Framework of e-commerce
eCommerce framework is related to software frameworks for e-commerce applications. They offer an environment for building e-commerce applications quickly. E-Commerce frameworks are flexible enough to adapt them to your specific […]
Functions of e-commerce
These are the typical functions of an e-commerce system available both on back office and front office: Registration Basket Payment Product management Orders management VAT and shipping costs Registration In […]
Goals of e-commerce
E-commerce is the route for purchasing goods and services online. The money transactions are done through online thus leads to the digital economy. One research data to know is that […]
Technical components of e-Commerce
Suppliers and supply chain management You are or plan to be a retailer in an increasingly competitive market. It means a lot to come up with a great idea, drive […]
Security of Clients and Service Provider
Security is an essential part of any transaction that takes place over the internet. Customers will lose his/her faith in e-business if its security is compromised. Following are the essential […]
Role of socio-economic environment in entrepreneurship
Role of economic environment in the development of entrepreneurship One of the most important factors affecting entrepreneurship is economic environment. It exercises the most direct and immediate influence on entrepreneurship. […]
Entrepreneurial Behavioral
Entrepreneurial behavioral is one of two behavioral alternatives underlying the desire to undertake innovations and to change the status quo. The other is managerial behavior. Entrepreneurial behavior embraces innovation, is […]
Meaning & Scope of Public finance
Public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in the economy. Prof. Dalton in his book Principles […]
Public finance Vs. Private finance
(i) Adjustment of Income and expenditure. An individual usually adjusts his expenditure to his income. But the public authority generally adjusts its income to its expenditure. In other words, we can […]
Principal of Maximum Social Advantage
The ‘Principle of Maximum Social Advantage (MSA)’ is the fundamental principle of Public Finance. The Principle of Maximum Social Advantage states that public finance leads to economic welfare when pubic […]
Public Budget
“A government budget is an annual financial statement showing item wise estimates of expected revenue and anticipated expenditure during a fiscal year.” Just as your household budget is all about […]
Deficit financing
Deficit financing in advanced countries is used to mean an excess of expenditure over revenue the gap being covered by borrowing from the public by the sale of bonds and […]
Public Expenditure: Meaning and Nature
Two main branches of public finance, namely, public revenue and public expenditure, we shall first study the public expenditure. The classical economists did not analyse in depth the effects of […]
Wagner’s view on increasing state activities
First, there is Wagner’s Law of Increasing State Activity. According to Wagner, a German economist, there are inherent tendencies for the activities of the Government to increase both extensively and […]
Wiseman Peacock Hypothesis
The second hypothesis about the growth of public expenditure has been put forward by Wiseman and Peacock in their study of public expenditure of U.K. According to this Wiseman-Peacock hypothesis, […]
Cannons and Classification of Public expenditure effects on production, Distribution and economic stability
Having studied the causes of large increase in public expenditure, it will be useful to explain the effects of public expenditure on the production and distribution in the economy. Public […]
