Commerce Blogs
Commerce includes all the activities right from manufacturing the products to selling it to the consumers.
the cross elasticity of demand is the percentage change in the quantity demanded of commodity X to the percentage change in the price of its substitute/complement Y
A trade cycle refers to fluctuations in economic activities especially in employment, output and income, prices, profits etc.
Demand-pull inflation exists when aggregate demand for a good or service exceeds aggregate supply.
Monetary policy is the process of drafting, announcing, and implementing the plan of actions taken by the central bank, currency board, or other competent monetary authority
The Integrated Marketing Communication seeks to have all promotional and marketing activities of an organization together
India, also known as Bharat, is a coalition of states.
Bookkeeping is just part of the accounting process that handles the recording of transactions.
actors of production transforms those resources into different goods or services which is made available to the end user.
Economics is a science that deals with the production, exchange and consumption of various goods in the economic system.
NEFT stands for National Electronic Fund Transfer is a centralised payment system of India.
Law of supply states that all factors being constant, seller supply more in the rising price and supply less when the price decreases.
What is privatisation? Privatisation refers to transfer of ownership, management and control of the public sector enterprise to the private sector.
Advertising Agency is just like a tailor. It creates the ads, plans how, when and where it should be delivered and hands it over to the client
The Liquidity Preference Theory says that the demand for money is not to borrow money but the desire to remain liquid.
Priority sector refers to lending to those areas of the economy which are considered as backward and need specific attention of the government for the development of such areas.
Treasury bills are money market instruments.
actors of production transforms those resources into different goods or services which is made available to the end user.