The economist and sociologists in the western world are showing their strong logic in favor of globalization. The advantages of globalization are described below: The free flow of product and service: The major positive side of globalization is free to flow goods and services among various countries in the world. The produced products and services […]
Year: 2020
Measures to control inflation
The following measures are needed to take to control inflation and reduce goods prices. Increased production To reduce inflation, it is important to increase production in a country. Besides, the use of better quality seeds, fertilizer, and better water supply can increase production. The production in the industrial sector can increase by using needed materials, […]
Effect of inflation on different classes of people
There are various types of people live in our society. Inflation effects are not the same for all people in society. One party may damage due to inflation and the other party may gainer at this time. The effects of inflation on the people in the society are given below. Effect the fixed income earning […]
The effects of coronavirus pandemic on world economy | COVID-19 business impact
The effects of coronavirus pandemic on world economy : What did this COVID -19 bring to the global economy instead of progression? Stagnation ( L,U,V curve on economics type): It defines that a prolonged period of little or no growth in an economy . Besides, if the economic growth is 2 percent or 3 percent […]
Definition of Business intelligence -Importance with Example
What is business intelligence ( BI Definition )? Well, it’s quite important to understand the importance of business intelligence for all business graduates. Okay, I m going to describe what is business intelligence and why it is important for business people. Business intelligence is the process of technology for analyzing data and interpreting actionable information. […]
What is artificial intelligence ? Definition ,Types and uses of AI
What is artificial intelligence ( AI ) In maximum time, when people learn about Artificial intelligence, they usually think about robots. Initially, they believe that it can work more quickly than human being and quickly responds in any kind of problem solving . So, now we need to understand what is Artificial intelligence? Artificial intelligence […]
What is competitive intelligence and Why it is important for firms?
What is competitive intelligence? Competitive intelligence is the way of collecting information on the business environment, competitors, competitive products and services, and overall business industry. In short, Competitive intelligence is a way of identifying competitive gaps between two competitors. Is Competitive intelligence gather ethical? Yes. Competitive practices are ethical and legal in business law.Competitive intelligence involves […]
What is the role of farmer, food marketing firm and consumer in the food production and marketing system ?
What do you think the food production and marketing system will be like in the year 2030? What is the role of the farmer, food marketing firm, and consumer? let’s see. The food marketing system is mostly shaped by and serves three key players. The Food producers Different types of Food marketing firms Food consumers […]
Describe barriers in international marketing
Before describing barriers in international marketing, I would like to say what is international marketing. International marketing is the activity, institutions, and processes across national borders. It creates, communicates, delivers and exchanges offerings that have value for the stakeholders and society. In the case of international marketing, there exist a lot of barriers. Some are […]
F- Commerce, blessing for women entrepreneurs !
We all are familiar with the term E-commerce but most of us are unfamiliar with F Commerce. So, today, I’m Gonna tell you what is F- Commerce and why it is important for us. Let’s start – Facebook is the name of a blessing in disguise. It has changed lives beyond expectations. It has created self-employment, boosted […]
