How to Grow Your Business ? When starting a business you should look for ways to reduce the initial investment, which is totally valid if you consider that the vast majority of entrepreneurs start with very limited resources and must manage them in a measured manner. Business Study Notes offers 11 ways to grow business. So instead of wasting your time in asking how to grow your business? move forward to read this 11 areas of investment.
Economics - Business Study Notes
The economics / economy is a social science that studies the processes of extraction, production, exchange, distribution and consumption of goods and services . In a figurative sense, economics means rule and moderation of expenditure and saving.
The science of economics tries to explain the functioning of economics system and relations with economics agent (companies or individuals), reflecting on the problems and proposing solutions.
Thus the investigation of major economics problems and decision-making is based on four fundamental questions about production: What to produce ? When to produce ? How much to produce ? For whom to produce?
Theories of Inflation or inflation theories That Prove Its Existence:- Inflation is already here. We commented a few days ago following the publication by the INE of the Consumer Price Index (CPI) for the month of December. This indicator corroborated the increase in prices of the last months and placed inflation at 1.6%, nine tenths more than in November.
Productivity is an economic measure that calculates how many goods and services have been produced by each factor used (worker, capital, time, costs, etc.) in their obtaining in a given period of time.
Capital Formation Definition & Importance:- The term which is used to describe the net capital is known as capital formation in the business world. The production activity of an economy requires investing, that is, allocating a portion of production as capital dedicated to the production of new goods and services.
The economic resources are the material or immaterial means that allow to satisfy certain needs within the productive process or the commercial activity of a company.
Goods in Economics | Definition and Types:- In economics , the concept of property refers to those physical elements that somehow satisfy human needs. There is a wide typology of goods according to their characteristics, and to speak of them we must sort them by categories. Therefore, we have goods according to their degree of scarcity, their function, their degree of transformation, the ease of access to them or their relationship with income.
Difference between Gross and Net Amount:- It is very common to hear the terms of gross and net , both when it comes to wages, as when we look at the income statement a company or when we say a macroeconomic data. The gross and net measure the same magnitude , but they are different concepts and must know how to distinguish them so that there is no confusion. The two concepts are quantitative expressions used for the calculation of economic magnitudes.
How has the year 2016 been for the World Economy? Large economic changes occurred in 2016, such as central bank monetary policies and the rise in raw materials (mainly oil). There have also been major political changes that have affected markets. Just two days after the end of the year we analyze the great economic changes that have taken place this year.
The year 2016 has been characterized by its economic changes, but what awaits us in this New Year? We analyzed the five major challenges facing the economy worldwide in 2017.
The Law of Supply and Demand is the basic principle on which a market economy is based. This principle reflects the relationship between the demand for a product and the quantity offered of that product taking into account the price at which the product is sold.