Difference between Financial, Cost and Management accounting

  FINANCIAL ACCOUNTING MANAGEMENT ACCOUNTING PRIMARY USERS External( Investors, government authorities, creditors) Internal(Managers of business, employees) PURPOSE OF INFORMATION Help investors, creditors, and others make investment, credit, …

Relationship between Saving and Consumption Investment Function

An important controversy in macroeconomics relates to the relationship between saving and investment. Many economists before J.M. Keynes were generally of the view that saving …

Consumption Function

The consumption function, or Keynesian consumption function, is an economic formula that represents the functional relationship between total consumption and gross national income. It was …

Methods of Measurement National Income

There are four methods of measuring national income. Which method is to be used depends on the availability of data in a country and the …

Disinvestment of Public Enterprises

An important aspect of present industrial policy of the Government is that it should not operate commercial enterprises. With that end in view the Government …

Industrial Policy 1991

The New Industrial Policy of 1991 comes at the center of economic reforms that launched during the early 1990s. All the later reform measures were …

Basic Characteristics of Indian Economy

India is regarded as one of the fastest growing major economy in the world. Since 2010, while most emerging economies witnessed a declining trend in …

Managing Diversity

Our workforce, our customers, and your markets are increasingly diverse. To promote individual and organizational success, you must welcome diversity and manage it well. These …

Environmental Analysis, Strategic Management

Business leaders can control aspects of the internal environment that can positively or negatively affect a company’s operating and financial results. For example, leaders shape …

Advantages and Disadvantages of E- Commerce

ADVANTAGE OF E-COMMERCE Today, e-Commerce has revolutionized the way companies are doing business. Now, consumers can purchase almost anything online 24*7 a day and get …

error: Content is protected !!