Friday, January 28, 2011

Concept Clearance By Prof Dr. Kamal Tandon


Wow...... First Lecture of Our Director Prof Dr Kamal Tandon and by the End of The Lecture there was only One Question In My Mind..... Where was he in The First Semester???? And Why He is Taking only One Subject in this Semester???... This was one of the very Few Sessions where I as a Student felt that i am Doing MBA..... Had it been all Professors of his calibre, life as a MBA student By now would have been entirely Different..... Our Base would have been very very Strong with all the Concepts and Fundas... Rather I would say by now we would have been Capitalizing on all The Management Fundas... Dr. KT showed that Position Held By him In office is altogether Different when he is in Classroom. He was or rather is Down TO Earth... Super Humble Person and Very Very Cool Person.... He rightly Said,


" Nothing is Written In the Books, Every thing is Written in Brain. His Students are capable of Writing Books Provided they uses their Brain."


When he said this i could only Whisper with a Bow, "I agree SIR."


Following are the Concepts which he Cleared In first Lecture and which gave me above impression of his...


1) Finance : Sourcing of Funds.


2) Loans and Advances : Outsourcing of Funds.


3) Money : Instrument Guaranteed by the Government of the Country for the Face Value Printed on it.


4) What Can be Exchanged By Money??


Goods: Yes


Services : Yes.


What Else?? ???


And Money can be Exchanged for Money....


5) Management : Optimum Utilization of Existing and Available Resources.


6) When we see Balance Sheet, what are the items which can bring Funds???


Ans: Only Non Fixed Assets can Bring Funds...


7) What does Economic Condition Includes??


Ans: Economic Condition includes Financial Condition and Assets of Country, Company or Individual.


8) Marketing: All the Activities which generates Sales.


9) Obejctive of Marketing: Sales.


10) Objective of Sales: Profit.


Keep an Eye on this Post.... More will Come.