Economic Systems: Meaning, Types
What is Economic System? An economic system can be referred to as a system that encompasses the methods of production,…
What is Economic System? An economic system can be referred to as a system that encompasses the methods of production,…
What is Business Ethics? Ethics are a set of principles that help in differentiating between what is morally right and…
What is Service Sector? The service sector is the producer of services (intangible goods) instead of goods. It includes various…
What is the need of workers participation in management? In this article, we will be going through the basic concept…
What is a Socio-cultural Environment? The socio-cultural environment is referred to as the social system as well as the culture…
What is Legal Environment in Business? The legal environment in business is a code of conduct that defines the boundaries…
Inflation means a steep increase in prices, resulting in a decrease in the value of money over a period of time...
What is Social Audit? The term ‘social audit’ may be explained in several ways. As far as common understanding goes,…
Environmental Scanning can define a process of monitoring the relevant environments to identify the opportunities that could benefit an organisation's business or industry and the threats that should be avoided known as environmental scanning.