Questions

Profitability control is a mechanism of monitoring the sales made, profits earned and expenditure incurred by a company. The relative profit earning capacity of a firm’s products and consumer groups can be determined via profitability control. Sometimes surpisingly, it may be found out by companies how a small proportion of their products and even customers actually account for a significant percentage of the company’s profits. This can be achieved through profitability control. At times when the companies earn surplus profits, then such profits may even be ploughed back or reinvested. This also forms part of profitability control.

Indian business magnate Mukesh Ambani topples Jack Ma as Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.

The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth US$44.3 billion in July 2018 with the share price of Reliance Industries rising 1.6 per cent to a record 1,099.8 rupees (US$16.05), according to Bloomberg Billionaires Index.

Jack Ma’s wealth stood at US$44 billion at the close of trading on the sameday in the US, where the company is listed.

Bologna University , founded in 1088 CE

Infrared radiation

Cytoplasm does not contains all the organelles.

I. Inputs

• Procurement management plan


• Contract statement of work


• Make-or-buy decisions


• Project management plan

                 - Risk register

                 - Risk related contractual agreements

                 - Resource requirements

                 - Project schedule

                 - Activity cost estimate

                 - Cost baseline

II. Tools and Techniques

• Standard forms


• Expert judgment

III. Outputs

• Procurement documents


• Evaluation criteria


• Contract statement of work (updates)