The small scale industries are defined as SSI. This SSI plays an important role of the development of the economy of our country. The value of the product manufactured by SSI units is nearly 35% of the total industrial production. The production of small scale industries during 1988 to 1989 was worth Rs.1,06,875 crores. It provides employment to about 1.2 crores of people. Products exported through SSI are about 40% of the total exports. These small scale industries need only lesser investment.They have high employment potential. Realizing the importance of small scale industry units, both central and state governments have taking several steps to promote the growth. For starting and running small scale industry units successfully, it is very much importance to have suitable individuals. These individuals are entrepreneur.
The main benefits of small scale industry units to society are less capital and more output, improvement of backward areas, villages and hill areas, it give jobs for large number of people, low cost of production were products are available at cheap price to people. Local resources and talent of people are used. Variety of consumer and industrial goods is produced, foreign exchange earnings by exports. It innovation of new products new materials and new process. People are motivated for self employment. Many agencies are promoting small scale industry units like TIIC, DIC, SIDCO and SIPCOT.
Making the money available and using it is called finance. A large number of legal formalities are to be completed when starting a new industry. Money is life-blood of any industrial or commercial organization. It is needed for starting the industry and running it. Financial management is concerned with the finance function of the firm. It is one of the main sub subsystem of the management. It is concerned with the planning and controlling of the finance of the firm. Finance planning determines the capital requirement, capital structure and use of funds. Finance control ensures effective utilisation of funds and probe management of earnings.
The main function of financial management are determining the capital requirement, selecting the sources of the capital and raising the capital, effectively using the capital and protecting the capital, managing the earnings. An industry is required to produce goods and sell it. To achieving the functions like production and distribution are to be performed. This involves huge investments. So a firm must have sufficient amount of funds. Otherwise it survival and growth will be difficult. In olden days finance was not an important factor in a manufacturing activity. Because of the scale of operation was very small. But nowadays industries operate on a large scale. Production is done using advance technology, this needs heavy amount. So the need for the finance is too great now.
FINANCIAL MANGEMENT
Making the money available and using it is called finance. A large number of legal formalities are to be completed when starting a new industry. Money is life-blood of any industrial or commercial organization. It is needed for starting the industry and running it. Financial management is concerned with the finance function of the firm. It is one of the main sub subsystem of the management. It is concerned with the planning and controlling of the finance of the firm. Finance planning determines the capital requirement, capital structure and use of funds. Finance control ensures effective utilisation of funds and probe management of earnings. The main function of financial management are determining the capital requirement, selecting the sources of the capital and raising the capital, effectively using the capital and protecting the capital, managing the earnings. An industry is required to produce goods and sell it. To achieving the functions like production and distribution are to be performed. This involves huge investments. So a firm must have sufficient amount of funds. Otherwise it survival and growth will be difficult. In olden days finance was not an important factor in a manufacturing activity. Because of the scale of operation was very small. But nowadays industries operate on a large scale. Production is done using advance technology, this needs heavy amount. So the need for the finance is too great now.
Making the money available and using it is called finance. A large number of legal formalities are to be completed when starting a new industry. Money is life-blood of any industrial or commercial organization. It is needed for starting the industry and running it. Financial management is concerned with the finance function of the firm. It is one of the main sub subsystem of the management. It is concerned with the planning and controlling of the finance of the firm. Finance planning determines the capital requirement, capital structure and use of funds. Finance control ensures effective utilisation of funds and probe management of earnings. The main function of financial management are determining the capital requirement, selecting the sources of the capital and raising the capital, effectively using the capital and protecting the capital, managing the earnings. An industry is required to produce goods and sell it. To achieving the functions like production and distribution are to be performed. This involves huge investments. So a firm must have sufficient amount of funds. Otherwise it survival and growth will be difficult. In olden days finance was not an important factor in a manufacturing activity. Because of the scale of operation was very small. But nowadays industries operate on a large scale. Production is done using advance technology, this needs heavy amount. So the need for the finance is too great now.
Human resource management is the part of the management which is concerned with the people at work and with their relationship within the organization. It is also known as a personal management. The personal function is concerned with procurement, development, compensation, integration and maintenance of the personal of the organization for the achieving the major goals of the organization. In human relations they handled the grievances of the employees.
They deals with all types of industrial disbuds, they also participates in the process of collective bargaining. They organize joint consultation council meetings. Human resource is the most important of all the resources. Human resource planning is the process by which a management desires how an organization should move from its current manpower position to its desire manpower position. By this, the management should have right kind of people at the right place at the right time at the right numbers. Human resource planning consists of the different activities like forecasting of manpower requirement, assessment of present manpower, determining the future requirement in qualitatively and quantitatively, evolving a program of requirement, selection, training and development.
Now a day’s many companies manufacture the same kind of products by mass production and sell them at lowest prices. This results competition between the companies. In this competitive situation the companies have to make the customer to accept their products. For this, the companies carry out a number of activities. These activities are known as marketing activities. Marketing is a human activity which satisfies the needs of the customer and sells products or service to them. Marketing includes some of the policies, techniques and methods necessary for selling. Without marketing function products and services cannot be sold.
The following are the functions of the marketing department. Like market research, sales forecasting, advertising, sales promotion, selling, packing, after sales service. Depending upon these functions the marketing management works. Marketing management is the planning implementation, coordination and control of business activities to supply goods and service as per customer’s stratification. In the modern marketing management all the activities are focused towards consumers.
Management is defined as an art and science of getting work done through people. It is the process of giving direction and controlling the various activities of the people to achieve the objectives of an organization. The success of the management depended upon the skill of the manager. This made the management as an art. The management can be differentiate into two different ways like traditional management. Scientific management. In traditional management problems were solved by trail and error method. So decision making was slow. Results could not be produced fast.
The scientific management is used for solving management problems was thought of. This management will develop the growth of factory system led to numerous problems in production and in labour control. This scientific management concept was first developed by F.W. Taylor in between 1895 and 1911. Now the Scientific management has grown into the most advanced stage. In the earlier stage management was considered as an inborn quality. It could not be acquired. It was thought that managers were born, they could not be made. The problems were solved by their intuition and individual judgment.
A scientific calculator is a type of electronic calculator. But usually it is not always handheld; it designed to calculate problems in science (especially physics), engineering, and mathematics. Scientific calculator has almost completely replaced slide rules in almost all traditional applications, and it is widely used in both education and professional settings. The feature set differs between manufacturers and models; however, the defining features of a scientific calculator like Scientific notation for calculating large numbers, floating point arithmetic ,logarithmic functions, using both base 10 and base e ,trigonometry functions, exponents and roots beyond the square root, etc…
Scientific calculators are used widely in any situation where quick access to certain mathematical functions is needed, especially those such as trigonometric functions that were once traditionally looked up in tables. The benefit of a scientific calculator is to Save time and reduce errors with the unparalleled computing power. It have a clean interface that’s easy to read and easy to use. A scientific calculator is used routinely by scientists and engineers. A good scientific calculator must be very precise and it must handle the huge dynamic range of numbers that are encountered in our understanding of science. Scientific calculators must provide functions that help us analyze data as well as functions that simply calculate numbers.
MMS is known as Multimedia Message Service. MMS is a latest technology that allows wireless customers to send and receive messages that contain much more than text including formatted text, graphics, photographs, and audio and video clips. Multimedia Messaging Service is an enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cell phones. It’s an advanced messaging service that lets users send multiple media in one single message to one or more recipients. Multimedia Messaging Service (MMS) is an upgraded version of the SMS.
Once you send the MMS file to the recipient, and if the recipient phone is switched off, in that case also, our message will be sent. The recipient will receive the MMS as soon as the phone is switched on. There is a general procedure to understand how MMS works. In this procedure, a photo is being sent to another compatible phone like;
• First take a photo from our built-in camera phone or download via the Internet.
• Then personalize the text, graphics, audio or video clips.
• After that Add recipients’ number and send
The recipient on the other side will receive a message alert. Once he or she opens the message, a picture message will appear on the screen. If there is any text, it will appear below the image. In case, if we send MMS to a non-compatible cell phone the recipient will receive the SMS with a default line, “You have been sent a picture message!”
In generally, Credit history is also called as credit reports. It has been more discuss about accuracy of the data’s in consumer reports. We are help to lenders determine whether to extend credit process dependent on consumer income. A credit counseling agency will provide totally free credit report services with the client’s permission. This is also contains basic details on how to improve or build your credit history and how to check for signal that theft has occurred.
If you are need to make to make some facilities in your life like buying credit card, getting your credit report, renting a home and buying a vehicle can help you achieve your targets. We offer the most reliable, secure and fastest free credit report data available. Your three digit credit score number can finding whether you can do any process.
In recent days, various credit card scoring models used and that designed to amount your likelihood to repay your debts. A credit score is mainly based on credit report details. There are several other factors affects totally free credit report score and the interest value you may receive. Now you want more information about totally credit report services, feel free to visit at totallyfreecreditreport.org site!
UPS is known as an uninterrupted power supply. It is also known as a battery back-up, provides emergency power and, depending on the topology, line regulation as well to connected equipment by supplying power from a separate source when utility power is not available. The primary advantage to a UPS is that in cases of sudden power loss, such as during a storm, the UPS will continue to power the computer system long enough for us to save our work. A UPS, however, can be used to provide uninterrupted power to equipment, typically for 5–15 minutes until an auxiliary power supply can be turned on or utility power is restored.
A UPS is typically used to protect computers, data centers, telecommunication equipment or other electrical equipment where an unexpected power disruption could cause injuries, fatalities, serious business disruption or data loss. There are various common power problems that UPS units are used to correct. Voltage sag will be Transient under-voltage and its Causes flickering of lights. UPS systems can be designed to be placed inside a computer chassis. There are two types of Internal UPS. The first type is a miniaturized regular UPS that is made small enough to fit into a 5.25? CD-ROM slot bay of a regular computer chassis. The other type are re-engineered switching power supplies that utilize dual power sources of AC and/or DC as power inputs and have an AC/DC built-in switching management control units. The only disadvantage is that batteries have a certain lifetime (3-5 years) and therefore there is an expense involved for it.
Fax machine is a telecommunications technology used to transfer copies of documents, especially using affordable devices operating over the telephone network. Short for facsimile machine, a device that can send or receive pictures and text over a telephone line.The device is also known as a telecopier in certain industries. A “fax machine” usually consists of an image scanner, a modem, and a printer. As a security precaution, thermal fax paper is typically not admissible as evidence in a court of law unless photocopied.
This is because the ink used on fax papers is delible, brittle and tends to come off over long periods of storage. Fax machines work by digitizing an image dividing it into a grid of dots. Each dot is either on or off, depending on whether it is black or white. Electronically, each dot is represented by a bit that has a value of either 0 (off) or 1 (on). On the receiving side, a fax machine reads the incoming data, translates the zeros and ones back into dots, and reprints the picture. The speed of fax machines transmits data at different rates from 4,800 bps to 28,800 bps. Most fax machines use a thermal printer that requires special paper that tends to turn yellow or brown after a period.
