Computer Hardware Today many jobs mainly depend on the either the creation or collection, and distribution of information. This topic addresses the different advancements in computer technology. Computer Generations As…
Individual Behavior in organizations Individual behavior is actions of people. The focus and goals of individual behavior within organizations vary from one person to another. Generally this individual behavior is…
What is Financial Statements? A financial statement is an organised collection of data prepared in accordance with logical and consistent accounting procedures. Its function is to convey an understanding of…
Communication Functions Communication serves five major functions within a group or organization : management, feedback, emotional sharing, persuasion, and information exchange. Communication acts to manage member behavior in several ways.…
What is Rectification of errors? The process of correcting the errors committed and to set the accounting records right is called rectification of errors. So accounting errors are the errors…
What is market structure? Market structure can be explained as interconnected characteristics of a market, such as the number and relative strength of buyers and sellers and degree of collusion…
What is monopoly? The term monopoly has been derived from Greek term Monopolian that means a single seller. Thus, monopoly is a market condition in which there is a single…
What is Monopolistic Competition? Monopolistic competition is a situation of market in which the number of producers and sellers is large though not so large as to create the situation…
What is supply? Supply can be defined as that much quantity of commodity which a producer or seller is willing and able to sell at given price level. Supply of…
What is Microeconomics? Microeconomics is the study of the economic behavior of individual consumer and producer and of individual economic variables i.e. production and pricing of individual goods and services.…