As per Alfred Marshall, the law of Diminishing marginal utility states that by consuming more and more units of a particular commodity the marginal utility
Lord Robbins in his book,” an essay on Nature and Significance of Economic Science” in 1931 defined Economics as Science of Scarcity. According to him,
Dear Friends, Today we will discuss about the story of Tata Consultancy Services company popularly or commonly known as TCS. We will discuss about its
Classical economists Adam Smith and J.B. Say developed study of wealth. As per Adam Smith,” Economics is an enquiry into the nature and causes of
Economics is the study of the activities of human beings which they perform for acquiring the limited or scarce resources for the satisfaction of their
Principles of management are broad and general guidelines for decision making. These are helpful for the managers while taking decisions about the organisation. Let us
Meaning of Delegation of Authority: Delegation of authority means transfer of authority from superior to subordinate. It always flows downloads from top level to the
Dear Friends, In one of my earlier articles, I have explained one of the best tax-free investments which is the public provident fund commonly known
In this article, we will discuss motive, motivation, motivators, and features of motivation. Let us discuss them one by one: Motive: It is the internal
Hello Friends, We must have heard that a company is giving bonus shares and a company is doing a stock split. Do you know the
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