According to the Columbus, Ohio-based company Limited Brands Inc., its profit dropped by more than half during the 2nd quarter. The company said that difficult retail environment was the basic factor behind drop in its profit. However, the results of the 2nd quarter beat the expectation of the company as it kept a tight hold Read more
Declining-economy One of the realistic aspects of the modern day economy is the mounting inflationary rate and economic recession which is leading the world into depression as millions of people in the World are severely protesting against the regime of the United States why the prices of oil and gasoline are increasing and causing an Read more
Free trade refers to the trade that is done without any restrictions on the movement of good and services between countries, tariff (tax on imported commodities), quota and other quantitative restrictions.Thus in simple meanings, a country can import or export from other one without any barrier. The effects of free trade on international business can Read more
In business studies,the concept of market structures is much more relevant to the revenue.As the business enterprises aims to have maximum revenues they have to has the complete knowledge of the market in which they are running their organizations. Market structure differes on the basis of the no of the firms or organizations operating in Read more
In a business unit, the goal of maximum profit depends on how the resources are allocated among different projects. Economically speaking by Efficient Allocation of resources, we mean the distribution of available resources in such a way that all resources are fully utilized and there are increasing returns to scale.In a business organization allocation of Read more
An entrepreneur is the person who administrates a company, firm, group of companies or running any organization or business.Entrepreneur skills are much more important to run a business successfully, he or she must know the basics of the project management, marketing, leadership skills, business strategy and know how of the marketplace where he is working. Read more
Business services are available for small to medium sized business, as well as for growing corporations that need assistance in the managing other aspects of the business. These may include accounting services, accountant auditing and taxation services, business marketing, employee placement services, machinery and equipment, and even cleaning services.These essential service can be availed of whether Read more