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Contingency School of Management
Contingency school of management refers to many possible ways to manage an organization. According to this approach, there is no single best way to manage an organization. Possibilities along with…
Balance of Trade and Balance of Payment
Balance of trade and balance of payment are two commonly used terms in international economics. These terms are different but related to each other as Balance of trade is a…
Quality School of Management
Quality school of management is a vast concept, which aimed at leading an organization to gain better outcomes. In other words, quality school of management is a comprehensive process with…
Management in the Future
Management in the future shed light on various new and innovative concepts, which can be useful for our organizations in future. Future management tends to be more innovative, optimistic, positive…
Inflation – Types and Causes
Inflation is an economic condition in which general price level rise, and currency is devalued over a period of time. The value of currency decreases and resulted in erosion of…
Functions of Central Bank
Central bank is an important organization for any country. It performs traditional and developmental role to accomplish macro-economic objectives. This includes currency issuance, regulation of liquidity, supervision of banks and…
Difficulties in the Measurement National Income
National Income is a top line figure for the any country’s economy; However, Arranging statistics in a reliable data source need considerable attention and there are some hurdles in measurement…
Unemployment – Types of Unemployment
Unemployment is an economic condition where people willing for job remain unemployed. Unemployment level differs from country to country as per their economic conditions. In developed countries unemployment level is…
Causes of Unemployment and Solutions
According to classical economists there is always full employment in the economy. Neither ever raises unemployment nor there possibility of inflation. This is the reason, they believed in the operation…
Functions of Advertising Agency
Advertising only issue is the advertising agency which, in most cases, making the creative decisions and media. Also often supplies support market research and even participate in the total marketing…
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