Characteristics of Management: Management is the process of getting things done with and through people with the involvement of physical, financial, and human resources through proper planning, organizing, directing, coordinating,
Many businesses fail in the first few years of operation. In almost all these cases managerial incompetence and inexperience are the causes of the failure. The cost of poor management
Communication is a Latin word that means, “sharing of information or intelligence.” What is Communication? Communication is really a broad term and is complex in nature. Communication is the process
Total Quality Management (TQM) was developed by William Deming, a management consultant whose work had a great impact on Japanese manufacturing. TQM focuses on ensuring that internal instructions and process
How often have you hung up a call with your accountant feeling more demented than you were before it started? If your response is a variation of, “pretty much every
Ethics is the study/guidelines of what we understand to be good and right behavior and how people make those judgments. Ethics is the set of morally correct principles and rules
In general terms, Market refers to a particular place where buyers and sellers get together to purchase and sell goods. WHAT IS MARKET IN ECONOMICS? In economics, the term market
The points presented below are substantial so far as the difference between e-commerce and e-business is concerned: Buying and Selling of goods and services through the internet is known as
What is E-commerce? E-commerce refers to the buying and selling of products and services by businesses and consumers through an electronic medium or over the internet, without using any paper
Ricardian Theory of Rent: Meaning, Assumptions, Determination, Criticism, Conclusion are explained in detail below. Ricardian Theory of Rent Meaning The classical economist David Ricardo first propounded the theory of rent
In this article, we will explain how the Modern Theory of Rent is an amplified and modern form of the Ricardian Theory of Rent. Modern economists have amplified and modified
To understand and verify “perfect competition is a myth but monopolistic competition is reality” statement, it is essential to study the meaning as well as features of perfect competition and
NASA Full Form: National Aeronautics and Space Administration The Full form of NASA is the National Aeronautics and Space Administration. Acronym: NASA Full Name: National Aeronautics and Space Administration Website: www.nasa.gov Established: