Tag: KMBHR03 Employee Relations and Labor Laws

Although it is not possible to have a flawless quantitative measure of human development, the United Nations Development Programme (UNDP) has developed a composite index, …

(i) Heavy pressure of population: Population has been rising in India at a rapid speed. This rise is mainly due to fall in death rate and …

(1) Weak, Private Sector: In an underdeveloped country, private enterprise is weak and may fail to take the necessary risks of pioneering those industries which …

(i) Capital Deficiency: Capital is of crucial importance for economic growth, but this is what the under-developed countries lack. With the low level of national …

The enduring issue of why some countries are rich while others remain poor has long been the subject of great interest among scholars. New research …

Key factor is nothing but a limiting factor or deterring factor on sales volume, production, labour, materials and so on. The limiting factor normally differs …

Angle of incidence It is the angle of intersection between total sales line and total cost line drawn in the case of break even chart. …

Owners and managers often continue to sell money-losing products out of sentimentality or unwavering optimism. To maximize your business’s profitability, you need to be equipped …

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level …

Differential cost analysis is also used when a business is confronted with the possibility of a temporary shutdown. This type of analysis has to determine …