McGregor’s Theory X and Y are two contrasting theories of management and leadership that were developed by Douglas McGregor, a social psychologist and management professor at the Massachusetts Institute of Technology (MIT). The theories describe different assumptions that managers make about their employees, and they have been widely used to understand and improve organizational behavior….
Prepaid expenses in accounting refer to expenditures that have been paid in advance for goods or services that will be received in the future. These expenses are recorded as assets on a company’s balance sheet until they are used or consumed. For example, if a company pays six months of rent in advance, the amount…
Being a teacher, most of us have to go through the challenge of managing students who are not paying attention and are involved in disruptive behaviors. It has remained a matter of concern for me as well. Especially, when I joined a school which had an amazingly high strength of students in the class (30+…
Thank you for visiting this page. If you are the student of Sir Afzal Shad and looking for the resources please feel free to use the following links. 1. A Level Business Book by Peter Stimpson (4th Edition) 2. A2 Level – Class Notes (Benchmark, DES, LAC, Monark) 3. AS Level – Class Notes (Benchmark,…
Partnership Appropriation Account is a type of account used in partnership accounting to allocate profits or losses among the partners. To make an appropriation account, you should follow these steps: Watch: How to make Appropriation Account, IGCSE O-Level Accounting (Part 2) Watch: How to make Capital & Current Accounts in Appropriation Account, IGCSE O-Level Accounting…
What is Partnership? In general, a Partnership Business refers to a business arrangement where two or more individuals agree to work together in order to achieve a common goal. Partnerships are a popular form of business organization because they offer several benefits, including shared risk, shared decision-making, and shared profits. Additionally, partnerships allow individuals to…
International General Certificate of Secondary Education (IGCSE) Business Studies is a globally recognized qualification offered by Cambridge Assessment International Education. It is designed to give students an in-depth understanding of the world of business and commerce. The syllabus covers a wide range of topics, including marketing, finance, operations, and human resource management. The IGCSE Business…
IGCSE, O Level Business Studies Exam Style Solution to the Questions. What is the purpose of a mission statement? [4 Marks] can be answered as follows: Answer to the Question: Motivate Employees, In case, if the employee objectives are well aligned with the Mission Statement of the business, it adds up to the motivation level…
Business Studies Past Papers for IGCSE (0450) & O Level (7115) – Paper 1 Style from year 2010 till 2022 all variants included are updated for the students of Cambridge UK. These past papers will help students to practice more and will be used for the Assessment / Discussion purposes. You are advised to download…
If you are looking for the IGCSE Accounting Paper-1 Compiled for Past Papers Practice, Feel free to download from the link below. The solutions to the questions & discussion classes can be taken at the multiple venues in Pakistan whereas Online support classes are available on demand for International Students of Cambridge IGCSE & GCSE,…