Your informer on business, economies and government play
Your informer on business, economies and government play
Government failure is also known as non-market failure. Government intervention causes a more inefficient allocation of goods and resources that would not occur without that intervention Government failure occurs when its intervention in allocation of resources is not pareto optimal,…
The major role of the government is to provide legal framework within which all economic transactions can occur The roles of the government include ; The government produces public goods and services and affects production decision of private firms through…
The main aim of an economy is to create wealth and welfare for the society given the available resources, these resources are scarce and there are multiple users over them due to unlimited human wants A market facilitates exchange and…
Hello Okoth Douglas here, reporting from Machakos Town Public finance is related to the financing of the state activities and a narrow definition of the public finance would try to say that public finance is a subject which discusses the…
Hello Okoth Douglas here, reporting from Machakos Town, The idea of government is a concern for every society’s existence. What is government? Government is simply defined as the act of governing, ruling and controlling. According to the Oxford English dictionary…
External sources of finance are from sources that are outside the business. Advantages of External Sources of Funds Outside investors expect the business to deliver value, helping you explore and execute growth ideas. The right business angels and…
Article contributed by MIKE MUTINDA Kenya is a country in Eastern Africa with several universities and tertiary colleges . Kenya makes use of the 8-4-4 education system which of course produces qualified graduates in different sectors ,. Each degree in…
Information is power . Information in this digital era can be turned into meaningful data which could impact on users of the technology and business trends worldwide. The world is global village thanks to technological advancements. Our global village is…
External sources of finance are from sources that are outside the business. External sources of finance can either be: A)Ownership capital B)Non-ownership capital Introduction A) Ownership Capital Ownership capital is the money invested in the business by the shareholders themselves. It…
Internal sources of funds are sources within the business or funds provided by the entrepreneur. Advantages of Internal Sources of Funds Due to the personal attachment one has to his finances, the funding is committed to the business and the…