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Economy

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Economy / Sales Management

Supply Chain Management: Drivers, Types, Challenges, How to Overcome?

What is Supply Chain Management? Supply Chain Management is a process ensuring a smooth flow of goods and information along…

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5 July 2023
Economy / Sales Management

Types of Salespeople

Types of Salespeople A salesperson acts as an ambassador of their company for the external world. Other people form an…

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5 July 2023
Economy / Sales Management

Automation and History

What is Automation? Automation entered into operations management with computerization of operations in 1954 when the first computer was installed…

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3 July 2023
Economy / Sales Management

Process Design

What is Process Design? Product-focused design is also known as a line flow production system. This type of processing system…

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3 July 2023
Economy / Sales Management

Production Management: Product Design

What is Production Management? The set of interrelated management activities, which are involved in manufacturing certain products, is called Production…

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3 July 2023
Economics / Economy

Nationalization of Commercial Banks

Commercial Banking in India At the time of Independence, India had a fairly well-developed banking system with more than 645…

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30 June 2023
Economics / Economy

Functions of Commercial Banks

Functions of Commercial Banks As shown in the figure, the functions of commercial banks can be broadly classified into three…

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30 June 2023
Economics / Economy

Term Structure of Interest Rates in India

Other things being the same, rates of interest also differ according to the term to maturity of the debt. The…

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29 June 2023
Economy

9 Limitations of Credit Creation

Destruction of Credit Banks create credit by granting loans (i.e. by creating derivative deposits) to the public. Similarly, the banks…

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29 June 2023
Economy

Barter System: Meaning, Limitations

What is Barter System? The direct exchange of one commodity for another without the mediation of money is called barter.…

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29 June 2023
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