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Business environment
Managers need to need to keep abreast of the latest economic developments in countries around the world, and use this information to analyse and correlate with the economic environment in which businesses function to be able to make informed decisions that will enable the organization to progress de...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Chennai, India :
Pearson,
2011.
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| Edición: | 1st edition. |
| Temas: | |
| Acceso en línea: | Texto completo (Requiere registro previo con correo institucional) |
| Sumario: | Managers need to need to keep abreast of the latest economic developments in countries around the world, and use this information to analyse and correlate with the economic environment in which businesses function to be able to make informed decisions that will enable the organization to progress despite obstacles. A course in business environment fosters this ability and in Business Environment A. C. Fernando integrates concepts with real-world situations and the most recent data to help students grasp complex economic concepts, a clear understanding of which is required to comprehend the various facets of business environment. He adopts a jargon-free style and presents the subject matter logically, from elementary to complex concepts to engage the student completely. Divided into eight parts comprising fifty chapters, the book has been designed to be of particular use to students who are not familiar with the concepts of economics. |
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| Notas: | National Economic Growth. |
| Descripción Física: | 1 online resource (1 v.) : ill. |
| Bibliografía: | Sources of Capital Formation -- Capital Formation in India -- Capital Accumulation -- Factors Affecting Capital Accumulation -- Capital Accumulation in Developing Countries -- Savings -- Sources of Savings -- Domestic Savings in India (1951-2008) -- Investment -- Rate of Investment and Capital Formation -- Reasons for the Low Level of Investment in India -- Investment Commission -- Summary -- Notes -- Key Words -- Discussion Questions -- Suggested Readings -- Part II: Economic Systems and Policies Relating to Business -- Chapter 9: Economic System and Capitalism -- What is an Economic System? -- Capitalism -- Private Property -- Consumer Sovereignty -- Freedom of Enterprise -- Enlightened Self-Interest -- Profit Motive -- Competition -- Existence of Markets and Prices -- Absence of a Central Plan -- Limited Government -- Active Entrepreneurship -- Class Conflict -- Use of Advanced Technology -- Specialization Based on Division of Labour -- Extensive Use of Money -- Merits -- Automatic Functioning -- Greater Efficiency and Incentive for Hard Work -- Higher Rate of Capital Formation and Growth -- Economic Development and Prosperity -- Optimum Utilization of Resources -- A Just System of Reward and Penalty -- Democratic System -- Adaptability -- Encouragement to Enterprise and Risk Taking -- Demerits -- Excessively Materialistic -- Not as Productive as Other Economic Systems -- Gives Rise to Class Conflict -- Social Injustice and Economic Inequality -- Ignores Human Welfare -- Periodic Economic Instability and Unemployment -- Precedence of Property Rights Over Human Rights -- Emergence of Monopolies -- Misallocation of Resources -- Malpractices -- Summary -- Notes -- Key Words -- Discussion Questions -- Suggested Readings -- Chapter 10: Socialism -- What is Socialism? -- Features -- Merits -- Demerits -- Summary -- Notes -- Key Words. |
| ISBN: | 9332500967 9789332500969 |