Your informer on business, economies and government play
Your informer on business, economies and government play
Did you know that the United States of America, Saudi Arabia, Russia, Canada and China are among the world’s top five largest producers of oil, according to the United States Energy Information Administration (EIA)? Global fuel prices broke past $100…
Countercyclical Fiscal Policies Countercyclical fiscal policies are measures and tools used by the monetary authority of the government to address the business cycle. The main fiscal tools employed by the government are taxes and public spending (Akitoby, et al 2019). …
What do you think is the most important factor in starting a great business today? Money? A great idea? A big team? A Belief is a great idea A strong belief in your business idea could be the start of…
Have you ever been to a restaurant before and when you are served with the bill you realize that you have been robbed? Here are the signs to look out for before a hole is dug in your pocket… The…
The are three levels of management Top level of management Middle level of management Lower level of management Top level management It is also called the strategic level of management. It consists of the board of directors, chief finance executive,…
Management is the process of planning,organizing, actuating and controlling the activities of an organization in order to achieve the stated goals Definition of management by different authors ; Mary parken follet defined management as getting things done. EFL Breech stated…
According to Henry Mintzberg in his book “the nature of managerial work “a manager fulfills 10 roles which can be categorized into 3 groups Interpersonal role Informational role Decisional role Interpersonal role Interpersonal roles include those roles that involve…
In any type of economic system, the purpose of economic activity is to satisfy the material needs of that society and to improve the welfare of members of society. People receive income, spend, save and invest. Hence decisions must…
American economist Paul A . Samuelson said that every society needs to answer three fundamental questions when we look at the world we find that there are only a limited number of ways in which societies have set about…
(i) Scope of economics Question; how does economics differ from other subjects? Economics involves the study of the problem of production, consumption, exchange and distribution of wealth as well as the determination of the values of goods and services. Besides,…