Commerce Blogs
Commerce includes all the activities right from manufacturing the products to selling it to the consumers.
Scope of business economics is the application of economic theory and methodology to business.
Diseconomics of scale occurs when the long-term average cost of an organization increases. It can occur when the tissue becomes excessively large.
David Ricardo, an English classical economist, first developed a Ricardian theory of rent in 1817 to explain the origin and nature of economic rent.
e-Rupi is designed as a digital payment system which enables users to access the service with the help of SMS or QR bar.
CBDC is a national digital currency or digital form of fiat currency of a country.
NEFT stands for National Electronic Fund Transfer is a centralised payment system of India.
NPCI is an initiative of the Reserve Bank of India and Indian Bank Association in order to promote the digital payment and settlement system of India at retail level.
The relationship between output and cost is expressed in terms of cost function. The companies use cost function to minimize cost and maximize production efficiently.
Derivatives are financial securities that depend on or derive from the underlying asset or asset group (benchmark).
The relationship between output and cost is expressed in terms of cost function. The companies use cost function to minimize cost and maximize production efficiently.
The functions of Lok Sabha are described in the following: 1. Legislation Its legislative powers and …
Cost analysis is concerned with determining the money value of input used for production which is called as overall cost of production.
Capital budgeting is the process of obtaining the best return on investment by evaluating investments and huge expenses
The law states that as a consumer consumes more and more units of a specific commodity, the utility from the successive units goes on diminishing.
The Integrated Marketing Communication seeks to have all promotional and marketing activities of an organization together
macroeconomic theories include theories of economic growth and development, national income, money, international trade, employment, and general price levels.
Each time an accounting transaction is created, at least two accounts are always affected, a Debit and Credit.