Basic Concepts of Recession and Inflation Recession A recession refers to a period of decline in productive economic
Category: Business Studies
Four Definitions and Principles of Economics: Wealth, Welfare, Scarcity and Growth
Introduction Economics is the branch of social sciences that deals with understanding how and why the economic choices
Business Research: It’s Meaning, Process and Objectives
Meaning of Business Research Business research is the process of studying a company’s competitors, stakeholders, and profit &
Marginal Cost: Definition, Uses and Example
Meaning of Marginal Cost Marginal cost refers to additional cost incurred on producing one more unit of the
Are fixed deposits taxable on maturity?
As far as India is concerned, a large number of individuals tend to prefer investing in fixed deposits
Advantages of Cloud-Based Banking System
Having a cloud-based platform is rapidly turning into the standard for IT modernization, especially in the finance and
Group vs Team: Difference and Comparisons
Meaning of Group and Team The Group and team are two distinct terminologies, although are mostly used as
Capital Commitment: How it works
Meaning of Capital Commitment Capital commitment is defined as the amount of capital that a company has committed
Budget Line: Meaning, Formula, Shift in budget line
Meaning of Budget Line Budget line refers to straight line with downward slope indicating the distinct combinations of
Promissory Notes: Meaning, Features, Elements, Types, Advantages and Disadvantages
Meaning of Promissory Note Promissory note refers to legal and financial document containing written promise made by one