Business

How to Motivate Well Performing Employees?

As a manager, he/she is responsible for motivating subordinates and subordinates expect some kind of a motivating effort from their superiors when they are to …

Roles and Responsibilities of an Operations Manager

Operations is the process of converting the inputs to output in order to add value to the customer. Operations manager is the in charge of operations of an …

Similarities Between Goods and Services

In broad terms Goods and services are can be defined as any product that can satisfy human needs and wants. Even thought there are differences between goods …

Use and Problems of Measuring National Income Data

Use of National Income Data As a measurement of standard of living of people- The GNP and GDP statistics are used to measure the standard of living where a …

Calculating National Income

National income (Y) is defined as the total level of output of the economy. There are 03 approaches for  measuring national income and they are as follows: …

M – Commerce and Trends for 2010

It wasn’t not long ago online shopping joined the history. Now, the mobile revolution promises to repeat the same with the “anywhere …

Introduction to National Income

National Income (Y) is an the total level of activity of given economy in a particular period. In other words national income measures the total level …

Theories of Economic Development

ROSTOW’S STAGES OF ECONOMIC GROWTH This was provided in 1960 by W. Rostow and he identified five different economic stages for a country. * Traditional …

Outsourcing

Outsourcing refers to contracting non core activities of on organization to a third party while keep focused on core activities of the business. In other words …

Business Objectives

Most of the ordinary people would say businesses’ main aim is to make profit. True enough, but this may not be the case; profit is not the main priority …