Category: Commerce

Theory of Rent

Meaning of rent:- In general, rent is that which is paid to owner of property by the persons who do the usage of his camel. Types of Rent:- Total Rent: –

Profit Maximization V/s Wealth Maximization

Under traditional approach business is considered to be an economic organization and profit is considered to be a good standard for measurement of efficiency. So this is a natural objective

Maslow’s Need-Hierarchy Theory

Abraham Maslow was a famous behaviouralist and psychologist in administrative thought. He propounded the theory of motivation that is known as ‘NEED – HIERARCHY’ theory among various motivational theories. It

Why To Study Economics

Perhaps the most important benefit of studying economics is learning how to “think like an economist.” What is economics? Economics may be a scientific discipline that deals with the manufacturing,

Financial System for Economic Development

Financial System is a broader term which brings under its fold the financial markets and the financial institutions which support the system. The responsibility of the financial system is to

Proper Etiquette for Conversation

“God gave you a gift of 84,600 seconds today. Have you used one of them to say thank you?” – William Arthur WardIn today’s fast evolving world of people argue

Human Resource Management

“Our progress as a nation can be no swifter than our progress in education. The human mind is our fundamental resource.”– John F. Kennedy. You must treat your employees with

Methods of Measuring Dispersion

A statistical average does not till as about the scatterdness or dispersal from it. Thus only or the basis of statically averages, the analysis and interpretation of statistical facts is