Normally, it is considered that business administration and the economic theories are of different concerns but it is wrong perception.For a successful business administrator not only the business laws but the concept of economics especially the managerial economics also matteres. Whether the decision is about production and distribution, sale and purchase, goods and services, costs Read more
The term revenue means the income that a company receives from its normal business activities, usually from the sale of goods and services to the customers. Income which a company earns through dividends, interest or royalties amount paid by other companies is also called as revenue. Revenue may refer to the income earned through a Read more
Because of an industry-wide slowdown in sales, the French carmaker Renault announces 6,000 job cuts. According to Renault, about 4,900 jobs would be cut in France while the number would go 1,100 in other European countries. However, a severe reaction has been shown by the French unions to the news and CGT union has called Read more