Economic system

Tu B’Shevat – The New Year for Trees Tu B’Shevat falls on the 15th of Shevat, being the 11th month on the Jewish, God’s calendar. Tu B’ Shevat – this year falls on Wednesday, 31st of January 2018— is the day that marks the beginning of a “new year” for trees. This is the season in which the earliest-blooming […]

Predatory lending is the unfair, deceptive, or fraudulent practices of some lenders during the loan origination process. People who in desperate need for a product will always be willing to do anything to posses that product, today this type of lifestyle is known as a materialistic lifestyle. Buying things with the money that a person does not have on consumers […]

A SWOT analysis can be carried out for a company, product, place, industry, or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Users of SWOT analysis must ask and answer questions that generate meaningful information […]

Working, having a job or an employment is supposed to be a human right that contributes towards social development and employment. The act of working or having a job enables us as human beings to maintain and sustain; the social interactions which allows us to exchange services among each other, networking among workmates, sharing of […]

The Master of Business Administration (MBA or M.B.A.) is a master’s degree in business administration (management). The MBA degree originated in the United States in the early 20th century when the country industrialized and companies sought scientific approaches to management. The core courses in an MBA program cover various areas of business such as accounting, applied statistics, business communication, business ethics, business law, finance, managerial economics, management, marketing and operations in a manner most relevant to […]

A Bachelor of Commerce (baccalaureates commercii, abbreviated B.Com. or B.Comm.) is an undergraduate degree in commerce (or business) and related subjects, usually awarded in Canada, Australia, India, Ireland, New Zealand, Pakistan, South Africa and other Commonwealth countries; however, the degree is no longer offered in the United Kingdom. The Bachelor of Commerce degree is designed to provide students with a wide range of managerial skills, while building competence in a particular area of business (see below). Most universities, therefore, […]

In economics, consumer debt is the amount owed by consumers, as opposed to that of businesses or governments. In macroeconomic terms, it is debt which is used to fund consumption rather than investment. It includes debts incurred on purchase of goods that are consumable and/or do not appreciate.   To make a consumer buy an item on debt (someone who does not have any money, […]

A consumer is a person who takes money from his pocket or account to purchase an item. A consumer is a person or organization that uses economic services or commodities The consumer is the one who pays something to consume goods and services produced. As such, consumers play a vital role in the economic system of a nation. Without consumer demand, producers would lack one of the key motivations to produce: to sell to […]

What is a social Enterprise?  A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being—, this may include maximizing social impact of a community, alongside bringing in profits for company or business owners. Positive moral principles: The positive moral principles which governs a social enterprise can […]

Marketing research is “the process or set of processes that links the producers, customers, and end users to the marketer through information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve understanding of marketing as a process. Marketing research specifies the information required to address […]