Capitalism economy is a system of the economic organization featured by the private ownership and use for the private profit of man-made and nature-made the … 15 Characteristics of Capitalism Economy (With Examples)Read more
Managerial Economics
Decision making is essential for all activities of every institution, right from planning to enforcing controls, otherwise, the accomplishment of the tasks will not possible.
If it is said that the management functions are dependent on decision making, it will not be an exaggeration.
To organize business financing, it is very important for you to know how much you are earned. You can track your monthly, weekly, and yearly earnings.
13 Characteristics of Socialism Economy (With Examples)
Socialism is an economic system where the means of production are either owned and managed by the state maximum social benefits is the central idea … 13 Characteristics of Socialism Economy (With Examples)Read more
17 Scope and Importance of Macroeconomics (With Examples)
Macroeconomics scope is wide and it studies the economic variable affecting the economy as a whole and other economies as well. Macroeconomic is called income … 17 Scope and Importance of Macroeconomics (With Examples)Read more
15 Importance and Limitations of Microeconomics (Explained)
The importance of microeconomics in the modern economic system is limited because it provides a solution to individual problems only. Its scope of the study … 15 Importance and Limitations of Microeconomics (Explained)Read more
11 Role and Importance of Management in Society (Explained)
Management is an indispensable element for the establishment of proper functioning and success of all organization’s social, political, religious, charitable or business units. If effectively … 11 Role and Importance of Management in Society (Explained)Read more
Top 17 National Income Questions and Answers (FAQs)
National Income is the sum total (monetary value) of all the goods and services produced in the country in a given financial year. The national … Top 17 National Income Questions and Answers (FAQs)Read more