There is a very simple difference between these two concepts.

Transfer refers to shifting from one job location to another without any change in job position or pay scale whereas Promotion means an increment in the pay scale or salary with the job position.

Business Studies is that branch of knowledge which helps in understanding various scenarios related to business such as finance,marketing,management,human resources and many more, with the help of which optimum utilisation of all available resources can be made into business activities.

it is a concept found in administrative management theory.the principle provides that there should be only one leader and one plan for a series of activities seeking accomplishment of the same objective.

two function of  KPO are;- 1)  outsourcing of core,information related business activities.

2) it goes for contacting out work to individuals that have advanced degrees and expertise in a specialised area. 

Yes. Assessment tax is a direct tax because we are to pay directly to the govt.after final assessment by the ITO if not to be refunded by the ITO.

Bisiness studies is the subject which is taught both in CBSE board as well as in the ICSE board. It provides a deep knowledge about the running an organisation for its ultimate gain.

Management is all pervasive in nature because it requires everywhere in all type of organisation as well as in daily routine also whether it is a political,social ,culture or business because it helps and direct various effort towards definite purpose. basically it is means when ever more than one person is engaged in a working for a common goal management is definitely necessary.

A specialty product can be called as a customised product.

Example- Ambulances (these are not available for general sales, but are manufactured specially for patients and hospitals with required machines to treat the sick people).

Science is termed as procurement of knowledge, skill etc.it is applicable according to the situation, place, utility and needs changeability depending upon the circumstances of the case.and not the rule of thumb.

For the successful running of an organization, management is essential because it means getting things done by others. it is the full form of PODSCORB as envisaged by Henry Fayol which means planning, organizing, directing, staffing, coordination/control, reporting, and budgeting.