
color: var(--foreground-color);
display: flex;
flex-direction: column;
align-items: center;
gap: 0.6rem;
transition: background 0.18s ease, color 0.18s ease, transform 0.15s ease;
text-align: center;
cursor: pointer;
}
.unit-choice__card:hover {
background: var(--accent-color);
color: var(--background-color, #fff);
transform: translateY(-2px);
text-decoration: none;
}
/* .unit-choice__card--live intentionally matches .unit-choice__card — no overrides */
.unit-choice__icon {
display: flex;
align-items: center;
justify-content: center;
margin-bottom: 0.3rem;
}
.unit-choice__label {
font-size: 1.25rem;
font-weight: 700;
letter-spacing: 0.01em;
}
.unit-choice__desc {
font-size: 0.8rem;
opacity: 0.72;
line-height: 1.45;
}
/* notecategory pill colour */
.uninotes-meta__pill--self {
border-color: var(--accent-color);
color: var(--accent-color);
}
.uninotes-meta__pill--live {
border-color: var(--accent-color);
color: var(--accent-color);
}
.unit-choice__card--unavailable {
border-color: var(--foreground-color3, #888);
color: var(--foreground-color3, #888);
cursor: not-allowed;
opacity: 0.45;
}
.unit-choice__card--unavailable:hover {
background: transparent;
color: var(--foreground-color3, #888);
transform: none;
}

View File

@@ -7,4 +7,4 @@
<label class=brand__mobile-toggle for=mobile-menu-check aria-label=Menu><svg viewBox="0 0 24 24" width="18" height="18" fill="currentColor"><path d="M3 18h18v-2H3v2zm0-5h18v-2H3v2zm0-7v2h18V6H3z"/></svg></label><div class=brand__mobile-links><a href=/login/ class=mobile-link>Login</a>
<a href=/signup/ class=mobile-link>Sign Up</a>
<a href=/index.xml class="mobile-link mobile-link--subscribe"><svg viewBox="0 0 24 24" width="12" height="12" fill="currentColor" aria-hidden="true"><path d="M6.18 15.64a2.18 2.18.0 012.18 2.18c0 1.19-.98 2.18-2.18 2.18C4.98 20 4 19.01 4 17.82a2.18 2.18.0 012.18-2.18M4 4.44A15.56 15.56.0 0119.56 20h-2.83A12.73 12.73.0 004 7.27V4.44m0 5.66a9.9 9.9.0 019.9 9.9h-2.83A7.07 7.07.0 004 12.93V10.1z"/></svg>
Subscribe</a></div></div></div></div><nav class="menu language"><ul class="menu__list language__list"><li class=menu__item><a class=menu__link href=/>Home</a></li><li class=menu__item><a class=menu__link href=/blog/>Blog</a></li><li class=menu__item><a class=menu__link href=/services/>Services</a></li><li class=menu__item><a class=menu__link href=/uninotes/>UniNotes</a></li><li class=menu__item><a class=menu__link href=/contact/>Contact</a></li></ul></nav></header><main class=main><h1 class=heading id=namaste->Namaste 🙏<span class=heading__anchor> <a href=#namaste->#</a></span></h1><p style=text-indent:1.185em>My name is <b>hyzen</b>, I'm the founder of this site. This site is my space to write about my views on various subjects and explore ideas that matter to me. I also provide free <a href=/services/>services</a> to the public that may matter to them.</p><h3 class=heading id=on-the-blog-im-writing-about>On the <a href=/blog/>blog</a> I&rsquo;m writing about:<span class=heading__anchor> <a href=#on-the-blog-im-writing-about>#</a></span></h3><ul><li><strong>Tech</strong> - Free and Open-Source Software, digital freedom.</li><li><strong>Philosophy</strong> - Reflections on ideas, ethics, meaning, and ways of thinking.</li><li><strong>Communism</strong> - I believe in Marxism. I am committed to the principle of providing internet services in a <b>socialist way</b>. This means creating tools and spaces that prioritize community benefit over profit, and believing in the collective good.</li><li><strong>Politics as a whole</strong> - Commentary on political systems, economics, and social issues.</li></ul><p style=text-indent:1.185em>Beyond theoretical discussions, I may also write about my day-to-day experiences, thoughts, and feelings - the personal reflections that shape my worldview and understanding of the world around me.</p><h3 class=heading id=motive>Motive:<span class=heading__anchor> <a href=#motive>#</a></span></h3><p style=text-indent:1.185em>My goal is for everyone who visits this site to leave with something valuable.</p><h3 class=heading id=sites-code>Site&rsquo;s Code:<span class=heading__anchor> <a href=#sites-code>#</a></span></h3><p style=text-indent:1.185em>This site is also built with open source tools like Hugo and served freely. If you're interested in the code , you can find it <a href=https://git.freedoms4.org/hyzen/hyzendust.github.io target=_blank rel="noopener noreferrer">here↗.</a></p></main><footer class=footer><p class=footer__copyright-notice>&copy; 2026 <a href=https://freedoms4.org>freedoms4.org</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>
Subscribe</a></div></div></div></div><nav class="menu language"><ul class="menu__list language__list"><li class=menu__item><a class=menu__link href=/>Home</a></li><li class=menu__item><a class=menu__link href=/blog/>Blog</a></li><li class=menu__item><a class=menu__link href=/services/>Services</a></li><li class=menu__item><a class=menu__link href=/uninotes/>UniNotes</a></li><li class=menu__item><a class=menu__link href=/contact/>Contact</a></li></ul></nav></header><main class=main><h1 class=heading id=namaste->Namaste 🙏<span class=heading__anchor> <a href=#namaste->#</a></span></h1><p style=text-indent:1.185em>My name is <b>hyzen</b>, I'm the founder of this site. This site is my space to write about my views on various subjects and explore ideas that matter to me. I also provide free <a href=/services/>services</a> to the public that may matter to them.</p><h3 class=heading id=on-the-blog-im-writing-about>On the <a href=/blog/>blog</a> I&rsquo;m writing about:<span class=heading__anchor> <a href=#on-the-blog-im-writing-about>#</a></span></h3><ul><li><strong>Tech</strong> - Free and Open-Source Software, digital freedom.</li><li><strong>Philosophy</strong> - Reflections on ideas, ethics, meaning, and ways of thinking.</li><li><strong>Communism</strong> - I believe in Marxism. I am committed to the principle of providing internet services in a <b>socialist way</b>. This means creating tools and spaces that prioritize community benefit over profit, and believing in the collective good.</li><li><strong>Politics as a whole</strong> - Commentary on political systems, economics, and social issues.</li></ul><p style=text-indent:1.185em>Beyond theoretical discussions, I may also write about my day-to-day experiences, thoughts, and feelings - the personal reflections that shape my worldview and understanding of the world around me.</p><h3 class=heading id=motive>Motive:<span class=heading__anchor> <a href=#motive>#</a></span></h3><p style=text-indent:1.185em>My goal is for everyone who visits this site to leave with something valuable.</p><h3 class=heading id=sites-code>Site&rsquo;s Code:<span class=heading__anchor> <a href=#sites-code>#</a></span></h3><p style=text-indent:1.185em>This site is also built with open source tools like Hugo and served freely. If you're interested in the code , you can find it <a href=https://git.freedoms4.org/hyzen/hyzendust.github.io target=_blank rel="noopener noreferrer">here↗.</a></p></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

View File

@@ -22,9 +22,7 @@
&lt;li&gt;Politics.&lt;/li&gt;
&lt;/ul&gt;
&lt;p&gt;Education as a concept/implementation/system is good.
Academics is good only as a concept. It&amp;rsquo;s implementation and system is always the worst and corrupted.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</link><pubDate>Tue, 11 Nov 2025 23:15:44 +0530</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</guid><description>&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Unit 1 notes go here.&lt;/p&gt;</description></item><item><title>Coming Soon</title><link>https://freedoms4.org/coming-soon/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/coming-soon/</guid><description>&lt;p&gt;This feature is not yet available. Check back later!&lt;/p&gt;</description></item><item><title>Coming soon!</title><link>https://freedoms4.org/login/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/login/</guid><description>&lt;p&gt;The feature is not available yet.&lt;/p&gt;</description></item><item><title>Coming soon!</title><link>https://freedoms4.org/signup/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/signup/</guid><description>&lt;p&gt;The feature is not available yet.&lt;/p&gt;</description></item><item><title>Contact</title><link>https://freedoms4.org/contact/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/contact/</guid><description>&lt;p&gt;&lt;strong&gt;Admin:&lt;/strong&gt; hyzen&lt;/p&gt;
Academics is good only as a concept. It&amp;rsquo;s implementation and system is always the worst and corrupted.&lt;/p&gt;</description></item><item><title>Coming Soon</title><link>https://freedoms4.org/coming-soon/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/coming-soon/</guid><description>&lt;p&gt;This feature is not yet available. Check back later!&lt;/p&gt;</description></item><item><title>Coming soon!</title><link>https://freedoms4.org/login/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/login/</guid><description>&lt;p&gt;The feature is not available yet.&lt;/p&gt;</description></item><item><title>Coming soon!</title><link>https://freedoms4.org/signup/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/signup/</guid><description>&lt;p&gt;The feature is not available yet.&lt;/p&gt;</description></item><item><title>Contact</title><link>https://freedoms4.org/contact/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/contact/</guid><description>&lt;p&gt;&lt;strong&gt;Admin:&lt;/strong&gt; hyzen&lt;/p&gt;
&lt;h2 class="heading" id="contacts"&gt;
Contacts&lt;span class="heading__anchor"&gt; &lt;a href="#contacts"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;&lt;strong&gt;&lt;a href="mailto:hyzen@freedoms4.org"&gt;Email&lt;/a&gt; and &lt;a href="xmpp:hyzen@freedoms4.org"&gt;XMPP&lt;/a&gt;:&lt;/strong&gt; &lt;a href="mailto:hyzen@freedoms4.org"&gt;hyzen@freedoms4.org&lt;/a&gt;&lt;/p&gt;
@@ -34,4 +32,295 @@ Academics is good only as a concept. It&amp;rsquo;s implementation and system is
&lt;/h2&gt;&lt;p&gt;&lt;strong&gt;&lt;a href="https://mastodon.social/@hyzen"&gt;Mastodon&lt;/a&gt;:&lt;/strong&gt; &lt;a href="mailto:hyzen@mastodon.social"&gt;hyzen@mastodon.social&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Lemmy:&lt;/strong&gt; &lt;a href="mailto:hyzen@lemmy.today"&gt;hyzen@lemmy.today&lt;/a&gt;&lt;/p&gt;</description></item><item><title>File share</title><link>https://freedoms4.org/services/file-share/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/services/file-share/</guid><description>&lt;p&gt;Visit &lt;a href="https://share.freedoms4.org" target="_blank" rel="noopener noreferrer"&gt;
share.freedoms4.org↗
&lt;/a&gt; to quickly upload files and get sharable links.&lt;/p&gt;</description></item><item><title>XMPP Account</title><link>https://freedoms4.org/services/xmpp-account/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/services/xmpp-account/</guid><description>&lt;p&gt;Send your desired username to &lt;a href="mailto:hyzen@freedoms4.org"&gt;hyzen@freedoms4.org&lt;/a&gt; via Email (or via XMPP if already have an XMPP account). Account creation can take upto 24 hours.&lt;/p&gt;</description></item></channel></rss>
&lt;/a&gt; to quickly upload files and get sharable links.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</guid><description>&lt;h3 class="heading" id="april-6-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 6, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-6-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="features-and-nature-of-business"&gt;
Features and Nature of Business&lt;span class="heading__anchor"&gt; &lt;a href="#features-and-nature-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Economic Activity.&lt;br&gt;
B) Continuous Activity.&lt;br&gt;
C) Profit Motive.&lt;br&gt;
D) Exchange of goods and services.&lt;br&gt;
E) Customer Orientation.&lt;br&gt;
F) Risk and Uncertainty.&lt;br&gt;
G) Legal and Ethical Compliance.&lt;br&gt;
H) Global.&lt;/p&gt;
&lt;h2 class="heading" id="concept"&gt;
Concept&lt;span class="heading__anchor"&gt; &lt;a href="#concept"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Value Creation.&lt;br&gt;
B) Profit.&lt;br&gt;
C) Social.&lt;br&gt;
D) Organised.&lt;br&gt;
E) Dynanic.&lt;/p&gt;
&lt;h2 class="heading" id="scope"&gt;
Scope&lt;span class="heading__anchor"&gt; &lt;a href="#scope"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-industry"&gt;
A) Industry&lt;span class="heading__anchor"&gt; &lt;a href="#a-industry"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Primary Industry: Extraction of raw material (agriculture, mining).&lt;/li&gt;
&lt;li&gt;Secondary Industry: Manufacturing.&lt;/li&gt;
&lt;li&gt;Tertiary Industry: Service (banking, insurance, transport, delivery)&lt;/li&gt;
&lt;li&gt;Quaternary Sector: Knowledge based services (IT, education/training)&lt;/li&gt;
&lt;li&gt;Quinary Sector: Services of leading roles (Government services, NGOs)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-commerce"&gt;
B) Commerce&lt;span class="heading__anchor"&gt; &lt;a href="#b-commerce"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Trade.&lt;/li&gt;
&lt;li&gt;Auxiliaries to Trade.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-modern-dimensions-of-business"&gt;
C) Modern Dimensions of Business&lt;span class="heading__anchor"&gt; &lt;a href="#c-modern-dimensions-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;E-Business.&lt;/li&gt;
&lt;li&gt;Green Business.&lt;/li&gt;
&lt;li&gt;Social Business.&lt;/li&gt;
&lt;li&gt;Global Business.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="business-as-a-system"&gt;
Business as a System&lt;span class="heading__anchor"&gt; &lt;a href="#business-as-a-system"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Interdependance.&lt;br&gt;
B) Input-Process-Output Model.&lt;br&gt;
C) Open System.&lt;br&gt;
D) Dynamic Nature.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="course-objectives"&gt;
Course Objectives&lt;span class="heading__anchor"&gt; &lt;a href="#course-objectives"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.&lt;br&gt;
B) Examine cost and revenue structures of firms.&lt;/p&gt;
&lt;h2 class="heading" id="definition-of-economics-by-various-individuals"&gt;
Definition of Economics by various individuals&lt;span class="heading__anchor"&gt; &lt;a href="#definition-of-economics-by-various-individuals"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Wealth Definition by Adam Smith.&lt;br&gt;
B) Welfare Definition by Alfred Marshall.&lt;br&gt;
C) Scarcity Definition by Robbins.&lt;br&gt;
D) Growth Defintion by Samuelson.&lt;/p&gt;
&lt;h2 class="heading" id="nature"&gt;
Nature&lt;span class="heading__anchor"&gt; &lt;a href="#nature"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-economics-as-a-science"&gt;
A) Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Positive (what is, based on data and logic)&lt;/li&gt;
&lt;li&gt;Normative (what ought to be, opinions, judgements)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-economics-as-an-art"&gt;
B) Economics as an Art&lt;span class="heading__anchor"&gt; &lt;a href="#b-economics-as-an-art"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Pure (what ought to be, ideals and goals)&lt;/li&gt;
&lt;li&gt;Applied (real world, how to implement)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="a-described-economics-as-a-science"&gt;
A) Described Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-described-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Focuses on laws and cause-and-effect relationships (e.g Law of Demand).&lt;/li&gt;
&lt;li&gt;Models to predict economic outcomes.&lt;/li&gt;
&lt;li&gt;Data analysis, observation, hypothesis.&lt;/li&gt;
&lt;li&gt;Real-world evidence.&lt;/li&gt;
&lt;li&gt;Deductive and Inductive reasoning.&lt;/li&gt;
&lt;/ol&gt;
&lt;ul&gt;
&lt;li&gt;Limitaion: Human behaviour involved.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class="heading" id="methods"&gt;
Methods&lt;span class="heading__anchor"&gt; &lt;a href="#methods"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Inductive (specific -&amp;gt; general).&lt;br&gt;
B) Deductive (general -&amp;gt; specific).&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="theories-on-the-origin-of-language"&gt;
Theories on the Origin of Language&lt;span class="heading__anchor"&gt; &lt;a href="#theories-on-the-origin-of-language"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="types-of-theories"&gt;
Types of Theories&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-theories"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;A) Divine.&lt;br&gt;
B) Bow-Bow.&lt;br&gt;
C) Pooh-Pooh.&lt;br&gt;
D) Ding-Dong.&lt;br&gt;
E) Gesture.&lt;br&gt;
F) Yo-He-Ho.&lt;br&gt;
G) Musical.&lt;br&gt;
H) Tool-Making.&lt;br&gt;
I) Evolutionary.&lt;br&gt;
J) Symbolic.&lt;br&gt;
K) Contemporary Perspective.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="characteristics-of-management"&gt;
Characteristics of Management&lt;span class="heading__anchor"&gt; &lt;a href="#characteristics-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Goal Oriented.&lt;br&gt;
B) Pervasive.&lt;br&gt;
C) Multidimentional:&lt;br&gt;
         (i) Management of People.&lt;br&gt;
         (ii) Management of Operations.&lt;br&gt;
D) Continuous.&lt;br&gt;
E) Dynamic.&lt;br&gt;
F) Group Activity.&lt;br&gt;
G) Intangible.&lt;/p&gt;
&lt;h2 class="heading" id="functions-of-management"&gt;
Functions of Management&lt;span class="heading__anchor"&gt; &lt;a href="#functions-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Planning.&lt;br&gt;
B) Organising.&lt;br&gt;
C) Staffing.&lt;br&gt;
D) Directing.&lt;br&gt;
E) Controlling.&lt;/p&gt;
&lt;h3 class="heading" id="a-planning"&gt;
A) Planning&lt;span class="heading__anchor"&gt; &lt;a href="#a-planning"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Determine the goals or mission of the organisation.&lt;/li&gt;
&lt;li&gt;Forecast future conditions.&lt;/li&gt;
&lt;li&gt;Select the best course of action.&lt;/li&gt;
&lt;li&gt;Formulate policies, procedures, budgets.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-organising"&gt;
B) Organising&lt;span class="heading__anchor"&gt; &lt;a href="#b-organising"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Identify and analyse activities required to be operated on.&lt;/li&gt;
&lt;li&gt;Group similar activities.&lt;/li&gt;
&lt;li&gt;Assign duties to individuals.&lt;/li&gt;
&lt;li&gt;Delegate authority and responsibility to the individuals in managerial roles.&lt;/li&gt;
&lt;li&gt;Establish and announce clear authority relationships to ensure coordination and control.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-staffing"&gt;
C) Staffing&lt;span class="heading__anchor"&gt; &lt;a href="#c-staffing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Recruitment and selection.&lt;/li&gt;
&lt;li&gt;Training.&lt;/li&gt;
&lt;li&gt;Performance appraisal.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-directing"&gt;
D) Directing&lt;span class="heading__anchor"&gt; &lt;a href="#d-directing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Leadership and supervision.&lt;/li&gt;
&lt;li&gt;Motivation.&lt;/li&gt;
&lt;li&gt;Communication.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-controlling"&gt;
E) Controlling&lt;span class="heading__anchor"&gt; &lt;a href="#e-controlling"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Establish performance standards.&lt;/li&gt;
&lt;li&gt;Measure performance.&lt;/li&gt;
&lt;li&gt;Compare performance with the standards.&lt;/li&gt;
&lt;li&gt;Identify reasons for deviations.&lt;/li&gt;
&lt;li&gt;Implement corrective actions.&lt;/li&gt;
&lt;li&gt;Use feedback to evaluate performance improvement.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="significance-of-management"&gt;
Significance of Management&lt;span class="heading__anchor"&gt; &lt;a href="#significance-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Optimum unilization of resources.&lt;br&gt;
B) Minimisation of costs.&lt;br&gt;
C) Achievement of group goals.&lt;br&gt;
D) Organisational stability.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="primary-sector"&gt;
Primary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#primary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.&lt;/p&gt;
&lt;h2 class="heading" id="secondary-sector"&gt;
Secondary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#secondary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-utility"&gt;
Types of Utility&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Form Utility&lt;br&gt;
B) Place&lt;br&gt;
C) Time&lt;br&gt;
D) Possession&lt;/p&gt;
&lt;h2 class="heading" id="law-of-deminishing-marginal-utility"&gt;
Law of Deminishing Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-deminishing-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-equi-marginal-utility"&gt;
Law of Equi-Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-equi-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-demand"&gt;
Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Price and Quantity demanded for a product is inversely related.&lt;/p&gt;
&lt;h2 class="heading" id="exceptions-of-law-of-demand"&gt;
Exceptions of Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#exceptions-of-law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Assumption of increase in price.&lt;br&gt;
B) Status goods or Veblen goods.&lt;br&gt;
C) Giffen goods.&lt;br&gt;
D) War.&lt;br&gt;
E) Economic depression.
F) Essential goods.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="behaviors-of-managers"&gt;
Behaviors of Managers&lt;span class="heading__anchor"&gt; &lt;a href="#behaviors-of-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-coaching-managers"&gt;
A) Coaching managers&lt;span class="heading__anchor"&gt; &lt;a href="#a-coaching-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;Educating every employee of the organisation.&lt;/li&gt;
&lt;li&gt;Looking after the long-term professional development of their employees.&lt;/li&gt;
&lt;li&gt;Bringing the team together whilst also evaluating each individual&amp;rsquo;s progress.&lt;/li&gt;
&lt;/ul&gt;
&lt;h3 class="heading" id="b-authoritative-managers"&gt;
B) Authoritative managers&lt;span class="heading__anchor"&gt; &lt;a href="#b-authoritative-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:&lt;/p&gt;</description></item><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-co-operatives-formed"&gt;
Types of co-operatives formed&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-co-operatives-formed"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Consumer co-operatives.&lt;br&gt;
B) Producer co-operatives.&lt;br&gt;
C) Marketing co-operatives.&lt;br&gt;
D) Housing co-operatives.&lt;br&gt;
E) Credit co-operatives.&lt;br&gt;
F) Cooperative Farming Societies.&lt;/p&gt;
&lt;h2 class="heading" id="types-of-companies"&gt;
Types of Companies&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-companies"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-on-the-basis-of-incorporation"&gt;
A) On the Basis of Incorporation&lt;span class="heading__anchor"&gt; &lt;a href="#a-on-the-basis-of-incorporation"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Chartered Companies: Formed under a Royal Charter or special charter issued by the
monarch (no longer applicable in India).&lt;/li&gt;
&lt;li&gt;Statutory Companies: Created by a special Act of Parliament or State Legislature. Example:
Reserve Bank of India (RBI), Life Insurance Corporation (LIC).&lt;/li&gt;
&lt;li&gt;Registered Companies: Incorporated under the Companies Act, 2013. This includes almost
all modern business entities in India.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-on-the-basis-of-liability"&gt;
B) On the Basis of Liability&lt;span class="heading__anchor"&gt; &lt;a href="#b-on-the-basis-of-liability"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Company Limited by Shares [Section 2(22)].&lt;/li&gt;
&lt;li&gt;Company Limited by Guarantee [Section 2(21)].&lt;/li&gt;
&lt;li&gt;Unlimited Liability Company [Section 2(92)].&lt;/li&gt;
&lt;li&gt;Company Limited by Both Guarantee and Shares.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-on-the-basis-of-ownership"&gt;
C) On the Basis of Ownership&lt;span class="heading__anchor"&gt; &lt;a href="#c-on-the-basis-of-ownership"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Private Company (Section 2(68)).&lt;/li&gt;
&lt;li&gt;Public Company (Section 2(71)).&lt;/li&gt;
&lt;li&gt;One Person Company (Section 2(62)).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-on-the-basis-of-control"&gt;
D) On the Basis of Control&lt;span class="heading__anchor"&gt; &lt;a href="#d-on-the-basis-of-control"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control.&lt;/li&gt;
&lt;li&gt;Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover
(subsidiary of Tata Motors).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-on-the-basis-of-nationality"&gt;
E) On the Basis of Nationality&lt;span class="heading__anchor"&gt; &lt;a href="#e-on-the-basis-of-nationality"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Indian Company: Incorporated under the Companies Act, 2013 and managed in India.&lt;/li&gt;
&lt;li&gt;Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="f-on-the-basis-of-purpose"&gt;
F) On the Basis of Purpose&lt;span class="heading__anchor"&gt; &lt;a href="#f-on-the-basis-of-purpose"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;For-Profit Companies.&lt;/li&gt;
&lt;li&gt;Non-Profit Companies (Section 8): Established for charitable, educational, or social
purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.&lt;/li&gt;
&lt;/ol&gt;</description></item><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="classical-approach-comprised-the-following-three-approaches"&gt;
Classical approach comprised the following three approaches:&lt;span class="heading__anchor"&gt; &lt;a href="#classical-approach-comprised-the-following-three-approaches"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-scientific-management"&gt;
A) Scientific Management&lt;span class="heading__anchor"&gt; &lt;a href="#a-scientific-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;In scientific management, scientific methods are used to study and analyse the problems in factories and businesses. It involves the use of rational methods, understanding issues, and finding relevant &amp;amp; practical solutions. The main contribution in scientific management is of Frederick Winslow Taylor, who is well renowned as The father of scientific management.&lt;/p&gt;
&lt;h3 class="heading" id="b-administration-management"&gt;
B) Administration Management&lt;span class="heading__anchor"&gt; &lt;a href="#b-administration-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;It is mainly related to the performance of managers and has defined various functions of administration. In administration management, the emphasis is laid on evaluating the existing processes, identifying the underlying principles, and developing the management theories. These functions are interlinked and help managers perform effectively. The major contribution towards administration management is from Henry Fayol.&lt;/p&gt;</description></item><item><title>XMPP Account</title><link>https://freedoms4.org/services/xmpp-account/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/services/xmpp-account/</guid><description>&lt;p&gt;Send your desired username to &lt;a href="mailto:hyzen@freedoms4.org"&gt;hyzen@freedoms4.org&lt;/a&gt; via Email (or via XMPP if already have an XMPP account). Account creation can take upto 24 hours.&lt;/p&gt;</description></item></channel></rss>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Semester on Freedoms4</title><link>https://freedoms4.org/semester/</link><description>Recent content in Semester on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><lastBuildDate>Tue, 11 Nov 2025 23:15:44 +0530</lastBuildDate><atom:link href="https://freedoms4.org/semester/index.xml" rel="self" type="application/rss+xml"/><item><title>S1</title><link>https://freedoms4.org/semester/s1/</link><pubDate>Tue, 11 Nov 2025 23:15:44 +0530</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/semester/s1/</guid><description/></item></channel></rss>
<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Semester on Freedoms4</title><link>https://freedoms4.org/semester/</link><description>Recent content in Semester on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/semester/index.xml" rel="self" type="application/rss+xml"/><item><title>S1</title><link>https://freedoms4.org/uninotes/s1/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/</guid><description/></item><item><title>S2</title><link>https://freedoms4.org/uninotes/s2/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s2/</guid><description/></item><item><title>S3</title><link>https://freedoms4.org/uninotes/s3/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s3/</guid><description/></item><item><title>S4</title><link>https://freedoms4.org/uninotes/s4/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s4/</guid><description/></item><item><title>S5</title><link>https://freedoms4.org/uninotes/s5/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s5/</guid><description/></item><item><title>S6</title><link>https://freedoms4.org/uninotes/s6/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s6/</guid><description/></item></channel></rss>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>S1 on Freedoms4</title><link>https://freedoms4.org/semester/s1/</link><description>Recent content in S1 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><lastBuildDate>Tue, 11 Nov 2025 23:15:44 +0530</lastBuildDate><atom:link href="https://freedoms4.org/semester/s1/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</link><pubDate>Tue, 11 Nov 2025 23:15:44 +0530</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</guid><description>&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Unit 1 notes go here.&lt;/p&gt;</description></item></channel></rss>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Subject Code on Freedoms4</title><link>https://freedoms4.org/subjectcode/</link><description>Recent content in Subject Code on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/subjectcode/index.xml" rel="self" type="application/rss+xml"/><item><title>BO DCM1109</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/</guid><description/></item><item><title>ET DCM1107</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/</guid><description/></item><item><title>FA DCM1108</title><link>https://freedoms4.org/uninotes/s1/fa-dcm1108/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/fa-dcm1108/</guid><description/></item><item><title>GE DCM1106</title><link>https://freedoms4.org/uninotes/s1/ge-dcm1106/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/ge-dcm1106/</guid><description/></item><item><title>PBM DCM1110</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/</guid><description/></item></channel></rss>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>PBM DCM1110 on Freedoms4</title><link>https://freedoms4.org/subjectcode/pbm-dcm1110/</link><description>Recent content in PBM DCM1110 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><lastBuildDate>Tue, 11 Nov 2025 23:15:44 +0530</lastBuildDate><atom:link href="https://freedoms4.org/subjectcode/pbm-dcm1110/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</link><pubDate>Tue, 11 Nov 2025 23:15:44 +0530</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</guid><description>&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Unit 1 notes go here.&lt;/p&gt;</description></item></channel></rss>

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Subscribe</a></div></div></div></div><nav class="menu language"><ul class="menu__list language__list"><li class=menu__item><a class=menu__link href=/>Home</a></li><li class=menu__item><a class=menu__link href=/blog/>Blog</a></li><li class=menu__item><a class=menu__link href=/services/>Services</a></li><li class=menu__item><a class=menu__link href=/uninotes/>UniNotes</a></li><li class=menu__item><a class=menu__link href=/contact/>Contact</a></li></ul></nav></header><main class=main><nav class="uninotes-breadcrumbs breadcrumbs"><a href=/uninotes/>UniNotes</a></nav><h1>UniNotes</h1><h3>Contents</h3><div class=uninotes-contents><div class=uninotes-contents__semester><a class=uninotes-contents__sem-link href=/uninotes/s1/>S1</a><div class=uninotes-contents__subject><a class=uninotes-contents__subject-link href=/uninotes/s1/bo-dcm1109/>BO DCM1109</a><ul class=uninotes-contents__units><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/bo-dcm1109/unit1/>Unit 1</a>
<span class=uninotes-contents__unit-cats><a class="uninotes-contents__cat uninotes-contents__cat--self" href=/uninotes/s1/bo-dcm1109/unit1/self/>Self</a>
<span class="uninotes-contents__cat uninotes-contents__cat--na">Live</span></span></li><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/bo-dcm1109/unit2/>Unit 2</a>
<span class=uninotes-contents__unit-cats><a class="uninotes-contents__cat uninotes-contents__cat--self" href=/uninotes/s1/bo-dcm1109/unit2/self/>Self</a>
<span class="uninotes-contents__cat uninotes-contents__cat--na">Live</span></span></li><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/bo-dcm1109/unit3/>Unit 3</a>
<span class=uninotes-contents__unit-cats><a class="uninotes-contents__cat uninotes-contents__cat--self" href=/uninotes/s1/bo-dcm1109/unit3/self/>Self</a>
<span class="uninotes-contents__cat uninotes-contents__cat--na">Live</span></span></li></ul></div><div class=uninotes-contents__subject><a class=uninotes-contents__subject-link href=/uninotes/s1/et-dcm1107/>ET DCM1107</a><ul class=uninotes-contents__units><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/et-dcm1107/unit1/>Unit 1</a>
<span class=uninotes-contents__unit-cats><span class="uninotes-contents__cat uninotes-contents__cat--na">Self</span>
<a class="uninotes-contents__cat uninotes-contents__cat--live" href=/uninotes/s1/et-dcm1107/unit1/live/>Live</a></span></li><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/et-dcm1107/unit2/>Unit 2</a>
<span class=uninotes-contents__unit-cats><span class="uninotes-contents__cat uninotes-contents__cat--na">Self</span>
<a class="uninotes-contents__cat uninotes-contents__cat--live" href=/uninotes/s1/et-dcm1107/unit2/live/>Live</a></span></li></ul></div><div class=uninotes-contents__subject><a class=uninotes-contents__subject-link href=/uninotes/s1/ge-dcm1106/>GE DCM1106</a><ul class=uninotes-contents__units><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/ge-dcm1106/unit1/>Unit 1</a>
<span class=uninotes-contents__unit-cats><span class="uninotes-contents__cat uninotes-contents__cat--na">Self</span>
<a class="uninotes-contents__cat uninotes-contents__cat--live" href=/uninotes/s1/ge-dcm1106/unit1/live/>Live</a></span></li></ul></div><div class=uninotes-contents__subject><a class=uninotes-contents__subject-link href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a><ul class=uninotes-contents__units><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/pbm-dcm1110/unit1/>Unit 1</a>
<span class=uninotes-contents__unit-cats><a class="uninotes-contents__cat uninotes-contents__cat--self" href=/uninotes/s1/pbm-dcm1110/unit1/self/>Self</a>
<a class="uninotes-contents__cat uninotes-contents__cat--live" href=/uninotes/s1/pbm-dcm1110/unit1/live/>Live</a></span></li><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/pbm-dcm1110/unit2/>Unit 2</a>
<span class=uninotes-contents__unit-cats><a class="uninotes-contents__cat uninotes-contents__cat--self" href=/uninotes/s1/pbm-dcm1110/unit2/self/>Self</a>
<span class="uninotes-contents__cat uninotes-contents__cat--na">Live</span></span></li><li class=uninotes-contents__unit><a class=uninotes-contents__unit-link href=/uninotes/s1/pbm-dcm1110/unit3/>Unit 3</a>
<span class=uninotes-contents__unit-cats><a class="uninotes-contents__cat uninotes-contents__cat--self" href=/uninotes/s1/pbm-dcm1110/unit3/self/>Self</a>
<span class="uninotes-contents__cat uninotes-contents__cat--na">Live</span></span></li></ul></div></div></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>UniNotes on Freedoms4</title><link>https://freedoms4.org/uninotes/</link><description>Recent content in UniNotes on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><lastBuildDate>Tue, 11 Nov 2025 23:15:44 +0530</lastBuildDate><atom:link href="https://freedoms4.org/uninotes/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</link><pubDate>Tue, 11 Nov 2025 23:15:44 +0530</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/pbm-dcm1110-unit1/</guid><description>&lt;h2 class="heading" id="introduction"&gt;
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<span>BO DCM1109</span></nav><h1>BO DCM1109</h1><ul class="uninotes-list uninotes-list--units"><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/bo-dcm1109/unit1/>Unit 1</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/bo-dcm1109/unit2/>Unit 2</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/bo-dcm1109/unit3/>Unit 3</a></li></ul><nav class=page-nav><a class=page-nav__next-link href=/uninotes/s1/et-dcm1107/>ET DCM1107 →</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>BO DCM1109 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/</link><description>Recent content in BO DCM1109 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/bo-dcm1109/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</guid><description>&lt;h3 class="heading" id="april-6-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 6, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-6-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="features-and-nature-of-business"&gt;
Features and Nature of Business&lt;span class="heading__anchor"&gt; &lt;a href="#features-and-nature-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Economic Activity.&lt;br&gt;
B) Continuous Activity.&lt;br&gt;
C) Profit Motive.&lt;br&gt;
D) Exchange of goods and services.&lt;br&gt;
E) Customer Orientation.&lt;br&gt;
F) Risk and Uncertainty.&lt;br&gt;
G) Legal and Ethical Compliance.&lt;br&gt;
H) Global.&lt;/p&gt;
&lt;h2 class="heading" id="concept"&gt;
Concept&lt;span class="heading__anchor"&gt; &lt;a href="#concept"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Value Creation.&lt;br&gt;
B) Profit.&lt;br&gt;
C) Social.&lt;br&gt;
D) Organised.&lt;br&gt;
E) Dynanic.&lt;/p&gt;
&lt;h2 class="heading" id="scope"&gt;
Scope&lt;span class="heading__anchor"&gt; &lt;a href="#scope"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-industry"&gt;
A) Industry&lt;span class="heading__anchor"&gt; &lt;a href="#a-industry"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Primary Industry: Extraction of raw material (agriculture, mining).&lt;/li&gt;
&lt;li&gt;Secondary Industry: Manufacturing.&lt;/li&gt;
&lt;li&gt;Tertiary Industry: Service (banking, insurance, transport, delivery)&lt;/li&gt;
&lt;li&gt;Quaternary Sector: Knowledge based services (IT, education/training)&lt;/li&gt;
&lt;li&gt;Quinary Sector: Services of leading roles (Government services, NGOs)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-commerce"&gt;
B) Commerce&lt;span class="heading__anchor"&gt; &lt;a href="#b-commerce"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Trade.&lt;/li&gt;
&lt;li&gt;Auxiliaries to Trade.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-modern-dimensions-of-business"&gt;
C) Modern Dimensions of Business&lt;span class="heading__anchor"&gt; &lt;a href="#c-modern-dimensions-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;E-Business.&lt;/li&gt;
&lt;li&gt;Green Business.&lt;/li&gt;
&lt;li&gt;Social Business.&lt;/li&gt;
&lt;li&gt;Global Business.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="business-as-a-system"&gt;
Business as a System&lt;span class="heading__anchor"&gt; &lt;a href="#business-as-a-system"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Interdependance.&lt;br&gt;
B) Input-Process-Output Model.&lt;br&gt;
C) Open System.&lt;br&gt;
D) Dynamic Nature.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="primary-sector"&gt;
Primary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#primary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.&lt;/p&gt;
&lt;h2 class="heading" id="secondary-sector"&gt;
Secondary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#secondary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.&lt;/p&gt;</description></item><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-co-operatives-formed"&gt;
Types of co-operatives formed&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-co-operatives-formed"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Consumer co-operatives.&lt;br&gt;
B) Producer co-operatives.&lt;br&gt;
C) Marketing co-operatives.&lt;br&gt;
D) Housing co-operatives.&lt;br&gt;
E) Credit co-operatives.&lt;br&gt;
F) Cooperative Farming Societies.&lt;/p&gt;
&lt;h2 class="heading" id="types-of-companies"&gt;
Types of Companies&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-companies"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-on-the-basis-of-incorporation"&gt;
A) On the Basis of Incorporation&lt;span class="heading__anchor"&gt; &lt;a href="#a-on-the-basis-of-incorporation"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Chartered Companies: Formed under a Royal Charter or special charter issued by the
monarch (no longer applicable in India).&lt;/li&gt;
&lt;li&gt;Statutory Companies: Created by a special Act of Parliament or State Legislature. Example:
Reserve Bank of India (RBI), Life Insurance Corporation (LIC).&lt;/li&gt;
&lt;li&gt;Registered Companies: Incorporated under the Companies Act, 2013. This includes almost
all modern business entities in India.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-on-the-basis-of-liability"&gt;
B) On the Basis of Liability&lt;span class="heading__anchor"&gt; &lt;a href="#b-on-the-basis-of-liability"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Company Limited by Shares [Section 2(22)].&lt;/li&gt;
&lt;li&gt;Company Limited by Guarantee [Section 2(21)].&lt;/li&gt;
&lt;li&gt;Unlimited Liability Company [Section 2(92)].&lt;/li&gt;
&lt;li&gt;Company Limited by Both Guarantee and Shares.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-on-the-basis-of-ownership"&gt;
C) On the Basis of Ownership&lt;span class="heading__anchor"&gt; &lt;a href="#c-on-the-basis-of-ownership"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Private Company (Section 2(68)).&lt;/li&gt;
&lt;li&gt;Public Company (Section 2(71)).&lt;/li&gt;
&lt;li&gt;One Person Company (Section 2(62)).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-on-the-basis-of-control"&gt;
D) On the Basis of Control&lt;span class="heading__anchor"&gt; &lt;a href="#d-on-the-basis-of-control"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control.&lt;/li&gt;
&lt;li&gt;Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover
(subsidiary of Tata Motors).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-on-the-basis-of-nationality"&gt;
E) On the Basis of Nationality&lt;span class="heading__anchor"&gt; &lt;a href="#e-on-the-basis-of-nationality"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Indian Company: Incorporated under the Companies Act, 2013 and managed in India.&lt;/li&gt;
&lt;li&gt;Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="f-on-the-basis-of-purpose"&gt;
F) On the Basis of Purpose&lt;span class="heading__anchor"&gt; &lt;a href="#f-on-the-basis-of-purpose"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;For-Profit Companies.&lt;/li&gt;
&lt;li&gt;Non-Profit Companies (Section 8): Established for charitable, educational, or social
purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.&lt;/li&gt;
&lt;/ol&gt;</description></item></channel></rss>

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<span>Unit 1</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 1 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/</link><description>Recent content in Unit 1 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</guid><description>&lt;h3 class="heading" id="april-6-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 6, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-6-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="features-and-nature-of-business"&gt;
Features and Nature of Business&lt;span class="heading__anchor"&gt; &lt;a href="#features-and-nature-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Economic Activity.&lt;br&gt;
B) Continuous Activity.&lt;br&gt;
C) Profit Motive.&lt;br&gt;
D) Exchange of goods and services.&lt;br&gt;
E) Customer Orientation.&lt;br&gt;
F) Risk and Uncertainty.&lt;br&gt;
G) Legal and Ethical Compliance.&lt;br&gt;
H) Global.&lt;/p&gt;
&lt;h2 class="heading" id="concept"&gt;
Concept&lt;span class="heading__anchor"&gt; &lt;a href="#concept"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Value Creation.&lt;br&gt;
B) Profit.&lt;br&gt;
C) Social.&lt;br&gt;
D) Organised.&lt;br&gt;
E) Dynanic.&lt;/p&gt;
&lt;h2 class="heading" id="scope"&gt;
Scope&lt;span class="heading__anchor"&gt; &lt;a href="#scope"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-industry"&gt;
A) Industry&lt;span class="heading__anchor"&gt; &lt;a href="#a-industry"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Primary Industry: Extraction of raw material (agriculture, mining).&lt;/li&gt;
&lt;li&gt;Secondary Industry: Manufacturing.&lt;/li&gt;
&lt;li&gt;Tertiary Industry: Service (banking, insurance, transport, delivery)&lt;/li&gt;
&lt;li&gt;Quaternary Sector: Knowledge based services (IT, education/training)&lt;/li&gt;
&lt;li&gt;Quinary Sector: Services of leading roles (Government services, NGOs)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-commerce"&gt;
B) Commerce&lt;span class="heading__anchor"&gt; &lt;a href="#b-commerce"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Trade.&lt;/li&gt;
&lt;li&gt;Auxiliaries to Trade.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-modern-dimensions-of-business"&gt;
C) Modern Dimensions of Business&lt;span class="heading__anchor"&gt; &lt;a href="#c-modern-dimensions-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;E-Business.&lt;/li&gt;
&lt;li&gt;Green Business.&lt;/li&gt;
&lt;li&gt;Social Business.&lt;/li&gt;
&lt;li&gt;Global Business.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="business-as-a-system"&gt;
Business as a System&lt;span class="heading__anchor"&gt; &lt;a href="#business-as-a-system"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Interdependance.&lt;br&gt;
B) Input-Process-Output Model.&lt;br&gt;
C) Open System.&lt;br&gt;
D) Dynamic Nature.&lt;/p&gt;</description></item></channel></rss>

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<span>Unit 2</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>BO DCM1109</span></div><h1>Unit 2</h1><p class=unit-choice__subtitle>Choose type:</p><div class=unit-choice__options><a class="unit-choice__card unit-choice__card--self" href=/uninotes/s1/bo-dcm1109/unit2/self/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M12 3 1 9l4 2.18v6L12 21l7-3.82v-6l2-1.09V17h2V9L12 3zm6.82 6L12 12.72 5.18 9 12 5.28 18.82 9zM17 15.99l-5 2.73-5-2.73v-3.72L12 15l5-2.73v3.72z"/></svg></div><div class=unit-choice__label>Self</div><div class=unit-choice__desc>Self-study notes</div></a><div class="unit-choice__card unit-choice__card--live unit-choice__card--unavailable"><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M17 10.5V7c0-.55-.45-1-1-1H4c-.55.0-1 .45-1 1v10c0 .55.45 1 1 1h12c.55.0 1-.45 1-1v-3.5l4 4v-11l-4 4z"/></svg></div><div class=unit-choice__label>Live</div><div class=unit-choice__desc>Not available</div></div></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 2 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/</link><description>Recent content in Unit 2 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="primary-sector"&gt;
Primary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#primary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.&lt;/p&gt;
&lt;h2 class="heading" id="secondary-sector"&gt;
Secondary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#secondary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.&lt;/p&gt;</description></item></channel></rss>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 2 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 12, 2026 # Primary Sector # The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.
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Secondary Sector # The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 2"><meta itemprop=description content="April 12, 2026 # Primary Sector # The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.
Secondary Sector # The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase."><meta itemprop=wordCount content="89"><meta itemprop=keywords content="S1,BO DCM1109"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<a href=/uninotes/s1/bo-dcm1109/>BO DCM1109</a>
<a href=/uninotes/s1/bo-dcm1109/unit2/>Unit 2</a>
<span>Self</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>BO DCM1109</span>
<span class="uninotes-meta__pill uninotes-meta__pill--self">Self</span></div><h1>Unit 2</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-12-2026><em><strong>April 12, 2026</strong></em></a></li></ul></li><li><a href=#primary-sector>Primary Sector</a></li><li><a href=#secondary-sector>Secondary Sector</a></li><li><a href=#tertiary-sector>Tertiary Sector</a></li></ul></nav></details><h3 class=heading id=april-12-2026><em><strong>April 12, 2026</strong></em><span class=heading__anchor> <a href=#april-12-2026>#</a></span></h3><h2 class=heading id=primary-sector>Primary Sector<span class=heading__anchor> <a href=#primary-sector>#</a></span></h2><p>The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.</p><h2 class=heading id=secondary-sector>Secondary Sector<span class=heading__anchor> <a href=#secondary-sector>#</a></span></h2><p>The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.</p><h2 class=heading id=tertiary-sector>Tertiary Sector<span class=heading__anchor> <a href=#tertiary-sector>#</a></span></h2><p>This involves the provision of services to businesses as well as final consumers.</p><nav class=page-nav><a class=page-nav__previous-link href=/uninotes/s1/bo-dcm1109/unit1/>← Unit 1</a>
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<a href=/uninotes/s1/bo-dcm1109/>BO DCM1109</a>
<span>Unit 3</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>BO DCM1109</span></div><h1>Unit 3</h1><p class=unit-choice__subtitle>Choose type:</p><div class=unit-choice__options><a class="unit-choice__card unit-choice__card--self" href=/uninotes/s1/bo-dcm1109/unit3/self/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M12 3 1 9l4 2.18v6L12 21l7-3.82v-6l2-1.09V17h2V9L12 3zm6.82 6L12 12.72 5.18 9 12 5.28 18.82 9zM17 15.99l-5 2.73-5-2.73v-3.72L12 15l5-2.73v3.72z"/></svg></div><div class=unit-choice__label>Self</div><div class=unit-choice__desc>Self-study notes</div></a><div class="unit-choice__card unit-choice__card--live unit-choice__card--unavailable"><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M17 10.5V7c0-.55-.45-1-1-1H4c-.55.0-1 .45-1 1v10c0 .55.45 1 1 1h12c.55.0 1-.45 1-1v-3.5l4 4v-11l-4 4z"/></svg></div><div class=unit-choice__label>Live</div><div class=unit-choice__desc>Not available</div></div></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 3 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/</link><description>Recent content in Unit 3 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-co-operatives-formed"&gt;
Types of co-operatives formed&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-co-operatives-formed"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Consumer co-operatives.&lt;br&gt;
B) Producer co-operatives.&lt;br&gt;
C) Marketing co-operatives.&lt;br&gt;
D) Housing co-operatives.&lt;br&gt;
E) Credit co-operatives.&lt;br&gt;
F) Cooperative Farming Societies.&lt;/p&gt;
&lt;h2 class="heading" id="types-of-companies"&gt;
Types of Companies&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-companies"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-on-the-basis-of-incorporation"&gt;
A) On the Basis of Incorporation&lt;span class="heading__anchor"&gt; &lt;a href="#a-on-the-basis-of-incorporation"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Chartered Companies: Formed under a Royal Charter or special charter issued by the
monarch (no longer applicable in India).&lt;/li&gt;
&lt;li&gt;Statutory Companies: Created by a special Act of Parliament or State Legislature. Example:
Reserve Bank of India (RBI), Life Insurance Corporation (LIC).&lt;/li&gt;
&lt;li&gt;Registered Companies: Incorporated under the Companies Act, 2013. This includes almost
all modern business entities in India.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-on-the-basis-of-liability"&gt;
B) On the Basis of Liability&lt;span class="heading__anchor"&gt; &lt;a href="#b-on-the-basis-of-liability"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Company Limited by Shares [Section 2(22)].&lt;/li&gt;
&lt;li&gt;Company Limited by Guarantee [Section 2(21)].&lt;/li&gt;
&lt;li&gt;Unlimited Liability Company [Section 2(92)].&lt;/li&gt;
&lt;li&gt;Company Limited by Both Guarantee and Shares.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-on-the-basis-of-ownership"&gt;
C) On the Basis of Ownership&lt;span class="heading__anchor"&gt; &lt;a href="#c-on-the-basis-of-ownership"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Private Company (Section 2(68)).&lt;/li&gt;
&lt;li&gt;Public Company (Section 2(71)).&lt;/li&gt;
&lt;li&gt;One Person Company (Section 2(62)).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-on-the-basis-of-control"&gt;
D) On the Basis of Control&lt;span class="heading__anchor"&gt; &lt;a href="#d-on-the-basis-of-control"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control.&lt;/li&gt;
&lt;li&gt;Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover
(subsidiary of Tata Motors).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-on-the-basis-of-nationality"&gt;
E) On the Basis of Nationality&lt;span class="heading__anchor"&gt; &lt;a href="#e-on-the-basis-of-nationality"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Indian Company: Incorporated under the Companies Act, 2013 and managed in India.&lt;/li&gt;
&lt;li&gt;Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="f-on-the-basis-of-purpose"&gt;
F) On the Basis of Purpose&lt;span class="heading__anchor"&gt; &lt;a href="#f-on-the-basis-of-purpose"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;For-Profit Companies.&lt;/li&gt;
&lt;li&gt;Non-Profit Companies (Section 8): Established for charitable, educational, or social
purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.&lt;/li&gt;
&lt;/ol&gt;</description></item></channel></rss>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 3 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 15, 2026 # Types of co-operatives formed # A) Consumer co-operatives.
B) Producer co-operatives.
C) Marketing co-operatives.
D) Housing co-operatives.
E) Credit co-operatives.
F) Cooperative Farming Societies.
Types of Companies # A) On the Basis of Incorporation # Chartered Companies: Formed under a Royal Charter or special charter issued by the monarch (no longer applicable in India). Statutory Companies: Created by a special Act of Parliament or State Legislature. Example: Reserve Bank of India (RBI), Life Insurance Corporation (LIC). Registered Companies: Incorporated under the Companies Act, 2013. This includes almost all modern business entities in India. B) On the Basis of Liability # Company Limited by Shares [Section 2(22)]. Company Limited by Guarantee [Section 2(21)]. Unlimited Liability Company [Section 2(92)]. Company Limited by Both Guarantee and Shares. C) On the Basis of Ownership # Private Company (Section 2(68)). Public Company (Section 2(71)). One Person Company (Section 2(62)). D) On the Basis of Control # Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control. Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover (subsidiary of Tata Motors). E) On the Basis of Nationality # Indian Company: Incorporated under the Companies Act, 2013 and managed in India. Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd. F) On the Basis of Purpose # For-Profit Companies. Non-Profit Companies (Section 8): Established for charitable, educational, or social purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation. "><meta property="og:url" content="https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 3"><meta property="og:description" content="April 15, 2026 # Types of co-operatives formed # A) Consumer co-operatives.
B) Producer co-operatives.
C) Marketing co-operatives.
D) Housing co-operatives.
E) Credit co-operatives.
F) Cooperative Farming Societies.
Types of Companies # A) On the Basis of Incorporation # Chartered Companies: Formed under a Royal Charter or special charter issued by the monarch (no longer applicable in India). Statutory Companies: Created by a special Act of Parliament or State Legislature. Example: Reserve Bank of India (RBI), Life Insurance Corporation (LIC). Registered Companies: Incorporated under the Companies Act, 2013. This includes almost all modern business entities in India. B) On the Basis of Liability # Company Limited by Shares [Section 2(22)]. Company Limited by Guarantee [Section 2(21)]. Unlimited Liability Company [Section 2(92)]. Company Limited by Both Guarantee and Shares. C) On the Basis of Ownership # Private Company (Section 2(68)). Public Company (Section 2(71)). One Person Company (Section 2(62)). D) On the Basis of Control # Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control. Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover (subsidiary of Tata Motors). E) On the Basis of Nationality # Indian Company: Incorporated under the Companies Act, 2013 and managed in India. Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd. F) On the Basis of Purpose # For-Profit Companies. Non-Profit Companies (Section 8): Established for charitable, educational, or social purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 3"><meta itemprop=description content="April 15, 2026 # Types of co-operatives formed # A) Consumer co-operatives.
B) Producer co-operatives.
C) Marketing co-operatives.
D) Housing co-operatives.
E) Credit co-operatives.
F) Cooperative Farming Societies.
Types of Companies # A) On the Basis of Incorporation # Chartered Companies: Formed under a Royal Charter or special charter issued by the monarch (no longer applicable in India). Statutory Companies: Created by a special Act of Parliament or State Legislature. Example: Reserve Bank of India (RBI), Life Insurance Corporation (LIC). Registered Companies: Incorporated under the Companies Act, 2013. This includes almost all modern business entities in India. B) On the Basis of Liability # Company Limited by Shares [Section 2(22)]. Company Limited by Guarantee [Section 2(21)]. Unlimited Liability Company [Section 2(92)]. Company Limited by Both Guarantee and Shares. C) On the Basis of Ownership # Private Company (Section 2(68)). Public Company (Section 2(71)). One Person Company (Section 2(62)). D) On the Basis of Control # Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control. Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover (subsidiary of Tata Motors). E) On the Basis of Nationality # Indian Company: Incorporated under the Companies Act, 2013 and managed in India. Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd. F) On the Basis of Purpose # For-Profit Companies. Non-Profit Companies (Section 8): Established for charitable, educational, or social purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation."><meta itemprop=wordCount content="254"><meta itemprop=keywords content="S1,BO DCM1109"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/bo-dcm1109/>BO DCM1109</a>
<a href=/uninotes/s1/bo-dcm1109/unit3/>Unit 3</a>
<span>Self</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>BO DCM1109</span>
<span class="uninotes-meta__pill uninotes-meta__pill--self">Self</span></div><h1>Unit 3</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-15-2026><em><strong>April 15, 2026</strong></em></a></li></ul></li><li><a href=#types-of-co-operatives-formed>Types of co-operatives formed</a></li><li><a href=#types-of-companies>Types of Companies</a><ul><li><a href=#a-on-the-basis-of-incorporation>A) On the Basis of Incorporation</a></li><li><a href=#b-on-the-basis-of-liability>B) On the Basis of Liability</a></li><li><a href=#c-on-the-basis-of-ownership>C) On the Basis of Ownership</a></li><li><a href=#d-on-the-basis-of-control>D) On the Basis of Control</a></li><li><a href=#e-on-the-basis-of-nationality>E) On the Basis of Nationality</a></li><li><a href=#f-on-the-basis-of-purpose>F) On the Basis of Purpose</a></li></ul></li></ul></nav></details><h3 class=heading id=april-15-2026><em><strong>April 15, 2026</strong></em><span class=heading__anchor> <a href=#april-15-2026>#</a></span></h3><h2 class=heading id=types-of-co-operatives-formed>Types of co-operatives formed<span class=heading__anchor> <a href=#types-of-co-operatives-formed>#</a></span></h2><p>A) Consumer co-operatives.<br>B) Producer co-operatives.<br>C) Marketing co-operatives.<br>D) Housing co-operatives.<br>E) Credit co-operatives.<br>F) Cooperative Farming Societies.</p><h2 class=heading id=types-of-companies>Types of Companies<span class=heading__anchor> <a href=#types-of-companies>#</a></span></h2><h3 class=heading id=a-on-the-basis-of-incorporation>A) On the Basis of Incorporation<span class=heading__anchor> <a href=#a-on-the-basis-of-incorporation>#</a></span></h3><ol><li>Chartered Companies: Formed under a Royal Charter or special charter issued by the
monarch (no longer applicable in India).</li><li>Statutory Companies: Created by a special Act of Parliament or State Legislature. Example:
Reserve Bank of India (RBI), Life Insurance Corporation (LIC).</li><li>Registered Companies: Incorporated under the Companies Act, 2013. This includes almost
all modern business entities in India.</li></ol><h3 class=heading id=b-on-the-basis-of-liability>B) On the Basis of Liability<span class=heading__anchor> <a href=#b-on-the-basis-of-liability>#</a></span></h3><ol><li>Company Limited by Shares [Section 2(22)].</li><li>Company Limited by Guarantee [Section 2(21)].</li><li>Unlimited Liability Company [Section 2(92)].</li><li>Company Limited by Both Guarantee and Shares.</li></ol><h3 class=heading id=c-on-the-basis-of-ownership>C) On the Basis of Ownership<span class=heading__anchor> <a href=#c-on-the-basis-of-ownership>#</a></span></h3><ol><li>Private Company (Section 2(68)).</li><li>Public Company (Section 2(71)).</li><li>One Person Company (Section 2(62)).</li></ol><h3 class=heading id=d-on-the-basis-of-control>D) On the Basis of Control<span class=heading__anchor> <a href=#d-on-the-basis-of-control>#</a></span></h3><ol><li>Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control.</li><li>Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover
(subsidiary of Tata Motors).</li></ol><h3 class=heading id=e-on-the-basis-of-nationality>E) On the Basis of Nationality<span class=heading__anchor> <a href=#e-on-the-basis-of-nationality>#</a></span></h3><ol><li>Indian Company: Incorporated under the Companies Act, 2013 and managed in India.</li><li>Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd.</li></ol><h3 class=heading id=f-on-the-basis-of-purpose>F) On the Basis of Purpose<span class=heading__anchor> <a href=#f-on-the-basis-of-purpose>#</a></span></h3><ol><li>For-Profit Companies.</li><li>Non-Profit Companies (Section 8): Established for charitable, educational, or social
purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.</li></ol><nav class=page-nav><a class=page-nav__previous-link href=/uninotes/s1/bo-dcm1109/unit2/>← Unit 2</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<a href=/uninotes/s1/>S1</a>
<span>ET DCM1107</span></nav><h1>ET DCM1107</h1><ul class="uninotes-list uninotes-list--units"><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/et-dcm1107/unit1/>Unit 1</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/et-dcm1107/unit2/>Unit 2</a></li></ul><nav class=page-nav><a class=page-nav__previous-link href=/uninotes/s1/bo-dcm1109/>← BO DCM1109</a>
<a class=page-nav__next-link href=/uninotes/s1/ge-dcm1106/>GE DCM1106 →</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>ET DCM1107 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/</link><description>Recent content in ET DCM1107 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/et-dcm1107/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="course-objectives"&gt;
Course Objectives&lt;span class="heading__anchor"&gt; &lt;a href="#course-objectives"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.&lt;br&gt;
B) Examine cost and revenue structures of firms.&lt;/p&gt;
&lt;h2 class="heading" id="definition-of-economics-by-various-individuals"&gt;
Definition of Economics by various individuals&lt;span class="heading__anchor"&gt; &lt;a href="#definition-of-economics-by-various-individuals"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Wealth Definition by Adam Smith.&lt;br&gt;
B) Welfare Definition by Alfred Marshall.&lt;br&gt;
C) Scarcity Definition by Robbins.&lt;br&gt;
D) Growth Defintion by Samuelson.&lt;/p&gt;
&lt;h2 class="heading" id="nature"&gt;
Nature&lt;span class="heading__anchor"&gt; &lt;a href="#nature"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-economics-as-a-science"&gt;
A) Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Positive (what is, based on data and logic)&lt;/li&gt;
&lt;li&gt;Normative (what ought to be, opinions, judgements)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-economics-as-an-art"&gt;
B) Economics as an Art&lt;span class="heading__anchor"&gt; &lt;a href="#b-economics-as-an-art"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Pure (what ought to be, ideals and goals)&lt;/li&gt;
&lt;li&gt;Applied (real world, how to implement)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="a-described-economics-as-a-science"&gt;
A) Described Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-described-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Focuses on laws and cause-and-effect relationships (e.g Law of Demand).&lt;/li&gt;
&lt;li&gt;Models to predict economic outcomes.&lt;/li&gt;
&lt;li&gt;Data analysis, observation, hypothesis.&lt;/li&gt;
&lt;li&gt;Real-world evidence.&lt;/li&gt;
&lt;li&gt;Deductive and Inductive reasoning.&lt;/li&gt;
&lt;/ol&gt;
&lt;ul&gt;
&lt;li&gt;Limitaion: Human behaviour involved.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class="heading" id="methods"&gt;
Methods&lt;span class="heading__anchor"&gt; &lt;a href="#methods"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Inductive (specific -&amp;gt; general).&lt;br&gt;
B) Deductive (general -&amp;gt; specific).&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-utility"&gt;
Types of Utility&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Form Utility&lt;br&gt;
B) Place&lt;br&gt;
C) Time&lt;br&gt;
D) Possession&lt;/p&gt;
&lt;h2 class="heading" id="law-of-deminishing-marginal-utility"&gt;
Law of Deminishing Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-deminishing-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-equi-marginal-utility"&gt;
Law of Equi-Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-equi-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-demand"&gt;
Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Price and Quantity demanded for a product is inversely related.&lt;/p&gt;
&lt;h2 class="heading" id="exceptions-of-law-of-demand"&gt;
Exceptions of Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#exceptions-of-law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Assumption of increase in price.&lt;br&gt;
B) Status goods or Veblen goods.&lt;br&gt;
C) Giffen goods.&lt;br&gt;
D) War.&lt;br&gt;
E) Economic depression.
F) Essential goods.&lt;/p&gt;</description></item></channel></rss>

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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/et-dcm1107/>ET DCM1107</a>
<span>Unit 1</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>ET DCM1107</span></div><h1>Unit 1</h1><p class=unit-choice__subtitle>Choose type:</p><div class=unit-choice__options><div class="unit-choice__card unit-choice__card--self unit-choice__card--unavailable"><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M12 3 1 9l4 2.18v6L12 21l7-3.82v-6l2-1.09V17h2V9L12 3zm6.82 6L12 12.72 5.18 9 12 5.28 18.82 9zM17 15.99l-5 2.73-5-2.73v-3.72L12 15l5-2.73v3.72z"/></svg></div><div class=unit-choice__label>Self</div><div class=unit-choice__desc>Not available</div></div><a class="unit-choice__card unit-choice__card--live" href=/uninotes/s1/et-dcm1107/unit1/live/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M17 10.5V7c0-.55-.45-1-1-1H4c-.55.0-1 .45-1 1v10c0 .55.45 1 1 1h12c.55.0 1-.45 1-1v-3.5l4 4v-11l-4 4z"/></svg></div><div class=unit-choice__label>Live</div><div class=unit-choice__desc>Live class notes</div></a></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 1 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/</link><description>Recent content in Unit 1 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="course-objectives"&gt;
Course Objectives&lt;span class="heading__anchor"&gt; &lt;a href="#course-objectives"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.&lt;br&gt;
B) Examine cost and revenue structures of firms.&lt;/p&gt;
&lt;h2 class="heading" id="definition-of-economics-by-various-individuals"&gt;
Definition of Economics by various individuals&lt;span class="heading__anchor"&gt; &lt;a href="#definition-of-economics-by-various-individuals"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Wealth Definition by Adam Smith.&lt;br&gt;
B) Welfare Definition by Alfred Marshall.&lt;br&gt;
C) Scarcity Definition by Robbins.&lt;br&gt;
D) Growth Defintion by Samuelson.&lt;/p&gt;
&lt;h2 class="heading" id="nature"&gt;
Nature&lt;span class="heading__anchor"&gt; &lt;a href="#nature"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-economics-as-a-science"&gt;
A) Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Positive (what is, based on data and logic)&lt;/li&gt;
&lt;li&gt;Normative (what ought to be, opinions, judgements)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-economics-as-an-art"&gt;
B) Economics as an Art&lt;span class="heading__anchor"&gt; &lt;a href="#b-economics-as-an-art"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Pure (what ought to be, ideals and goals)&lt;/li&gt;
&lt;li&gt;Applied (real world, how to implement)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="a-described-economics-as-a-science"&gt;
A) Described Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-described-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Focuses on laws and cause-and-effect relationships (e.g Law of Demand).&lt;/li&gt;
&lt;li&gt;Models to predict economic outcomes.&lt;/li&gt;
&lt;li&gt;Data analysis, observation, hypothesis.&lt;/li&gt;
&lt;li&gt;Real-world evidence.&lt;/li&gt;
&lt;li&gt;Deductive and Inductive reasoning.&lt;/li&gt;
&lt;/ol&gt;
&lt;ul&gt;
&lt;li&gt;Limitaion: Human behaviour involved.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class="heading" id="methods"&gt;
Methods&lt;span class="heading__anchor"&gt; &lt;a href="#methods"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Inductive (specific -&amp;gt; general).&lt;br&gt;
B) Deductive (general -&amp;gt; specific).&lt;/p&gt;</description></item></channel></rss>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 1 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 5, 2026 # Course Objectives # A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.
B) Examine cost and revenue structures of firms.
Definition of Economics by various individuals # A) Wealth Definition by Adam Smith.
B) Welfare Definition by Alfred Marshall.
C) Scarcity Definition by Robbins.
D) Growth Defintion by Samuelson.
Nature # A) Economics as a Science # Positive (what is, based on data and logic) Normative (what ought to be, opinions, judgements) B) Economics as an Art # Pure (what ought to be, ideals and goals) Applied (real world, how to implement) A) Described Economics as a Science # Focuses on laws and cause-and-effect relationships (e.g Law of Demand). Models to predict economic outcomes. Data analysis, observation, hypothesis. Real-world evidence. Deductive and Inductive reasoning. Limitaion: Human behaviour involved. Methods # A) Inductive (specific -> general).
B) Deductive (general -> specific)."><meta property="og:url" content="https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 1"><meta property="og:description" content="April 5, 2026 # Course Objectives # A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.
B) Examine cost and revenue structures of firms.
Definition of Economics by various individuals # A) Wealth Definition by Adam Smith.
B) Welfare Definition by Alfred Marshall.
C) Scarcity Definition by Robbins.
D) Growth Defintion by Samuelson.
Nature # A) Economics as a Science # Positive (what is, based on data and logic) Normative (what ought to be, opinions, judgements) B) Economics as an Art # Pure (what ought to be, ideals and goals) Applied (real world, how to implement) A) Described Economics as a Science # Focuses on laws and cause-and-effect relationships (e.g Law of Demand). Models to predict economic outcomes. Data analysis, observation, hypothesis. Real-world evidence. Deductive and Inductive reasoning. Limitaion: Human behaviour involved. Methods # A) Inductive (specific -> general).
B) Deductive (general -> specific)."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 1"><meta itemprop=description content="April 5, 2026 # Course Objectives # A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.
B) Examine cost and revenue structures of firms.
Definition of Economics by various individuals # A) Wealth Definition by Adam Smith.
B) Welfare Definition by Alfred Marshall.
C) Scarcity Definition by Robbins.
D) Growth Defintion by Samuelson.
Nature # A) Economics as a Science # Positive (what is, based on data and logic) Normative (what ought to be, opinions, judgements) B) Economics as an Art # Pure (what ought to be, ideals and goals) Applied (real world, how to implement) A) Described Economics as a Science # Focuses on laws and cause-and-effect relationships (e.g Law of Demand). Models to predict economic outcomes. Data analysis, observation, hypothesis. Real-world evidence. Deductive and Inductive reasoning. Limitaion: Human behaviour involved. Methods # A) Inductive (specific -> general).
B) Deductive (general -> specific)."><meta itemprop=wordCount content="179"><meta itemprop=keywords content="S1,ET DCM1107"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/et-dcm1107/>ET DCM1107</a>
<a href=/uninotes/s1/et-dcm1107/unit1/>Unit 1</a>
<span>Live</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>ET DCM1107</span>
<span class="uninotes-meta__pill uninotes-meta__pill--live">Live</span></div><h1>Unit 1</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-5-2026><em><strong>April 5, 2026</strong></em></a></li></ul></li><li><a href=#course-objectives>Course Objectives</a></li><li><a href=#definition-of-economics-by-various-individuals>Definition of Economics by various individuals</a></li><li><a href=#nature>Nature</a><ul><li><a href=#a-economics-as-a-science>A) Economics as a Science</a></li><li><a href=#b-economics-as-an-art>B) Economics as an Art</a></li><li><a href=#a-described-economics-as-a-science>A) Described Economics as a Science</a></li></ul></li><li><a href=#methods>Methods</a><ul><li><a href=#a-inductive>A) Inductive</a></li><li><a href=#b-deductive>B) Deductive</a></li></ul></li></ul></nav></details><h3 class=heading id=april-5-2026><em><strong>April 5, 2026</strong></em><span class=heading__anchor> <a href=#april-5-2026>#</a></span></h3><h2 class=heading id=course-objectives>Course Objectives<span class=heading__anchor> <a href=#course-objectives>#</a></span></h2><p>A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.<br>B) Examine cost and revenue structures of firms.</p><h2 class=heading id=definition-of-economics-by-various-individuals>Definition of Economics by various individuals<span class=heading__anchor> <a href=#definition-of-economics-by-various-individuals>#</a></span></h2><p>A) Wealth Definition by Adam Smith.<br>B) Welfare Definition by Alfred Marshall.<br>C) Scarcity Definition by Robbins.<br>D) Growth Defintion by Samuelson.</p><h2 class=heading id=nature>Nature<span class=heading__anchor> <a href=#nature>#</a></span></h2><h3 class=heading id=a-economics-as-a-science>A) Economics as a Science<span class=heading__anchor> <a href=#a-economics-as-a-science>#</a></span></h3><ol><li>Positive (what is, based on data and logic)</li><li>Normative (what ought to be, opinions, judgements)</li></ol><h3 class=heading id=b-economics-as-an-art>B) Economics as an Art<span class=heading__anchor> <a href=#b-economics-as-an-art>#</a></span></h3><ol><li>Pure (what ought to be, ideals and goals)</li><li>Applied (real world, how to implement)</li></ol><h3 class=heading id=a-described-economics-as-a-science>A) Described Economics as a Science<span class=heading__anchor> <a href=#a-described-economics-as-a-science>#</a></span></h3><ol><li>Focuses on laws and cause-and-effect relationships (e.g Law of Demand).</li><li>Models to predict economic outcomes.</li><li>Data analysis, observation, hypothesis.</li><li>Real-world evidence.</li><li>Deductive and Inductive reasoning.</li></ol><ul><li>Limitaion: Human behaviour involved.</li></ul><h2 class=heading id=methods>Methods<span class=heading__anchor> <a href=#methods>#</a></span></h2><p>A) Inductive (specific -> general).<br>B) Deductive (general -> specific).</p><h3 class=heading id=a-inductive>A) Inductive<span class=heading__anchor> <a href=#a-inductive>#</a></span></h3><ol><li>Real-world observation, identify problem.</li><li>Collect data, analyze and find patterns.</li><li>Formulate and test generalisations.</li></ol><h3 class=heading id=b-deductive>B) Deductive<span class=heading__anchor> <a href=#b-deductive>#</a></span></h3><ol><li>Identify the general problem.</li><li>Assumptions, formulate hypothesis.</li><li>Verify using data.</li></ol><nav class=page-nav><a class=page-nav__next-link href=/uninotes/s1/et-dcm1107/unit2/>Unit 2 →</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/et-dcm1107/>ET DCM1107</a>
<span>Unit 2</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>ET DCM1107</span></div><h1>Unit 2</h1><p class=unit-choice__subtitle>Choose type:</p><div class=unit-choice__options><div class="unit-choice__card unit-choice__card--self unit-choice__card--unavailable"><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M12 3 1 9l4 2.18v6L12 21l7-3.82v-6l2-1.09V17h2V9L12 3zm6.82 6L12 12.72 5.18 9 12 5.28 18.82 9zM17 15.99l-5 2.73-5-2.73v-3.72L12 15l5-2.73v3.72z"/></svg></div><div class=unit-choice__label>Self</div><div class=unit-choice__desc>Not available</div></div><a class="unit-choice__card unit-choice__card--live" href=/uninotes/s1/et-dcm1107/unit2/live/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M17 10.5V7c0-.55-.45-1-1-1H4c-.55.0-1 .45-1 1v10c0 .55.45 1 1 1h12c.55.0 1-.45 1-1v-3.5l4 4v-11l-4 4z"/></svg></div><div class=unit-choice__label>Live</div><div class=unit-choice__desc>Live class notes</div></a></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 2 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/</link><description>Recent content in Unit 2 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-utility"&gt;
Types of Utility&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Form Utility&lt;br&gt;
B) Place&lt;br&gt;
C) Time&lt;br&gt;
D) Possession&lt;/p&gt;
&lt;h2 class="heading" id="law-of-deminishing-marginal-utility"&gt;
Law of Deminishing Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-deminishing-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-equi-marginal-utility"&gt;
Law of Equi-Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-equi-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-demand"&gt;
Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Price and Quantity demanded for a product is inversely related.&lt;/p&gt;
&lt;h2 class="heading" id="exceptions-of-law-of-demand"&gt;
Exceptions of Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#exceptions-of-law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Assumption of increase in price.&lt;br&gt;
B) Status goods or Veblen goods.&lt;br&gt;
C) Giffen goods.&lt;br&gt;
D) War.&lt;br&gt;
E) Economic depression.
F) Essential goods.&lt;/p&gt;</description></item></channel></rss>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 2 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 12, 2026 # Types of Utility # A) Form Utility
B) Place
C) Time
D) Possession
Law of Deminishing Marginal Utility # Law of Equi-Marginal Utility # Law of Demand # Price and Quantity demanded for a product is inversely related.
Exceptions of Law of Demand # A) Assumption of increase in price.
B) Status goods or Veblen goods.
C) Giffen goods.
D) War.
E) Economic depression. F) Essential goods."><meta property="og:url" content="https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 2"><meta property="og:description" content="April 12, 2026 # Types of Utility # A) Form Utility
B) Place
C) Time
D) Possession
Law of Deminishing Marginal Utility # Law of Equi-Marginal Utility # Law of Demand # Price and Quantity demanded for a product is inversely related.
Exceptions of Law of Demand # A) Assumption of increase in price.
B) Status goods or Veblen goods.
C) Giffen goods.
D) War.
E) Economic depression. F) Essential goods."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 2"><meta itemprop=description content="April 12, 2026 # Types of Utility # A) Form Utility
B) Place
C) Time
D) Possession
Law of Deminishing Marginal Utility # Law of Equi-Marginal Utility # Law of Demand # Price and Quantity demanded for a product is inversely related.
Exceptions of Law of Demand # A) Assumption of increase in price.
B) Status goods or Veblen goods.
C) Giffen goods.
D) War.
E) Economic depression. F) Essential goods."><meta itemprop=wordCount content="71"><meta itemprop=keywords content="S1,ET DCM1107"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/et-dcm1107/>ET DCM1107</a>
<a href=/uninotes/s1/et-dcm1107/unit2/>Unit 2</a>
<span>Live</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>ET DCM1107</span>
<span class="uninotes-meta__pill uninotes-meta__pill--live">Live</span></div><h1>Unit 2</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-12-2026><em><strong>April 12, 2026</strong></em></a></li></ul></li><li><a href=#types-of-utility>Types of Utility</a></li><li><a href=#law-of-deminishing-marginal-utility>Law of Deminishing Marginal Utility</a></li><li><a href=#law-of-equi-marginal-utility>Law of Equi-Marginal Utility</a></li><li><a href=#law-of-demand>Law of Demand</a></li><li><a href=#exceptions-of-law-of-demand>Exceptions of Law of Demand</a></li></ul></nav></details><h3 class=heading id=april-12-2026><em><strong>April 12, 2026</strong></em><span class=heading__anchor> <a href=#april-12-2026>#</a></span></h3><h2 class=heading id=types-of-utility>Types of Utility<span class=heading__anchor> <a href=#types-of-utility>#</a></span></h2><p>A) Form Utility<br>B) Place<br>C) Time<br>D) Possession</p><h2 class=heading id=law-of-deminishing-marginal-utility>Law of Deminishing Marginal Utility<span class=heading__anchor> <a href=#law-of-deminishing-marginal-utility>#</a></span></h2><h2 class=heading id=law-of-equi-marginal-utility>Law of Equi-Marginal Utility<span class=heading__anchor> <a href=#law-of-equi-marginal-utility>#</a></span></h2><h2 class=heading id=law-of-demand>Law of Demand<span class=heading__anchor> <a href=#law-of-demand>#</a></span></h2><p>Price and Quantity demanded for a product is inversely related.</p><h2 class=heading id=exceptions-of-law-of-demand>Exceptions of Law of Demand<span class=heading__anchor> <a href=#exceptions-of-law-of-demand>#</a></span></h2><p>A) Assumption of increase in price.<br>B) Status goods or Veblen goods.<br>C) Giffen goods.<br>D) War.<br>E) Economic depression.
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<span>GE DCM1106</span></nav><h1>GE DCM1106</h1><ul class="uninotes-list uninotes-list--units"><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/ge-dcm1106/unit1/>Unit 1</a></li></ul><nav class=page-nav><a class=page-nav__previous-link href=/uninotes/s1/et-dcm1107/>← ET DCM1107</a>
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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>GE DCM1106 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/ge-dcm1106/</link><description>Recent content in GE DCM1106 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/ge-dcm1106/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="theories-on-the-origin-of-language"&gt;
Theories on the Origin of Language&lt;span class="heading__anchor"&gt; &lt;a href="#theories-on-the-origin-of-language"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="types-of-theories"&gt;
Types of Theories&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-theories"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;A) Divine.&lt;br&gt;
B) Bow-Bow.&lt;br&gt;
C) Pooh-Pooh.&lt;br&gt;
D) Ding-Dong.&lt;br&gt;
E) Gesture.&lt;br&gt;
F) Yo-He-Ho.&lt;br&gt;
G) Musical.&lt;br&gt;
H) Tool-Making.&lt;br&gt;
I) Evolutionary.&lt;br&gt;
J) Symbolic.&lt;br&gt;
K) Contemporary Perspective.&lt;/p&gt;</description></item></channel></rss>

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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/ge-dcm1106/>GE DCM1106</a>
<a href=/uninotes/s1/ge-dcm1106/unit1/>Unit 1</a>
<span>Live</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>GE DCM1106</span>
<span class="uninotes-meta__pill uninotes-meta__pill--live">Live</span></div><h1>Unit 1</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-12-2026><em><strong>April 12, 2026</strong></em></a></li></ul></li><li><a href=#theories-on-the-origin-of-language>Theories on the Origin of Language</a><ul><li><a href=#types-of-theories>Types of Theories</a></li></ul></li></ul></nav></details><h3 class=heading id=april-12-2026><em><strong>April 12, 2026</strong></em><span class=heading__anchor> <a href=#april-12-2026>#</a></span></h3><h2 class=heading id=theories-on-the-origin-of-language>Theories on the Origin of Language<span class=heading__anchor> <a href=#theories-on-the-origin-of-language>#</a></span></h2><h3 class=heading id=types-of-theories>Types of Theories<span class=heading__anchor> <a href=#types-of-theories>#</a></span></h3><p>A) Divine.<br>B) Bow-Bow.<br>C) Pooh-Pooh.<br>D) Ding-Dong.<br>E) Gesture.<br>F) Yo-He-Ho.<br>G) Musical.<br>H) Tool-Making.<br>I) Evolutionary.<br>J) Symbolic.<br>K) Contemporary Perspective.</p></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<span>S1</span></nav><h1>S1</h1><ol class="uninotes-list uninotes-list--subjects"><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/bo-dcm1109/>BO DCM1109</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/et-dcm1107/>ET DCM1107</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/ge-dcm1106/>GE DCM1106</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a></li></ol></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>S1 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/</link><description>Recent content in S1 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit1/self/</guid><description>&lt;h3 class="heading" id="april-6-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 6, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-6-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="features-and-nature-of-business"&gt;
Features and Nature of Business&lt;span class="heading__anchor"&gt; &lt;a href="#features-and-nature-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Economic Activity.&lt;br&gt;
B) Continuous Activity.&lt;br&gt;
C) Profit Motive.&lt;br&gt;
D) Exchange of goods and services.&lt;br&gt;
E) Customer Orientation.&lt;br&gt;
F) Risk and Uncertainty.&lt;br&gt;
G) Legal and Ethical Compliance.&lt;br&gt;
H) Global.&lt;/p&gt;
&lt;h2 class="heading" id="concept"&gt;
Concept&lt;span class="heading__anchor"&gt; &lt;a href="#concept"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Value Creation.&lt;br&gt;
B) Profit.&lt;br&gt;
C) Social.&lt;br&gt;
D) Organised.&lt;br&gt;
E) Dynanic.&lt;/p&gt;
&lt;h2 class="heading" id="scope"&gt;
Scope&lt;span class="heading__anchor"&gt; &lt;a href="#scope"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-industry"&gt;
A) Industry&lt;span class="heading__anchor"&gt; &lt;a href="#a-industry"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Primary Industry: Extraction of raw material (agriculture, mining).&lt;/li&gt;
&lt;li&gt;Secondary Industry: Manufacturing.&lt;/li&gt;
&lt;li&gt;Tertiary Industry: Service (banking, insurance, transport, delivery)&lt;/li&gt;
&lt;li&gt;Quaternary Sector: Knowledge based services (IT, education/training)&lt;/li&gt;
&lt;li&gt;Quinary Sector: Services of leading roles (Government services, NGOs)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-commerce"&gt;
B) Commerce&lt;span class="heading__anchor"&gt; &lt;a href="#b-commerce"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Trade.&lt;/li&gt;
&lt;li&gt;Auxiliaries to Trade.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-modern-dimensions-of-business"&gt;
C) Modern Dimensions of Business&lt;span class="heading__anchor"&gt; &lt;a href="#c-modern-dimensions-of-business"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;E-Business.&lt;/li&gt;
&lt;li&gt;Green Business.&lt;/li&gt;
&lt;li&gt;Social Business.&lt;/li&gt;
&lt;li&gt;Global Business.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="business-as-a-system"&gt;
Business as a System&lt;span class="heading__anchor"&gt; &lt;a href="#business-as-a-system"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Interdependance.&lt;br&gt;
B) Input-Process-Output Model.&lt;br&gt;
C) Open System.&lt;br&gt;
D) Dynamic Nature.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit1/live/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="course-objectives"&gt;
Course Objectives&lt;span class="heading__anchor"&gt; &lt;a href="#course-objectives"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Develop analytical skills for interpreting consumer decision-making and market behaviour using economic tools.&lt;br&gt;
B) Examine cost and revenue structures of firms.&lt;/p&gt;
&lt;h2 class="heading" id="definition-of-economics-by-various-individuals"&gt;
Definition of Economics by various individuals&lt;span class="heading__anchor"&gt; &lt;a href="#definition-of-economics-by-various-individuals"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Wealth Definition by Adam Smith.&lt;br&gt;
B) Welfare Definition by Alfred Marshall.&lt;br&gt;
C) Scarcity Definition by Robbins.&lt;br&gt;
D) Growth Defintion by Samuelson.&lt;/p&gt;
&lt;h2 class="heading" id="nature"&gt;
Nature&lt;span class="heading__anchor"&gt; &lt;a href="#nature"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-economics-as-a-science"&gt;
A) Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Positive (what is, based on data and logic)&lt;/li&gt;
&lt;li&gt;Normative (what ought to be, opinions, judgements)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-economics-as-an-art"&gt;
B) Economics as an Art&lt;span class="heading__anchor"&gt; &lt;a href="#b-economics-as-an-art"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Pure (what ought to be, ideals and goals)&lt;/li&gt;
&lt;li&gt;Applied (real world, how to implement)&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="a-described-economics-as-a-science"&gt;
A) Described Economics as a Science&lt;span class="heading__anchor"&gt; &lt;a href="#a-described-economics-as-a-science"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Focuses on laws and cause-and-effect relationships (e.g Law of Demand).&lt;/li&gt;
&lt;li&gt;Models to predict economic outcomes.&lt;/li&gt;
&lt;li&gt;Data analysis, observation, hypothesis.&lt;/li&gt;
&lt;li&gt;Real-world evidence.&lt;/li&gt;
&lt;li&gt;Deductive and Inductive reasoning.&lt;/li&gt;
&lt;/ol&gt;
&lt;ul&gt;
&lt;li&gt;Limitaion: Human behaviour involved.&lt;/li&gt;
&lt;/ul&gt;
&lt;h2 class="heading" id="methods"&gt;
Methods&lt;span class="heading__anchor"&gt; &lt;a href="#methods"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Inductive (specific -&amp;gt; general).&lt;br&gt;
B) Deductive (general -&amp;gt; specific).&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/ge-dcm1106/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="theories-on-the-origin-of-language"&gt;
Theories on the Origin of Language&lt;span class="heading__anchor"&gt; &lt;a href="#theories-on-the-origin-of-language"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="types-of-theories"&gt;
Types of Theories&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-theories"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;A) Divine.&lt;br&gt;
B) Bow-Bow.&lt;br&gt;
C) Pooh-Pooh.&lt;br&gt;
D) Ding-Dong.&lt;br&gt;
E) Gesture.&lt;br&gt;
F) Yo-He-Ho.&lt;br&gt;
G) Musical.&lt;br&gt;
H) Tool-Making.&lt;br&gt;
I) Evolutionary.&lt;br&gt;
J) Symbolic.&lt;br&gt;
K) Contemporary Perspective.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="characteristics-of-management"&gt;
Characteristics of Management&lt;span class="heading__anchor"&gt; &lt;a href="#characteristics-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Goal Oriented.&lt;br&gt;
B) Pervasive.&lt;br&gt;
C) Multidimentional:&lt;br&gt;
         (i) Management of People.&lt;br&gt;
         (ii) Management of Operations.&lt;br&gt;
D) Continuous.&lt;br&gt;
E) Dynamic.&lt;br&gt;
F) Group Activity.&lt;br&gt;
G) Intangible.&lt;/p&gt;
&lt;h2 class="heading" id="functions-of-management"&gt;
Functions of Management&lt;span class="heading__anchor"&gt; &lt;a href="#functions-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Planning.&lt;br&gt;
B) Organising.&lt;br&gt;
C) Staffing.&lt;br&gt;
D) Directing.&lt;br&gt;
E) Controlling.&lt;/p&gt;
&lt;h3 class="heading" id="a-planning"&gt;
A) Planning&lt;span class="heading__anchor"&gt; &lt;a href="#a-planning"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Determine the goals or mission of the organisation.&lt;/li&gt;
&lt;li&gt;Forecast future conditions.&lt;/li&gt;
&lt;li&gt;Select the best course of action.&lt;/li&gt;
&lt;li&gt;Formulate policies, procedures, budgets.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-organising"&gt;
B) Organising&lt;span class="heading__anchor"&gt; &lt;a href="#b-organising"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Identify and analyse activities required to be operated on.&lt;/li&gt;
&lt;li&gt;Group similar activities.&lt;/li&gt;
&lt;li&gt;Assign duties to individuals.&lt;/li&gt;
&lt;li&gt;Delegate authority and responsibility to the individuals in managerial roles.&lt;/li&gt;
&lt;li&gt;Establish and announce clear authority relationships to ensure coordination and control.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-staffing"&gt;
C) Staffing&lt;span class="heading__anchor"&gt; &lt;a href="#c-staffing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Recruitment and selection.&lt;/li&gt;
&lt;li&gt;Training.&lt;/li&gt;
&lt;li&gt;Performance appraisal.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-directing"&gt;
D) Directing&lt;span class="heading__anchor"&gt; &lt;a href="#d-directing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Leadership and supervision.&lt;/li&gt;
&lt;li&gt;Motivation.&lt;/li&gt;
&lt;li&gt;Communication.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-controlling"&gt;
E) Controlling&lt;span class="heading__anchor"&gt; &lt;a href="#e-controlling"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Establish performance standards.&lt;/li&gt;
&lt;li&gt;Measure performance.&lt;/li&gt;
&lt;li&gt;Compare performance with the standards.&lt;/li&gt;
&lt;li&gt;Identify reasons for deviations.&lt;/li&gt;
&lt;li&gt;Implement corrective actions.&lt;/li&gt;
&lt;li&gt;Use feedback to evaluate performance improvement.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="significance-of-management"&gt;
Significance of Management&lt;span class="heading__anchor"&gt; &lt;a href="#significance-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Optimum unilization of resources.&lt;br&gt;
B) Minimisation of costs.&lt;br&gt;
C) Achievement of group goals.&lt;br&gt;
D) Organisational stability.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="primary-sector"&gt;
Primary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#primary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Primary Sector comprises the delivery of raw materials up to the finished product. Industries in this sector include mining for oil, coal, iron, and other minerals; Forestry, agriculture, fish farming and land reclamation, etc.&lt;/p&gt;
&lt;h2 class="heading" id="secondary-sector"&gt;
Secondary Sector&lt;span class="heading__anchor"&gt; &lt;a href="#secondary-sector"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;The Secondary Sector refines, processes and manufactures. This includes industries like petrochemical refineries, steel-making mills, factories for making equipment and machinery for industry and goods for consumer purchase.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/et-dcm1107/unit2/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-utility"&gt;
Types of Utility&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Form Utility&lt;br&gt;
B) Place&lt;br&gt;
C) Time&lt;br&gt;
D) Possession&lt;/p&gt;
&lt;h2 class="heading" id="law-of-deminishing-marginal-utility"&gt;
Law of Deminishing Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-deminishing-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-equi-marginal-utility"&gt;
Law of Equi-Marginal Utility&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-equi-marginal-utility"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h2 class="heading" id="law-of-demand"&gt;
Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Price and Quantity demanded for a product is inversely related.&lt;/p&gt;
&lt;h2 class="heading" id="exceptions-of-law-of-demand"&gt;
Exceptions of Law of Demand&lt;span class="heading__anchor"&gt; &lt;a href="#exceptions-of-law-of-demand"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Assumption of increase in price.&lt;br&gt;
B) Status goods or Veblen goods.&lt;br&gt;
C) Giffen goods.&lt;br&gt;
D) War.&lt;br&gt;
E) Economic depression.
F) Essential goods.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="behaviors-of-managers"&gt;
Behaviors of Managers&lt;span class="heading__anchor"&gt; &lt;a href="#behaviors-of-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-coaching-managers"&gt;
A) Coaching managers&lt;span class="heading__anchor"&gt; &lt;a href="#a-coaching-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;Educating every employee of the organisation.&lt;/li&gt;
&lt;li&gt;Looking after the long-term professional development of their employees.&lt;/li&gt;
&lt;li&gt;Bringing the team together whilst also evaluating each individual&amp;rsquo;s progress.&lt;/li&gt;
&lt;/ul&gt;
&lt;h3 class="heading" id="b-authoritative-managers"&gt;
B) Authoritative managers&lt;span class="heading__anchor"&gt; &lt;a href="#b-authoritative-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:&lt;/p&gt;</description></item><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/bo-dcm1109/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="types-of-co-operatives-formed"&gt;
Types of co-operatives formed&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-co-operatives-formed"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Consumer co-operatives.&lt;br&gt;
B) Producer co-operatives.&lt;br&gt;
C) Marketing co-operatives.&lt;br&gt;
D) Housing co-operatives.&lt;br&gt;
E) Credit co-operatives.&lt;br&gt;
F) Cooperative Farming Societies.&lt;/p&gt;
&lt;h2 class="heading" id="types-of-companies"&gt;
Types of Companies&lt;span class="heading__anchor"&gt; &lt;a href="#types-of-companies"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-on-the-basis-of-incorporation"&gt;
A) On the Basis of Incorporation&lt;span class="heading__anchor"&gt; &lt;a href="#a-on-the-basis-of-incorporation"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Chartered Companies: Formed under a Royal Charter or special charter issued by the
monarch (no longer applicable in India).&lt;/li&gt;
&lt;li&gt;Statutory Companies: Created by a special Act of Parliament or State Legislature. Example:
Reserve Bank of India (RBI), Life Insurance Corporation (LIC).&lt;/li&gt;
&lt;li&gt;Registered Companies: Incorporated under the Companies Act, 2013. This includes almost
all modern business entities in India.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-on-the-basis-of-liability"&gt;
B) On the Basis of Liability&lt;span class="heading__anchor"&gt; &lt;a href="#b-on-the-basis-of-liability"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Company Limited by Shares [Section 2(22)].&lt;/li&gt;
&lt;li&gt;Company Limited by Guarantee [Section 2(21)].&lt;/li&gt;
&lt;li&gt;Unlimited Liability Company [Section 2(92)].&lt;/li&gt;
&lt;li&gt;Company Limited by Both Guarantee and Shares.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-on-the-basis-of-ownership"&gt;
C) On the Basis of Ownership&lt;span class="heading__anchor"&gt; &lt;a href="#c-on-the-basis-of-ownership"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Private Company (Section 2(68)).&lt;/li&gt;
&lt;li&gt;Public Company (Section 2(71)).&lt;/li&gt;
&lt;li&gt;One Person Company (Section 2(62)).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-on-the-basis-of-control"&gt;
D) On the Basis of Control&lt;span class="heading__anchor"&gt; &lt;a href="#d-on-the-basis-of-control"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Holding Company: Controls one or more subsidiaries by owning over 50% voting rights or board control.&lt;/li&gt;
&lt;li&gt;Subsidiary Company: Controlled by another company. Example: Jaguar Land Rover
(subsidiary of Tata Motors).&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-on-the-basis-of-nationality"&gt;
E) On the Basis of Nationality&lt;span class="heading__anchor"&gt; &lt;a href="#e-on-the-basis-of-nationality"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Indian Company: Incorporated under the Companies Act, 2013 and managed in India.&lt;/li&gt;
&lt;li&gt;Foreign Company (Section 2(42)): Incorporated outside India but has a place of business in India. Example: Google India Pvt. Ltd.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="f-on-the-basis-of-purpose"&gt;
F) On the Basis of Purpose&lt;span class="heading__anchor"&gt; &lt;a href="#f-on-the-basis-of-purpose"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;For-Profit Companies.&lt;/li&gt;
&lt;li&gt;Non-Profit Companies (Section 8): Established for charitable, educational, or social
purposes. Profits are reinvested to promote their objectives. Example: CRY Foundation.&lt;/li&gt;
&lt;/ol&gt;</description></item><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="classical-approach-comprised-the-following-three-approaches"&gt;
Classical approach comprised the following three approaches:&lt;span class="heading__anchor"&gt; &lt;a href="#classical-approach-comprised-the-following-three-approaches"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-scientific-management"&gt;
A) Scientific Management&lt;span class="heading__anchor"&gt; &lt;a href="#a-scientific-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;In scientific management, scientific methods are used to study and analyse the problems in factories and businesses. It involves the use of rational methods, understanding issues, and finding relevant &amp;amp; practical solutions. The main contribution in scientific management is of Frederick Winslow Taylor, who is well renowned as The father of scientific management.&lt;/p&gt;
&lt;h3 class="heading" id="b-administration-management"&gt;
B) Administration Management&lt;span class="heading__anchor"&gt; &lt;a href="#b-administration-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;It is mainly related to the performance of managers and has defined various functions of administration. In administration management, the emphasis is laid on evaluating the existing processes, identifying the underlying principles, and developing the management theories. These functions are interlinked and help managers perform effectively. The major contribution towards administration management is from Henry Fayol.&lt;/p&gt;</description></item></channel></rss>

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@@ -1,12 +1,12 @@
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<a href=/semester/s1/>S1</a>
<span>PBM DCM1110</span></nav><h1>PBM DCM1110</h1><ul class="uninotes-list uninotes-list--units"><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/pbm-dcm1110-unit1/>Unit 1</a></li></ul></main><footer class=footer><p class=footer__copyright-notice>&copy; 2026 <a href=https://freedoms4.org>freedoms4.org</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>
<a href=/uninotes/s1/>S1</a>
<span>PBM DCM1110</span></nav><h1>PBM DCM1110</h1><ul class="uninotes-list uninotes-list--units"><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/pbm-dcm1110/unit1/>Unit 1</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/pbm-dcm1110/unit2/>Unit 2</a></li><li class=uninotes-list__item><a class=uninotes-list__link href=/uninotes/s1/pbm-dcm1110/unit3/>Unit 3</a></li></ul><nav class=page-nav><a class=page-nav__previous-link href=/uninotes/s1/ge-dcm1106/>← GE DCM1106</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>PBM DCM1110 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/</link><description>Recent content in PBM DCM1110 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/pbm-dcm1110/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="characteristics-of-management"&gt;
Characteristics of Management&lt;span class="heading__anchor"&gt; &lt;a href="#characteristics-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Goal Oriented.&lt;br&gt;
B) Pervasive.&lt;br&gt;
C) Multidimentional:&lt;br&gt;
         (i) Management of People.&lt;br&gt;
         (ii) Management of Operations.&lt;br&gt;
D) Continuous.&lt;br&gt;
E) Dynamic.&lt;br&gt;
F) Group Activity.&lt;br&gt;
G) Intangible.&lt;/p&gt;
&lt;h2 class="heading" id="functions-of-management"&gt;
Functions of Management&lt;span class="heading__anchor"&gt; &lt;a href="#functions-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Planning.&lt;br&gt;
B) Organising.&lt;br&gt;
C) Staffing.&lt;br&gt;
D) Directing.&lt;br&gt;
E) Controlling.&lt;/p&gt;
&lt;h3 class="heading" id="a-planning"&gt;
A) Planning&lt;span class="heading__anchor"&gt; &lt;a href="#a-planning"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Determine the goals or mission of the organisation.&lt;/li&gt;
&lt;li&gt;Forecast future conditions.&lt;/li&gt;
&lt;li&gt;Select the best course of action.&lt;/li&gt;
&lt;li&gt;Formulate policies, procedures, budgets.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-organising"&gt;
B) Organising&lt;span class="heading__anchor"&gt; &lt;a href="#b-organising"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Identify and analyse activities required to be operated on.&lt;/li&gt;
&lt;li&gt;Group similar activities.&lt;/li&gt;
&lt;li&gt;Assign duties to individuals.&lt;/li&gt;
&lt;li&gt;Delegate authority and responsibility to the individuals in managerial roles.&lt;/li&gt;
&lt;li&gt;Establish and announce clear authority relationships to ensure coordination and control.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-staffing"&gt;
C) Staffing&lt;span class="heading__anchor"&gt; &lt;a href="#c-staffing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Recruitment and selection.&lt;/li&gt;
&lt;li&gt;Training.&lt;/li&gt;
&lt;li&gt;Performance appraisal.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-directing"&gt;
D) Directing&lt;span class="heading__anchor"&gt; &lt;a href="#d-directing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Leadership and supervision.&lt;/li&gt;
&lt;li&gt;Motivation.&lt;/li&gt;
&lt;li&gt;Communication.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-controlling"&gt;
E) Controlling&lt;span class="heading__anchor"&gt; &lt;a href="#e-controlling"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Establish performance standards.&lt;/li&gt;
&lt;li&gt;Measure performance.&lt;/li&gt;
&lt;li&gt;Compare performance with the standards.&lt;/li&gt;
&lt;li&gt;Identify reasons for deviations.&lt;/li&gt;
&lt;li&gt;Implement corrective actions.&lt;/li&gt;
&lt;li&gt;Use feedback to evaluate performance improvement.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="significance-of-management"&gt;
Significance of Management&lt;span class="heading__anchor"&gt; &lt;a href="#significance-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Optimum unilization of resources.&lt;br&gt;
B) Minimisation of costs.&lt;br&gt;
C) Achievement of group goals.&lt;br&gt;
D) Organisational stability.&lt;/p&gt;</description></item><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="behaviors-of-managers"&gt;
Behaviors of Managers&lt;span class="heading__anchor"&gt; &lt;a href="#behaviors-of-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-coaching-managers"&gt;
A) Coaching managers&lt;span class="heading__anchor"&gt; &lt;a href="#a-coaching-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;Educating every employee of the organisation.&lt;/li&gt;
&lt;li&gt;Looking after the long-term professional development of their employees.&lt;/li&gt;
&lt;li&gt;Bringing the team together whilst also evaluating each individual&amp;rsquo;s progress.&lt;/li&gt;
&lt;/ul&gt;
&lt;h3 class="heading" id="b-authoritative-managers"&gt;
B) Authoritative managers&lt;span class="heading__anchor"&gt; &lt;a href="#b-authoritative-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:&lt;/p&gt;</description></item><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="classical-approach-comprised-the-following-three-approaches"&gt;
Classical approach comprised the following three approaches:&lt;span class="heading__anchor"&gt; &lt;a href="#classical-approach-comprised-the-following-three-approaches"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-scientific-management"&gt;
A) Scientific Management&lt;span class="heading__anchor"&gt; &lt;a href="#a-scientific-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;In scientific management, scientific methods are used to study and analyse the problems in factories and businesses. It involves the use of rational methods, understanding issues, and finding relevant &amp;amp; practical solutions. The main contribution in scientific management is of Frederick Winslow Taylor, who is well renowned as The father of scientific management.&lt;/p&gt;
&lt;h3 class="heading" id="b-administration-management"&gt;
B) Administration Management&lt;span class="heading__anchor"&gt; &lt;a href="#b-administration-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;It is mainly related to the performance of managers and has defined various functions of administration. In administration management, the emphasis is laid on evaluating the existing processes, identifying the underlying principles, and developing the management theories. These functions are interlinked and help managers perform effectively. The major contribution towards administration management is from Henry Fayol.&lt;/p&gt;</description></item></channel></rss>

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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a>
<span>Unit 1</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>PBM DCM1110</span></div><h1>Unit 1</h1><p class=unit-choice__subtitle>Choose type:</p><div class=unit-choice__options><a class="unit-choice__card unit-choice__card--self" href=/uninotes/s1/pbm-dcm1110/unit1/self/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M12 3 1 9l4 2.18v6L12 21l7-3.82v-6l2-1.09V17h2V9L12 3zm6.82 6L12 12.72 5.18 9 12 5.28 18.82 9zM17 15.99l-5 2.73-5-2.73v-3.72L12 15l5-2.73v3.72z"/></svg></div><div class=unit-choice__label>Self</div><div class=unit-choice__desc>Self-study notes</div></a><a class="unit-choice__card unit-choice__card--live" href=/uninotes/s1/pbm-dcm1110/unit1/live/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M17 10.5V7c0-.55-.45-1-1-1H4c-.55.0-1 .45-1 1v10c0 .55.45 1 1 1h12c.55.0 1-.45 1-1v-3.5l4 4v-11l-4 4z"/></svg></div><div class=unit-choice__label>Live</div><div class=unit-choice__desc>Live class notes</div></a></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 1 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/</link><description>Recent content in Unit 1 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="introduction"&gt;
Introduction&lt;span class="heading__anchor"&gt; &lt;a href="#introduction"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.&lt;/p&gt;</description></item><item><title>Unit 1</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/</guid><description>&lt;h3 class="heading" id="april-5-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 5, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-5-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="characteristics-of-management"&gt;
Characteristics of Management&lt;span class="heading__anchor"&gt; &lt;a href="#characteristics-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Goal Oriented.&lt;br&gt;
B) Pervasive.&lt;br&gt;
C) Multidimentional:&lt;br&gt;
         (i) Management of People.&lt;br&gt;
         (ii) Management of Operations.&lt;br&gt;
D) Continuous.&lt;br&gt;
E) Dynamic.&lt;br&gt;
F) Group Activity.&lt;br&gt;
G) Intangible.&lt;/p&gt;
&lt;h2 class="heading" id="functions-of-management"&gt;
Functions of Management&lt;span class="heading__anchor"&gt; &lt;a href="#functions-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Planning.&lt;br&gt;
B) Organising.&lt;br&gt;
C) Staffing.&lt;br&gt;
D) Directing.&lt;br&gt;
E) Controlling.&lt;/p&gt;
&lt;h3 class="heading" id="a-planning"&gt;
A) Planning&lt;span class="heading__anchor"&gt; &lt;a href="#a-planning"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Determine the goals or mission of the organisation.&lt;/li&gt;
&lt;li&gt;Forecast future conditions.&lt;/li&gt;
&lt;li&gt;Select the best course of action.&lt;/li&gt;
&lt;li&gt;Formulate policies, procedures, budgets.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="b-organising"&gt;
B) Organising&lt;span class="heading__anchor"&gt; &lt;a href="#b-organising"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Identify and analyse activities required to be operated on.&lt;/li&gt;
&lt;li&gt;Group similar activities.&lt;/li&gt;
&lt;li&gt;Assign duties to individuals.&lt;/li&gt;
&lt;li&gt;Delegate authority and responsibility to the individuals in managerial roles.&lt;/li&gt;
&lt;li&gt;Establish and announce clear authority relationships to ensure coordination and control.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="c-staffing"&gt;
C) Staffing&lt;span class="heading__anchor"&gt; &lt;a href="#c-staffing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Recruitment and selection.&lt;/li&gt;
&lt;li&gt;Training.&lt;/li&gt;
&lt;li&gt;Performance appraisal.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="d-directing"&gt;
D) Directing&lt;span class="heading__anchor"&gt; &lt;a href="#d-directing"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Leadership and supervision.&lt;/li&gt;
&lt;li&gt;Motivation.&lt;/li&gt;
&lt;li&gt;Communication.&lt;/li&gt;
&lt;/ol&gt;
&lt;h3 class="heading" id="e-controlling"&gt;
E) Controlling&lt;span class="heading__anchor"&gt; &lt;a href="#e-controlling"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;ol&gt;
&lt;li&gt;Establish performance standards.&lt;/li&gt;
&lt;li&gt;Measure performance.&lt;/li&gt;
&lt;li&gt;Compare performance with the standards.&lt;/li&gt;
&lt;li&gt;Identify reasons for deviations.&lt;/li&gt;
&lt;li&gt;Implement corrective actions.&lt;/li&gt;
&lt;li&gt;Use feedback to evaluate performance improvement.&lt;/li&gt;
&lt;/ol&gt;
&lt;h2 class="heading" id="significance-of-management"&gt;
Significance of Management&lt;span class="heading__anchor"&gt; &lt;a href="#significance-of-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;p&gt;A) Optimum unilization of resources.&lt;br&gt;
B) Minimisation of costs.&lt;br&gt;
C) Achievement of group goals.&lt;br&gt;
D) Organisational stability.&lt;/p&gt;</description></item></channel></rss>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 1 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" Introduction # Unit 1 notes go here."><meta property="og:url" content="https://freedoms4.org/uninotes/pbm-dcm1110-unit1/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 1"><meta property="og:description" content="Introduction # Unit 1 notes go here."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta property="article:published_time" content="2025-11-11T23:15:44+05:30"><meta property="article:modified_time" content="2025-11-11T23:15:44+05:30"><meta itemprop=name content="Unit 1"><meta itemprop=description content="Introduction # Unit 1 notes go here."><meta itemprop=datePublished content="2025-11-11T23:15:44+05:30"><meta itemprop=dateModified content="2025-11-11T23:15:44+05:30"><meta itemprop=wordCount content="7"><meta itemprop=keywords content="S1,PBM DCM1110"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 1 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 12, 2026 # Introduction # Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling."><meta property="og:url" content="https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/live/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 1"><meta property="og:description" content="April 12, 2026 # Introduction # Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 1"><meta itemprop=description content="April 12, 2026 # Introduction # Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling."><meta itemprop=wordCount content="29"><meta itemprop=keywords content="S1,PBM DCM1110"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<span class=uninotes-meta__pill>PBM DCM1110</span></div><h1>Unit 1</h1><time class=published-date datetime=2025-11-11T23:15:44+05:30>Posted on: November 11, 2025</time><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><a href=#introduction>Introduction</a></li></ul></nav></details><h2 class=heading id=introduction>Introduction<span class=heading__anchor> <a href=#introduction>#</a></span></h2><p>Unit 1 notes go here.</p></main><footer class=footer><p class=footer__copyright-notice>&copy; 2026 <a href=https://freedoms4.org>freedoms4.org</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>
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<a href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a>
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<span>Live</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
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<span class="uninotes-meta__pill uninotes-meta__pill--live">Live</span></div><h1>Unit 1</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-12-2026><em><strong>April 12, 2026</strong></em></a></li></ul></li><li><a href=#introduction>Introduction</a></li></ul></nav></details><h3 class=heading id=april-12-2026><em><strong>April 12, 2026</strong></em><span class=heading__anchor> <a href=#april-12-2026>#</a></span></h3><h2 class=heading id=introduction>Introduction<span class=heading__anchor> <a href=#introduction>#</a></span></h2><p>Management is a process where is an environment is developed to achieve the predefined goals and objectives through planning, organising, directing and controlling.</p><nav class=page-nav><a class=page-nav__next-link href=/uninotes/s1/pbm-dcm1110/unit2/>Unit 2 →</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 1 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 5, 2026 # Characteristics of Management # A) Goal Oriented.
B) Pervasive.
C) Multidimentional:
(i) Management of People.
(ii) Management of Operations.
D) Continuous.
E) Dynamic.
F) Group Activity.
G) Intangible.
Functions of Management # A) Planning.
B) Organising.
C) Staffing.
D) Directing.
E) Controlling.
A) Planning # Determine the goals or mission of the organisation. Forecast future conditions. Select the best course of action. Formulate policies, procedures, budgets. B) Organising # Identify and analyse activities required to be operated on. Group similar activities. Assign duties to individuals. Delegate authority and responsibility to the individuals in managerial roles. Establish and announce clear authority relationships to ensure coordination and control. C) Staffing # Recruitment and selection. Training. Performance appraisal. D) Directing # Leadership and supervision. Motivation. Communication. E) Controlling # Establish performance standards. Measure performance. Compare performance with the standards. Identify reasons for deviations. Implement corrective actions. Use feedback to evaluate performance improvement. Significance of Management # A) Optimum unilization of resources.
B) Minimisation of costs.
C) Achievement of group goals.
D) Organisational stability."><meta property="og:url" content="https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit1/self/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 1"><meta property="og:description" content="April 5, 2026 # Characteristics of Management # A) Goal Oriented.
B) Pervasive.
C) Multidimentional:
(i) Management of People.
(ii) Management of Operations.
D) Continuous.
E) Dynamic.
F) Group Activity.
G) Intangible.
Functions of Management # A) Planning.
B) Organising.
C) Staffing.
D) Directing.
E) Controlling.
A) Planning # Determine the goals or mission of the organisation. Forecast future conditions. Select the best course of action. Formulate policies, procedures, budgets. B) Organising # Identify and analyse activities required to be operated on. Group similar activities. Assign duties to individuals. Delegate authority and responsibility to the individuals in managerial roles. Establish and announce clear authority relationships to ensure coordination and control. C) Staffing # Recruitment and selection. Training. Performance appraisal. D) Directing # Leadership and supervision. Motivation. Communication. E) Controlling # Establish performance standards. Measure performance. Compare performance with the standards. Identify reasons for deviations. Implement corrective actions. Use feedback to evaluate performance improvement. Significance of Management # A) Optimum unilization of resources.
B) Minimisation of costs.
C) Achievement of group goals.
D) Organisational stability."><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 1"><meta itemprop=description content="April 5, 2026 # Characteristics of Management # A) Goal Oriented.
B) Pervasive.
C) Multidimentional:
(i) Management of People.
(ii) Management of Operations.
D) Continuous.
E) Dynamic.
F) Group Activity.
G) Intangible.
Functions of Management # A) Planning.
B) Organising.
C) Staffing.
D) Directing.
E) Controlling.
A) Planning # Determine the goals or mission of the organisation. Forecast future conditions. Select the best course of action. Formulate policies, procedures, budgets. B) Organising # Identify and analyse activities required to be operated on. Group similar activities. Assign duties to individuals. Delegate authority and responsibility to the individuals in managerial roles. Establish and announce clear authority relationships to ensure coordination and control. C) Staffing # Recruitment and selection. Training. Performance appraisal. D) Directing # Leadership and supervision. Motivation. Communication. E) Controlling # Establish performance standards. Measure performance. Compare performance with the standards. Identify reasons for deviations. Implement corrective actions. Use feedback to evaluate performance improvement. Significance of Management # A) Optimum unilization of resources.
B) Minimisation of costs.
C) Achievement of group goals.
D) Organisational stability."><meta itemprop=wordCount content="196"><meta itemprop=keywords content="S1,PBM DCM1110"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<span>Self</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>PBM DCM1110</span>
<span class="uninotes-meta__pill uninotes-meta__pill--self">Self</span></div><h1>Unit 1</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-5-2026><em><strong>April 5, 2026</strong></em></a></li></ul></li><li><a href=#characteristics-of-management>Characteristics of Management</a></li><li><a href=#functions-of-management>Functions of Management</a><ul><li><a href=#a-planning>A) Planning</a></li><li><a href=#b-organising>B) Organising</a></li><li><a href=#c-staffing>C) Staffing</a></li><li><a href=#d-directing>D) Directing</a></li><li><a href=#e-controlling>E) Controlling</a></li></ul></li><li><a href=#significance-of-management>Significance of Management</a></li><li><a href=#scope-of-management>Scope of Management</a></li></ul></nav></details><h3 class=heading id=april-5-2026><em><strong>April 5, 2026</strong></em><span class=heading__anchor> <a href=#april-5-2026>#</a></span></h3><h2 class=heading id=characteristics-of-management>Characteristics of Management<span class=heading__anchor> <a href=#characteristics-of-management>#</a></span></h2><p>A) Goal Oriented.<br>B) Pervasive.<br>C) Multidimentional:<br>         (i) Management of People.<br>         (ii) Management of Operations.<br>D) Continuous.<br>E) Dynamic.<br>F) Group Activity.<br>G) Intangible.</p><h2 class=heading id=functions-of-management>Functions of Management<span class=heading__anchor> <a href=#functions-of-management>#</a></span></h2><p>A) Planning.<br>B) Organising.<br>C) Staffing.<br>D) Directing.<br>E) Controlling.</p><h3 class=heading id=a-planning>A) Planning<span class=heading__anchor> <a href=#a-planning>#</a></span></h3><ol><li>Determine the goals or mission of the organisation.</li><li>Forecast future conditions.</li><li>Select the best course of action.</li><li>Formulate policies, procedures, budgets.</li></ol><h3 class=heading id=b-organising>B) Organising<span class=heading__anchor> <a href=#b-organising>#</a></span></h3><ol><li>Identify and analyse activities required to be operated on.</li><li>Group similar activities.</li><li>Assign duties to individuals.</li><li>Delegate authority and responsibility to the individuals in managerial roles.</li><li>Establish and announce clear authority relationships to ensure coordination and control.</li></ol><h3 class=heading id=c-staffing>C) Staffing<span class=heading__anchor> <a href=#c-staffing>#</a></span></h3><ol><li>Recruitment and selection.</li><li>Training.</li><li>Performance appraisal.</li></ol><h3 class=heading id=d-directing>D) Directing<span class=heading__anchor> <a href=#d-directing>#</a></span></h3><ol><li>Leadership and supervision.</li><li>Motivation.</li><li>Communication.</li></ol><h3 class=heading id=e-controlling>E) Controlling<span class=heading__anchor> <a href=#e-controlling>#</a></span></h3><ol><li>Establish performance standards.</li><li>Measure performance.</li><li>Compare performance with the standards.</li><li>Identify reasons for deviations.</li><li>Implement corrective actions.</li><li>Use feedback to evaluate performance improvement.</li></ol><h2 class=heading id=significance-of-management>Significance of Management<span class=heading__anchor> <a href=#significance-of-management>#</a></span></h2><p>A) Optimum unilization of resources.<br>B) Minimisation of costs.<br>C) Achievement of group goals.<br>D) Organisational stability.</p><ul><li>Management depends on Effectiveness and Efficiency.</li></ul><h2 class=heading id=scope-of-management>Scope of Management<span class=heading__anchor> <a href=#scope-of-management>#</a></span></h2><p>A) Production Management.<br>B) Personal Management.<br>C) Marketing Management.<br>D) Financial Management.</p><nav class=page-nav><a class=page-nav__next-link href=/uninotes/s1/pbm-dcm1110/unit2/>Unit 2 →</a></nav></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a>
<span>Unit 2</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>PBM DCM1110</span></div><h1>Unit 2</h1><p class=unit-choice__subtitle>Choose type:</p><div class=unit-choice__options><a class="unit-choice__card unit-choice__card--self" href=/uninotes/s1/pbm-dcm1110/unit2/self/><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M12 3 1 9l4 2.18v6L12 21l7-3.82v-6l2-1.09V17h2V9L12 3zm6.82 6L12 12.72 5.18 9 12 5.28 18.82 9zM17 15.99l-5 2.73-5-2.73v-3.72L12 15l5-2.73v3.72z"/></svg></div><div class=unit-choice__label>Self</div><div class=unit-choice__desc>Self-study notes</div></a><div class="unit-choice__card unit-choice__card--live unit-choice__card--unavailable"><div class=unit-choice__icon><svg viewBox="0 0 24 24" width="32" height="32" fill="currentColor"><path d="M17 10.5V7c0-.55-.45-1-1-1H4c-.55.0-1 .45-1 1v10c0 .55.45 1 1 1h12c.55.0 1-.45 1-1v-3.5l4 4v-11l-4 4z"/></svg></div><div class=unit-choice__label>Live</div><div class=unit-choice__desc>Not available</div></div></div></main><footer class=footer><p class=footer__copyright-notice>&copy; <a href=https://freedoms4.org>freedoms4.org</a> <a href=/changelog/>Changelog</a></p><p class=footer__theme-info>Built with <a href=https://gohugo.io>Hugo</a> and based on <a href=https://github.com/CyrusYip/hugo-theme-yue>Yue</a> theme</p></footer><script>(function(){var e=document.getElementById("theme-toggle");if(!e)return;function t(){var e=localStorage.getItem("theme");return e?e:window.matchMedia("(prefers-color-scheme: light)").matches?"light":"dark"}function n(e){document.documentElement.setAttribute("data-theme",e),localStorage.setItem("theme",e)}n(t()),e.addEventListener("click",function(){var e=document.documentElement.getAttribute("data-theme")||t();n(e==="dark"?"light":"dark")})})()</script><script>(function(){var e=document.getElementById("mobile-menu-check");if(!e)return;document.addEventListener("click",function(t){if(!e.checked)return;var n=e.closest(".brand__mobile-menu");n&&!n.contains(t.target)&&(e.checked=!1)})})()</script></body></html>

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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 2 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/</link><description>Recent content in Unit 2 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 2</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/</guid><description>&lt;h3 class="heading" id="april-12-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 12, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-12-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="behaviors-of-managers"&gt;
Behaviors of Managers&lt;span class="heading__anchor"&gt; &lt;a href="#behaviors-of-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-coaching-managers"&gt;
A) Coaching managers&lt;span class="heading__anchor"&gt; &lt;a href="#a-coaching-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:&lt;/p&gt;
&lt;ul&gt;
&lt;li&gt;Educating every employee of the organisation.&lt;/li&gt;
&lt;li&gt;Looking after the long-term professional development of their employees.&lt;/li&gt;
&lt;li&gt;Bringing the team together whilst also evaluating each individual&amp;rsquo;s progress.&lt;/li&gt;
&lt;/ul&gt;
&lt;h3 class="heading" id="b-authoritative-managers"&gt;
B) Authoritative managers&lt;span class="heading__anchor"&gt; &lt;a href="#b-authoritative-managers"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:&lt;/p&gt;</description></item></channel></rss>

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<!doctype html><html class=html lang=en-us dir=ltr><head><meta charset=utf-8><meta name=viewport content="width=device-width"><title>Unit 2 | Freedoms4</title><link rel=stylesheet href=/css/style.min.34d0accb85f8ec23ceee8c29eef5907823b531d8acb9e6bdf45a3b37ad028d30.css integrity="sha256-NNCsy4X47CPO7owp7vWQeCO1Mdisuea99Fo7N60CjTA=" crossorigin=anonymous><link rel=icon href=/favicon.ico><meta name=description content=" April 12, 2026 # Behaviors of Managers # A) Coaching managers # Coaching managers usually take on a teacher-like role, and they have an excellent understanding of the different stages of professional development. They love to motivate their employees to improve. They do this by helping them build strong personal relationships. Some of the most common qualities of a coaching manager include:
Educating every employee of the organisation. Looking after the long-term professional development of their employees. Bringing the team together whilst also evaluating each individuals progress. B) Authoritative managers # Authoritative managers make sure that they are handling most of the decision-making and task delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their office. They most often focus on adhering to rules and making sure that employees complete tasks as per the companys standard of quality. Some of the common qualities of an authoritative manager include:"><meta property="og:url" content="https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit2/self/"><meta property="og:site_name" content="Freedoms4"><meta property="og:title" content="Unit 2"><meta property="og:description" content="April 12, 2026 # Behaviors of Managers # A) Coaching managers # Coaching managers usually take on a teacher-like role, and they have an excellent understanding of the different stages of professional development. They love to motivate their employees to improve. They do this by helping them build strong personal relationships. Some of the most common qualities of a coaching manager include:
Educating every employee of the organisation. Looking after the long-term professional development of their employees. Bringing the team together whilst also evaluating each individuals progress. B) Authoritative managers # Authoritative managers make sure that they are handling most of the decision-making and task delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their office. They most often focus on adhering to rules and making sure that employees complete tasks as per the companys standard of quality. Some of the common qualities of an authoritative manager include:"><meta property="og:locale" content="en_us"><meta property="og:type" content="article"><meta property="article:section" content="uninotes"><meta itemprop=name content="Unit 2"><meta itemprop=description content="April 12, 2026 # Behaviors of Managers # A) Coaching managers # Coaching managers usually take on a teacher-like role, and they have an excellent understanding of the different stages of professional development. They love to motivate their employees to improve. They do this by helping them build strong personal relationships. Some of the most common qualities of a coaching manager include:
Educating every employee of the organisation. Looking after the long-term professional development of their employees. Bringing the team together whilst also evaluating each individuals progress. B) Authoritative managers # Authoritative managers make sure that they are handling most of the decision-making and task delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their office. They most often focus on adhering to rules and making sure that employees complete tasks as per the companys standard of quality. Some of the common qualities of an authoritative manager include:"><meta itemprop=wordCount content="1156"><meta itemprop=keywords content="S1,PBM DCM1110"><link rel=stylesheet href=/css/custom.css><script>(function(){var e=localStorage.getItem("theme");e&&document.documentElement.setAttribute("data-theme",e)})()</script></head><body class=body><header class=header><div class=brand><img src=/logo.png alt="Freedoms4 logo"><h1>Freedoms4</h1><div class=brand__actions><button class=theme-toggle id=theme-toggle aria-label="Toggle theme" title="Toggle dark/light mode">
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<a href=/uninotes/s1/>S1</a>
<a href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a>
<a href=/uninotes/s1/pbm-dcm1110/unit2/>Unit 2</a>
<span>Self</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
<span class=uninotes-meta__pill>PBM DCM1110</span>
<span class="uninotes-meta__pill uninotes-meta__pill--self">Self</span></div><h1>Unit 2</h1><details class=toc><summary class=toc__summary>Table of Contents</summary><nav id=TableOfContents><ul><li><ul><li><a href=#april-12-2026><em><strong>April 12, 2026</strong></em></a></li></ul></li><li><a href=#behaviors-of-managers>Behaviors of Managers</a><ul><li><a href=#a-coaching-managers>A) Coaching managers</a></li><li><a href=#b-authoritative-managers>B) Authoritative managers</a></li><li><a href=#c-results-based-managers>C) Results-based managers</a></li><li><a href=#d-strategic-managers>D) Strategic managers</a></li><li><a href=#e-proactive-managers>E) Proactive managers</a></li><li><a href=#f-laissez-faire-managers>F) Laissez-faire managers</a></li><li><a href=#g-democratic-managers>G) Democratic managers</a></li><li><a href=#h-visionary-managers>H) Visionary managers</a></li><li><a href=#i-transformational-managers>I) Transformational managers</a></li><li><a href=#j-charismatic-managers>J) Charismatic managers</a></li></ul></li><li><a href=#characteristics-of-managers>Characteristics of Managers</a></li><li><a href=#managerial-skills>Managerial Skills</a><ul><li><a href=#a-conceptual-skills>A) Conceptual Skills</a></li><li><a href=#b-human-skills>B) Human Skills</a></li><li><a href=#c-technical-skills>C) Technical Skills</a></li></ul></li><li><a href=#roles-of-a-manager>Roles of a Manager</a><ul><li><a href=#a-interpersonal-roles>A) Interpersonal Roles</a></li><li><a href=#b-informational-roles>B) Informational Roles</a></li><li><a href=#c-decisional-roles>C) Decisional Roles</a></li></ul></li></ul></nav></details><h3 class=heading id=april-12-2026><em><strong>April 12, 2026</strong></em><span class=heading__anchor> <a href=#april-12-2026>#</a></span></h3><h2 class=heading id=behaviors-of-managers>Behaviors of Managers<span class=heading__anchor> <a href=#behaviors-of-managers>#</a></span></h2><h3 class=heading id=a-coaching-managers>A) Coaching managers<span class=heading__anchor> <a href=#a-coaching-managers>#</a></span></h3><p>Coaching managers usually take on a teacher-like role, and they have an excellent understanding of
the different stages of professional development. They love to motivate their employees to improve.
They do this by helping them build strong personal relationships. Some of the most common
qualities of a coaching manager include:</p><ul><li>Educating every employee of the organisation.</li><li>Looking after the long-term professional development of their employees.</li><li>Bringing the team together whilst also evaluating each individual&rsquo;s progress.</li></ul><h3 class=heading id=b-authoritative-managers>B) Authoritative managers<span class=heading__anchor> <a href=#b-authoritative-managers>#</a></span></h3><p>Authoritative managers make sure that they are handling most of the decision-making and task
delegation by themselves, whilst also making sure that they are maintaining a strict protocol in their
office. They most often focus on adhering to rules and making sure that employees complete tasks
as per the companys standard of quality. Some of the common qualities of an authoritative manager
include:</p><ul><li>Giving importance to rules and operation standards.</li><li>Motivating their employees to give their best and also holding employees accountable.</li><li>Taking disciplinary actions when necessary.</li></ul><h3 class=heading id=c-results-based-managers>C) Results-based managers<span class=heading__anchor> <a href=#c-results-based-managers>#</a></span></h3><p>Results-based managers mainly concentrate on whether or not employees meet their goals. They
are more concerned with the completion of work by the employees rather than how they do it. This
gives employees some power to make decisions and come up with their own methods for success.
Some of the common qualities of a results-based manager include:</p><ul><li>Being lenient in terms of rules and protocols.</li><li>Finding out ways to ensure that their employees work most effectively.</li><li>Focusing only on completion of work, not on how it gets accomplished.</li></ul><h3 class=heading id=d-strategic-managers>D) Strategic managers<span class=heading__anchor> <a href=#d-strategic-managers>#</a></span></h3><p>Strategic managers build their management style around the end result that they want to achieve.
They delegate authority to lower-level supervisors so they can focus on developing the ultimate
long-term strategy for success. Some of the most common qualities of a strategic manager include:</p><ul><li>Delegating responsibility to lower-level supervisors but not otherwise strongly involved
in day-to-day tasks.</li><li>Focusing on the overall goal of their projects rather than minor details.</li><li>Working independently to create plans for their employees that they can undertake on their
own.</li></ul><h3 class=heading id=e-proactive-managers>E) Proactive managers<span class=heading__anchor> <a href=#e-proactive-managers>#</a></span></h3><p>Proactive managers are always offering help and advice. They also remain positive even in times of
crisis. They typically focus on what actions they can take to overcome or solve any challenges that
might arise. With a hands-on approach, they try to meet those challenges. Some of the most common
qualities of a proactive manager include:</p><ul><li>Being enthusiastic about meeting goals through collaboration with employees.</li><li>Showing confidence in the abilities of their employees.</li><li>Being supportive of employees and always ready to help them.</li></ul><h3 class=heading id=f-laissez-faire-managers>F) Laissez-faire managers<span class=heading__anchor> <a href=#f-laissez-faire-managers>#</a></span></h3><p>Laissez-faire managers make sure that they meet their goals, but they typically do not offer much
help or supervision during work operations. They delegate most of the day-to-day and long-term
responsibilities to their employees. If you prefer to work autonomously, you might work well under
a laissez-faire manager. Some of the common qualities of a laissez-faire manager include:</p><ul><li>Remaining hands-off with daily performance.</li><li>Delegating responsibility to employees and stepping back.</li><li>Giving employees autonomy to make decisions and complete tasks on their own.</li></ul><h3 class=heading id=g-democratic-managers>G) Democratic managers<span class=heading__anchor> <a href=#g-democratic-managers>#</a></span></h3><p>Democratic managers listen to input given by employees and welcome the employees to be a part
of the decision-making process. They try to make every member of a team crucial to a project&rsquo;s
completion. An office led by a democratic manager focuses on teamwork. Some of the common
qualities of a democratic manager include:</p><ul><li>Open to suggestions and criticism.</li><li>Understanding of employees&rsquo; points of view.</li><li>Emphasising collaboration among employees and the team as a whole.</li></ul><h3 class=heading id=h-visionary-managers>H) Visionary managers<span class=heading__anchor> <a href=#h-visionary-managers>#</a></span></h3><p>Visionary managers rely on strategies to make a plan for their team, and then they ultimately allow
their employees to work autonomously. However, they also check in with employees regularly to
ensure that productivity is in line with their vision and goals. Some of the common qualities of a
visionary manager include:</p><ul><li>Staying fair but also being serious about achieving desired results.</li><li>Offering quality feedback to the employees.</li><li>Trusting employees as long as they adhere to the well-planned strategy.</li></ul><h3 class=heading id=i-transformational-managers>I) Transformational managers<span class=heading__anchor> <a href=#i-transformational-managers>#</a></span></h3><p>Transformational managers are enthusiastic about the growth of their employees. They also learn
how to adapt to changes in their industry. They motivate employees to go beyond their comfort
zones and constantly improve. Some of the common qualities of a transformational manager include:</p><ul><li>Being creative in terms of approaches to new tasks and methods of operation.</li><li>Motivating and challenging employees to adapt to changes.</li><li>Being heavily involved in work processes.</li><li>Supporting employees.</li></ul><h3 class=heading id=j-charismatic-managers>J) Charismatic managers<span class=heading__anchor> <a href=#j-charismatic-managers>#</a></span></h3><p>Charismatic managers give priority to building strong personal relationships with their employees.
They also try to cater to their employees&rsquo; needs whenever they can. This can motivate employees to
strive to work effectively and efficiently in order to gratify their manager. Some of the common
qualities of a charismatic manager include:</p><ul><li>Being friendly and charming when working with employees and supervisors.</li><li>Showing kindness to employees instead of being authoritative.</li><li>Providing constant support and help when necessary.</li></ul><h2 class=heading id=characteristics-of-managers>Characteristics of Managers<span class=heading__anchor> <a href=#characteristics-of-managers>#</a></span></h2><p>A) They are responsible for the performance of tasks.<br>B) They maintain balance between goals and define priorities.<br>C) They think rationally and conceptually.<br>D) They act as mediators.<br>E) They make complicated decisions.</p><h2 class=heading id=managerial-skills>Managerial Skills<span class=heading__anchor> <a href=#managerial-skills>#</a></span></h2><h3 class=heading id=a-conceptual-skills>A) Conceptual Skills<span class=heading__anchor> <a href=#a-conceptual-skills>#</a></span></h3><ul><li>Solving business problems by analysing information.</li><li>Identifying new opportunities and areas for innovation.</li><li>Recognising problem areas and developing solutions.</li><li>Selecting key information from large amounts of data.</li><li>Understanding how technology supports business operations.</li><li>Having a clear understanding of the organisations business model and goals.</li></ul><h3 class=heading id=b-human-skills>B) Human Skills<span class=heading__anchor> <a href=#b-human-skills>#</a></span></h3><ul><li>Interviewing and selecting employees.</li><li>Motivating and guiding team members.</li><li>Resolving conflicts and maintaining harmony.</li><li>Building partnerships and encouraging teamwork.</li></ul><h3 class=heading id=c-technical-skills>C) Technical Skills<span class=heading__anchor> <a href=#c-technical-skills>#</a></span></h3><ul><li>Using computer software or operating machinery.</li><li>Designing a brochure or preparing a financial report.</li><li>Training employees to use a new budgeting system.</li></ul><h2 class=heading id=roles-of-a-manager>Roles of a Manager<span class=heading__anchor> <a href=#roles-of-a-manager>#</a></span></h2><h3 class=heading id=a-interpersonal-roles>A) Interpersonal Roles<span class=heading__anchor> <a href=#a-interpersonal-roles>#</a></span></h3><ol><li>Figurehead- attending meetings, signing legal documents, welcoming visitors, or
inaugurating company events.</li><li>Leader.</li><li>Liaison.</li></ol><h3 class=heading id=b-informational-roles>B) Informational Roles<span class=heading__anchor> <a href=#b-informational-roles>#</a></span></h3><ol><li>Monitor - gathers information.</li><li>Disseminator - shares information.</li><li>Spokesperson - represents.</li></ol><h3 class=heading id=c-decisional-roles>C) Decisional Roles<span class=heading__anchor> <a href=#c-decisional-roles>#</a></span></h3><ol><li><p>Entrepreneur: The manager identifies opportunities for improvement and innovation. They take
the initiative to start new projects, introduce new products, or adopt better methods to improve
efficiency and competitiveness.</p></li><li><p>Disturbance Handler: In this role, the manager deals with unexpected problems or conflicts.
This may include resolving employee disputes, handling crises, or managing supply shortages.
The goal is to maintain stability and prevent disruption in operations.</p></li><li><p>Resource Allocator: The manager decides how to distribute resources like money, time, and
manpower among different departments or projects. Effective allocation ensures that priorities
are met and the organisation runs efficiently.</p></li><li><p>Negotiator: The manager represents the organisation in negotiations with employees, suppliers,
customers, or other external parties. They work to reach agreements that are beneficial for both
the organisation and its stakeholders.</p></li></ol><nav class=page-nav><a class=page-nav__previous-link href=/uninotes/s1/pbm-dcm1110/unit1/>← Unit 1</a>
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<a href=/uninotes/s1/pbm-dcm1110/>PBM DCM1110</a>
<span>Unit 3</span></nav><div class=uninotes-meta><span class=uninotes-meta__pill>S1</span>
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<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Unit 3 on Freedoms4</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/</link><description>Recent content in Unit 3 on Freedoms4</description><generator>Hugo</generator><language>en-us</language><managingEditor>your-email@example.com (Freedoms4)</managingEditor><webMaster>your-email@example.com (Freedoms4)</webMaster><atom:link href="https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/index.xml" rel="self" type="application/rss+xml"/><item><title>Unit 3</title><link>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</link><pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate><author>your-email@example.com (Freedoms4)</author><guid>https://freedoms4.org/uninotes/s1/pbm-dcm1110/unit3/self/</guid><description>&lt;h3 class="heading" id="april-15-2026"&gt;
&lt;em&gt;&lt;strong&gt;April 15, 2026&lt;/strong&gt;&lt;/em&gt;&lt;span class="heading__anchor"&gt; &lt;a href="#april-15-2026"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;h2 class="heading" id="classical-approach-comprised-the-following-three-approaches"&gt;
Classical approach comprised the following three approaches:&lt;span class="heading__anchor"&gt; &lt;a href="#classical-approach-comprised-the-following-three-approaches"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h2&gt;&lt;h3 class="heading" id="a-scientific-management"&gt;
A) Scientific Management&lt;span class="heading__anchor"&gt; &lt;a href="#a-scientific-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;In scientific management, scientific methods are used to study and analyse the problems in factories and businesses. It involves the use of rational methods, understanding issues, and finding relevant &amp;amp; practical solutions. The main contribution in scientific management is of Frederick Winslow Taylor, who is well renowned as The father of scientific management.&lt;/p&gt;
&lt;h3 class="heading" id="b-administration-management"&gt;
B) Administration Management&lt;span class="heading__anchor"&gt; &lt;a href="#b-administration-management"&gt;#&lt;/a&gt;&lt;/span&gt;
&lt;/h3&gt;&lt;p&gt;It is mainly related to the performance of managers and has defined various functions of administration. In administration management, the emphasis is laid on evaluating the existing processes, identifying the underlying principles, and developing the management theories. These functions are interlinked and help managers perform effectively. The major contribution towards administration management is from Henry Fayol.&lt;/p&gt;</description></item></channel></rss>

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