The Law of supply and demand is the basic principle on which a market economy is based and it reflects the price at which the product is sold.
Monetarism is a branch of economic thought and studies how money affects the economy. Certainly, money is a fundamental part of the economic structure. Moreover it is essential to carry out commercial exchanges, acquire materials for production. Actually it is even vital to pay wages.
Business Communication Theories
Looking to learn the various types of business communication theories? Every employee of an organization is bound to follow the rules and regulation, which is set for them. This makes the system of the organization ideal and comfortable for all the employees to work.
Before getting in-depth knowledge of business communication it is necessary to know about communication and its importance in business. The term “communication” is derived from the Latin word that means to share, to convey or to take part in any conversation, meeting or dealings. It is a sort of sharing of ideas, facts and opinions among organization fellows in order to develop understanding on higher and lower levels. Formally, it is a source of interaction and a way to exchange one’s ideas, attitudes and feelings with others.
Sales process steps are the systematic way of getting customers on a regular basis. It also allows us to sustain the interest of the customers in the product or service. As we know, salesmanship is a highly skilled profession. Moreover a person who is to learn the art of inducing prospectus to buy goods which benefits both the seller and the buyer. However is a most difficult job in the modern world. Therefore a certain important sales process step should be followed by a salesperson. Hence I’m sure on the basis of these sales process steps, you may easily get better results for you and for your business organization.