OUTSOURCING

A trend that has increasingly gained a lot attention and became popular is outsourcing. The plan of outsourcing originated from the theory of core competence by the C.K. Prahlad. According to this id…

WHY IS HUMAN CAPITAL IMPORTANT?

Human capital is basically the amount of skill, expertise, knowledge and experience instilled in people. It is associated with the investment in the development of a man as a creative and productive …

PUBLIC SECTOR ENTERPRISES

The enterprises or companies owned and handled by the government are the public sector enterprises. These may be held by the state or the central government. Most of the times, the aim of such enterp…

INDIA BEFORE AND DURING BRITISH RULE

Before the British rule in India beginning from the late 1750s, India was not in a much good condition due to the lack of education and knowledge. Even though we had a prosperous and flourished econo…

HOW IS A COMPANY FORMED?

Formation of a company is a big and lengthy procedure. It means bringing your business idea into existence. This process involves the completion of a lot of legal formalities and procedures. There ar…

PROCESS OF PLANNING

Planning is a major part of the business. In fact, it is the first and foremost step by the organization towards the achievement of their goal. In terms of business, it basically refers to the proces…

PROCESS OF TRADING IN STOCK MARKET

Stock market has been in the news for quite a long time now. Almost everyone is interested in the buying and selling of the stock and earning profit out of it. The trading procedure, although, is a l…

TYPES OF FOREIGN EXCHANGE

What is foreign exchange? What is foreign exchange rate? In the business world, especially an international one, the use foreign exchange is quite frequent, and it is necessary for them to be updat…

HOW TO SOLVE THE PROBLEM OF DEFICIENT DEMAND?

Deficient demand is basically a situation which arises when the aggregate demand is less than the aggregate supply that too when the economy is at full employment level. This means that the populat…

HOW TO SOLVE THE PROBLEM OF EXCESS DEMAND?

Excess demand is basically a situation which arises when the aggregate demand is more than the aggregate supply that too when the economy is at full employment level. This means that the population…

ALL ABOUT 'LPG' POLICY

In July 1999, the government of India introduced a new industrial policy, Liberalization Privatization and Globalization (LPG) as a pert of the economic reform. It focused on liberating the industr…

TYPES OF MARKET IN THE ECONOMY

There are two aspects on which the whole market functions – demand and supply. These are inter-dependent and without the existence of even one of these, the market would collapse. So, what is marke…

HOW TO PROMOTE YOUR BUSINESS?

What is one of the most important factors that needs to be done correctly for an organization to grow when their product is of good quality and have an affordable price? It’s promotion. The organiz…

WHY DOES UNEMPLOYMENT STILL EXIST?

The problem of unemployment is a serious problem which if not cured, leads to poverty. In India, this problem is a quite major one. Currently, a whole of 13.3% of the Indian population is unemploye…

HOW TO SOLVE THE PROBLEM OF UNEMPLOYMENT?

The problem of unemployment is a serious problem which if not cured duly, leads to poverty. In India, this problem is a quite major one. Currently, a whole of 13.3% of the Indian population is unempl…

WHAT IS SUSTAINABLE DEVELOPMENT?

A major problem in the whole world right now is the excessive use of available resources. We are continuously using the natural irreversible resources up to the level of our own satisfaction withou…

Essay on Environment Friendly Tehnology

SHARES VS. DEBENTURES

A major part to start a business or to run a business successfully is finance. The company must ensure all the time they are in good financial position and can face any unexpected risks. No doubt t…