Tag Archives

Special Drawing Rights and The Floating Rate Era

Special Drawing Rights which is also known as SDRs were created by the IMF as a reserve asset in 1970. Apart from being an international reserve asset it plays …

The International Monetary Fund (IMF)

The International Monetary Fund (IMF) is the international organization which thoroughly oversees the global financial system by following the macroeconomic …

The Great Person School of Thought of Entrepreneurship

School of thought is the way of thinking about a subject matter and for a certain subject matter there can be more than one school of though. Entrepreneurship …

A New Model on Strategic Management

Strategic Management is the process by which the organization identifies its desired level of performance and developing/executing an action plan to achieve …

What is Entrepreneurship?

Entrepreneurship is defined as the process of making money, earning profits and increasing the wealth while posing characteristics such as risk taking, …

What are the Benefits of Strategic Management?

Strategic management includes strategic planning, implementation and review/control of the strategy of an organization. All most all the modern organizations …

What are the Basic Functions of a Manager?

There is a management/manager for every business and business activities. Depending on the size of the organization there can be managers at functional level …

M – Commerce and Trends for 2010

It wasn’t not long ago online shopping joined the history. Now, the mobile revolution promises to repeat the same with the “anywhere …

Introduction to National Income

National Income (Y) is an the total level of activity of given economy in a particular period. In other words national income measures the total level …

Theories of Economic Development

ROSTOW’S STAGES OF ECONOMIC GROWTH This was provided in 1960 by W. Rostow and he identified five different economic stages for a country. * Traditional …