According to peter Drucker three jobs of management are:
(i) Managing a business
(ii) Managing a manager
(iii) Managing workers and work.

Secondary markets allow for the determination of the price of the traded financial asset through the interaction of buyers and sellers. They provide a signal for the allocation of funds in the economy, based on the demand and supply, though the mechanism called price discovery processes.

(i)  KRA means Key result areas. Key Result area are fixed on the basis of organisational objectives premises.
(ii) Key Result Areas are arranged on a priority basis. KRA indicates the strength of an organisation.
(iii) The examples of KRA are profitability, market standing, innovation etc.

(i) The span of management refers to the number of subordinates who can be managed efficiently by a superior.
(ii) Simply, the manager having the group of subordinates who report him directly is called as the span of management.

(i) The word Nifty originates from 2 words, 'National' and 'Fifty'.
(ii) Nifty basically means the index of the 50 most actively traded stocks from across all sectors.
(iii) Nifty represents the top stocks of the NSE and when we talk about Nifty going up, it means that all the heavyweight stocks of NSE across all sectors are moving up.
(iv) Nifty consists of top 50 companies from 24 different sectors.
(v) Nifty is computed from the performance of top stocks from different sectors.
(vi) Some mutual funds use Nifty as a benchmark. The performance of the mutual funds is assessed against the performance of the Nifty.

There are three ways by which a company may raise capital in a primary market. They are:
(i) Public issue: The most common method of raising capital by new companies is through sale of securities to the public. It is called public issue.
(ii) Rights issue: When an existing company wants to raise additional capital, securities are first offered to the existing shareholders on a pre-emptive basis. It is called rights issue.
(iii) Private placement: Private placement is a way of selling securities privately to a small group of investors.

(i) Bills that are accompanied by documents of title to goods are called documentary bills.
(ii) Clean bills are drawn without accompanying any document.
(iii) Example: Railway Receipt and Lorry Receipt.

(i) Yes, as selection is choosing from among the candidates the ones, who best meet a position's requirements and eliminating the ones who are not suitable.
(ii) To achieve this target, candidates are required to take a series of tests and interviews in different stages.
(iii) At each stage, many candidates are eliminated and only a few candidates move to the next stage.
(iv) The process of elimination continues till the right ones are finalised .
(v) The above scenario clearly establishes the fact that selection is the process, through which unsuitable candidates are rejected and suitable ones are chosen.
(vi) Therefore, it is regarded as negative process.

	Basis	Henry Fayol	F.W. Taylor
1.	Perspective	Top level of management	Shop floor level of a factory
2.	Basis of formation	Personal experience	Observations and experimentation
3.	Focus	Improving overall administration	Increasing productivity
4.	Personality	Practitioner	Scientist

(i) Innovation refers to the preparation of personnel and organisation to face the changes made in the business world.
(i) Innovation includes developing new material, new products, new techniques in production, new package, new design of a product and cost reduce.

The management concept can be understood from its profound characteristic features as follows:
1. Body Knowledge:
(i) Management has now developed a specialised body of management theory and philosophy.Management literature is growing in all countries.
2. Management Tools:
Tools of management have been developed such as, accounting, busines law, psychology, statistics, econometrics, data processing, etc.
3. Separate Discipline:
Management studies in many universitis and institutions of higher learning are recognised as a separate discipline.
4. Specialisation:
There is a growing tendency to select and appoint highly qualified, trained and experienced persons to manage the business in each functional area of management.
5. Code of Conduct:
Enlightened businessmen have recognised that business management is a social institution and it has social responsibilities to be fulfilled - towards customers, employees, and the public or community.
 

 
S.No Features Money Market Capital Market 1. Duration of
funds It is a market for short-term loanable funds for a period of not exceeding one year. It is a market for long-term funds
exceeding period of one year. 2. Deals with
Instruments It deals with instruments like commercial
bills (bills of exchange, treasury bill, commercial papers, etc.) It deals with instruments like shares debentures,government bonds, etc. 3 Money Value Each single money market instrument is of large amount.Each certificate of deposits or commercial paper is for minimum of  ₹ 5 lakhs Each single capital market instrument is of small amount. Each share value is ₹10. Each debenture value is ₹100. 4 Role of major
institutions The central bank and commercial banks are the major institutions in the money market Development banks and Insurance
companies play a dominant role in the
capital market. 5 Risk Low credit and market risk High credit and market risk. 6 Liquidity High liquidity in Money Market Low liquidity in Capital Market

(i) The main disadvantage of MBE is, only managers have the power over really important decisions, which can be demotivating for employees at a lower level
(ii) Furthermore, it takes time to pass the issues to managers.
(iii) Managing employees who deviate from the normal procedures.
(iv) Because of compliance failures are considered difficult to manage and typically find themselves with limited job duties and ultimately dismissed / terminated.