Economics

Transformational leadership

   Send article as PDF    Introduction: Leadership can be described as an important quality of a person, a vital attribute for an organisation or a key source for an effective team towards attaining success. In these ways, leadership occupies its space in different fields and proves to be important in several aspects. The role …

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Types of economic system and how policies effect organizations

   Send article as PDF    In this report I have outlined Economic systems,type of Economies System, Government Intervention and Policies, Fiscal & Monetary Policies influence an Organization, International Trade, Importance of International Trade, The European Union (EU), An Organization in UK – Bristol & West Bank, Economic Implications for the UK of entry into …

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Types of economies and how they attempt to solve the basic economic problem

   Send article as PDF    Different economies have different solutions to the basic economic problem. The different economies included are traditional, market, planned and mixed. Many different countries embrace the following varying economies. Countries included would be the United States of America, which embraces a mixed as well as market economy, Papa New Guinea, …

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The Ten Principles of Economics

   Send article as PDF    PART 1: Principle 1: PEOPLE FACE TRADEOFFS: To get something one has to sacrifice other thing. For example, a country can spend its maximum resources for its defence but at the same time, it has to sacrifice the maximum spending for the country welfare. A society also faces tradeoffs …

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