Quick Answer: What Is Scope And Nature?

What is the nature and scope of marketing?

“Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to create exchange that satisfy individual and organizational goals.” – ‘The American Marketing Association.” ….

What is nature in history?

An analysis of Nature, Origin and Purpose (NOP) is a key part of exam technique in History GCSE, and it involves looking into the context of sources to gain a deeper understanding. The nature of the source is simply the form it takes – whether a newspaper article, a letter or a diary entry.

What are the 3 types of history?

What Are The Different Types Of History?Medieval History.Modern History.Art History.

What are the four key elements in the scope of economics?

There are four key elements to this study: description, analysis, expla- nation, and prediction.

What are the 5 concepts of economics?

Here are five economic concepts that everybody should know:Supply and demand. Many of us have seen the infamous curves and talked about equilibrium in our micro- and macroeconomic classes, but how many of us apply that information to our daily lives? … Scarcity. … Opportunity cost. … Time value of money. … Purchasing power.

Who is the father of economics?

SamuelsonCalled the father of modern economics, Samuelson became the first American to win the Nobel Prize in Economics (1970) for his work to transform the fundamental nature of the discipline.

What is the nature and scope of management?

The most important goal of all management activities is to accomplish the objectives of an enterprise. The goals should be realistic and attainable. The success of management is measured by the extent to which the established goals one achieved. Thus, management is purposeful. Supreme in Thought and Action.

What is the nature and scope of economics?

Scope of Economics It analyses the way in which the decisions are taken by the economic agents, concerning the allocation of the resources that are limited in nature. It studies consumer behaviour, product pricing, firm’s behaviour.

What is history nature and scope?

History is the study of life in society in the past, in all its aspect, in relation to present developments and future hopes. It is the story of man in time, an inquiry into the past based on evidence. … History is, or should be an attempt to re-think the past.

Is nature and scope same?

is that scope is the breadth, depth or reach of a subject; a domain while nature is (lb) the natural world; consisting of all things unaffected by or predating human technology, production and design eg the ecosystem, the natural environment, virgin ground, unmodified species, laws of nature.

What is the scope of world history?

Like other branches of history-writing in the second half of the twentieth century, World History has a scope far beyond historians’ traditional focus on politics, wars, and diplomacy, taking in a panoply of subjects like gender history, social history, cultural history, and environmental history.