In this post, we will explain the concept of inflation and types of inflation. Inflation and Types of Inflation - A sustained rise in the general price level over a…
In this post, we will discuss the top 7 important factors affecting demand for a commodity, first, let's understand the demand. Meaning: The demand in economics means the desire to…
Concept of Liberalisation:- Progressive elimination of government control over economic activities is known as liberalisation. In 1991, the Government of India took several decisions about industrial development which indicated a…
Introduction: A bank is an institution that deals in money and credit. It accepts deposits from the public and grants loans and advances to those who are in need of…
Every business unit should have certain well-defined objectives. It should conduct various activities in order to achieve such objectives. Profit-making, social recognition, and business growth are some universal business objectives.…
In this post, we will discuss the functions of business, before this, let’s understand the concept first. Meaning : Business is an economic activity. It is concerned with the continuous…
In this post, we will discuss the nature and features of business, before this, let's understand the concept first. Meaning : Business is an economic activity. It is concerned with…
Before we discuss the channels of Business Communication, let's understand What is Communication? Definitions of Communication:- The term communication is ambiguous, despite the fact that it is a daily phenomenon.…
Meaning of the term “Communication” The term communication is derived from the Latin word "communis" which means common. This means establishing a common ground. Now whatever is common is shared…
In this post, we will discuss the Top 10 Important Nature and Features of Marketing. Meaning: Marketing is a vital functional area of a business organization. The success of a…
