Author: Your All Notes

Macro Economics: BBS Second Year Note Answer in Both English and Nepali Medium Explain the Circular flow of income and expenditure in a two sector economy. 10 Answer: Two sector economy is a simple economy which includes household and business sector. Government and foreign trade are not included. It is a fictional economy. Assumptions of two sector closed economy: a) Only household and business sector will be included. b) Income will be spent on consumption. c) The savings will be zero. d) Government and international trade will not be included. e) Household sector controls means of production. The cyclical flow…

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How to Write an Effective Email ? What is Email? Email means an electronic mail. It is the most useful way to communicate with  friends, family,customers,etc. It is the fastest way to convey our message. We can write an email in different ways like formal as well as informal. Pro-Tips for an Effective Email Writing: Don’t use Date Write at left side of your page Mention your reasons for writing the email Clearly state your idea Use respectful tone Short Steps for an Effective Email Writing Step 1: Subject at the Beginning Step 2:…

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BBS Second Year: Macro Economics For Business Chapter: Two National Income Accounting Answer in English and Nepali Medium What is National Income? Explain the difficulties of calculating the national income. (10) Or Write the difficulties of calculating national income in underdeveloped countries. Answer: The national income is the sum of the income of the means of production within the country and the net income received from abroad in a period of one year. Difficulties in calculating national income 1. Difficulty in calculating non-monetary sector. A large part of the Least Developed Countries are occupied by the barter system, such as…

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Chapter One: Introduction to Macro Economics: Short Note: Macro Economics: BBS Second Year Note Answer in Both Medium: English and Nepali Short and Easy to Understand and Read for the Exam Question: Explain the Concept, Scope, limitations and Importance of Macro Economics. (10) English Medium  Concept of Macro Economics Macro Economics is a branch of economics. Studies economic behaviour. It studies income, currency, price level, unemployment, economic growth rate,etc Importance of Macro Economics 1. It is important to understand the functioning of the economy. It is important to study how the economy works. The function of economy can…

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BBS Second Year English: Business Communication. How to write a memo? With a sample memo. What is Memo? Short Message Written by an Organisation or Institutions Purpose is to communicate to the stake holders to give certain message, announcement or notice Written document used for internal communication communicates business policies Purpose of Writing a Memo. To inform staffs about organisation’s policies To inform change in rules and policies To inform about organisation’s goals To announce certain update To inform about task to be completed on a certain time To discuss proposals To inform about meeting schedules How to write an…

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Explain Components of Business Communication. Ans: Encoding, decoding, medium and feedback are major components of business Communication. 1. Encoding: We use symbol and gesture to do communication. We shouldn’t give irrelevant facts to avoid miscommunication. 2. Decoding It is linked with the interpretation of the message by the receiver. Sometimes, culture plays a vital role to create barrier in communication. 3. Medium It is a channel to communicate our written or oral message. Written communication is related with reports and memos. Oral communication uses telephone or technology based software like zoom, teams, etc. 4. Feedback It is the response of…

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Business communication is a way of sharing the ideas, information and  knowledge. Its main aim is  to achieve organisational goals. These things are exchanged inside and outside the organisation. Members of the organisation share and participate in communication to follow their goals. Without proper and precise communication, an organisation can’t survive longer. This communication is done to do business dealings and fulfil organisation’s purpose. Business communication is also a kind of communication where we share our ideas, message and information to get organisational goals/objectives. Main aim is to contribute the organisation. It helps to increase the name, fame and…

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What is Business Communication? Explain its importance and nature. (10) BBS Second Year English Note Ans : Business communication is a way of sharing the ideas, information and  knowledge. Its main aim is  to achieve organisational goals. These things are exchanged inside and outside the organisation. Members of the organisation share and participate in communication to follow their goals. Without proper and precise communication, an organisation can’t survive longer. This communication is done to do business dealings and fulfil organisation’s purpose. Business communication is also a kind of communication where we share our ideas, message and information to get organisational…

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BBS Second Year English: Business Communication What is needed for successful Team Work? Discuss it’s components? Without team work an organisation can’t achieve its goals. So, it is an important part for any organisation. Collaboration, coordination, communication and negotiation are needed for successful team work. 1. Open and Active Communication: There should be active listeners for successful team work. Group members should ask questions if they have any doubts. 2. Framework for decisions Group members should know the person to whom they have to report. It helps for timely decision making. 3. Choosing a Team leader Team leader should be…

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How to write business writings? Discuss collaborative process of business writing? Effective Business writing demands group collaboration and team work. For effective business plan and reports, we need team management to achieve our goals within certain time frame. When we work together, we get different ideas from different cultures. It will help to address the issue. We create effective written works with the help of multiple people. Steps of Collaborative Writing:  1. Planning All group members should agree and plan for writing. They should prepare purpose and goals of the writing. 2. Data Collection Group members should work together…

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What is written communication? Discuss it’s advantages and disadvantages. Ans: It uses verbal way to send the message to the receiver. It is known for reliable and authentic, medium of communication. It is reliable mode in business communication. Advantages/Benefits of written communication: 1. Legal and permanent records for the future. 2. Uses formal format 3. reliable and authentic 4. Increases organization’s credibility 5. Easy and wide access 6. Lack of risk and distortion Formula to Remember: LURI EL  Disadvantages/drawbacks of written communication: 1. It costs a lot. 2. Lack of secrecy 3. Only useful for educated 4. Complex and…

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Oral Communication and its Components: BBS Second Year English Note Oral Communication and its Components Ans: It is an effective way of communication. Sender and receiver are involved physically in this communication. Components of Oral Communication: Formula to Remember: SM CL FIS Speaker/Sender The person who generates and sends the idea is the speaker. The speaker uses verbal or non-verbal method to send the message.   Message The most important thing is the message. The speaker conveys the message to the audience.   Channel/Medium It is the way to send the message.   Listener/Receiver The person who receives the…

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Modes of Communication: BBS Second Year English: Business Communication OR Write different Modes of Communication. Write importance of modes of  communication.  Ans: In communication we share information with other. Sender uses set of rules, signs, symbols,etc to convey it. Modes of Communication is related with the sending and  receiving the  message.   Sometimes sender has to use more than one mode to communicate with other. 5 Major Modes of Communication 1. Interpretative Mode Sender sends the message and the receiver interprets it in his/her own way. Example: A person reading a book. It is one way communication because receiver doesn’t get…

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+ BS Second Year English: Business Communication: Barriers of Communication Or Types of communication barriers                              or Ways/methods to minimise the barriers of communication                                                    Or How can we reduce Barriers of Communication ? Barriers of communication are created when we receive incomplete messages. We can’t stop it but we can minimise it for better communication. Barriers lead towards misleading or misinformation. So,…

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