Four phases of trade cycle
Expansion : This is the main and important phase in business. Under this phase a business man can gain more profit. Hence it can be...
Expansion : This is the main and important phase in business. Under this phase a business man can gain more profit. Hence it can be...
The short-run-average cost is always in U-shape. In the other words it falls downward initially and reached on its minimum point. After that it begins...
Firm Industry 1) Firm is an unit of an industry. 1) Industry is a group of firm which are producing a homogeneous products. 2)...
Decision-Making And Forward Planning The chief function of a management executive in a business firm is decision-making and forward planning. Decision-making refers to the process...
Autonomous and Derived Demand An Autonomous demand for a product is one that arises independently of the demand for any other good whereas a derived...
Capital Management Among the various types and classes of business problems, the most complex and troublesome for the business manager are those relating to the...
Meaning: The term ‘foreign exchange’ is, generally used to refer to foreign currencies. But the foreign exchange is also used to refer to the mechanism...
Reasons for the People to Acquire Foreign Country: I. To purchase goods and services from for other countries II. To purchase financial assets in foreign...
Meaning of Foreign Exchange Rate: The rate at which the currency of one country is exchanged for the currency of another country is called...
Protectionist policy refer to that trade policy or commercial policy of international trade under which there will be deliberate imposition of restrictions on the movements...