atomsingh

[atomsingh]

Microeconomics vs Macroeconomics Economics is divided into two branches, namely: microeconomics and macroeconomics.

Microeconomics deals with the economic problems of a single industry or organisation, while macroeconomics deals with the problems of an economy as a whole.

#economics #MBA #BBA #BCOM #economy

[atomsingh]

What is Business Economics? Business Economics is the integration of economic theory with business practice for the purpose of facilitating decision making and forward planning by management.

Business Economics, also referred to as Managerial Economics, generally refers to the integration of economic theory with business practice. Characteristics of business economics are:

Microeconomics Normative science Pragmatic Prescriptive Uses macroeconomics Management oriented

#what is business economics #geektonight #MBA #BBA #BCOM #HR #economics #economy #finanace

[atomsingh]

Nature of economics is broadly categories into 3 types: Economics as a science, Economics as an art and Economics as a social science.

Nature of Economics Similar to the economics definition, there are a number of controversial issues related to its nature of economics. Some economists consider economics as a science, or economics as a social science while others have a believe economics as an art.

Economics as a Science Economics as an Art Economics as a social science

#geektonight #mba #bba #bcom #finance #hr #economics #social science #economy #employment #growth #investment

[atomsingh]

Discharge of contract means the termination of a contractual relationship between parties”. A contract is said to be discharged when it ceases to operate, i.e. when the rights & obligations created by it come to an end.

#business law #business #english #education #geektonight

[atomsingh]

Depending on the context of its use, an endorsement can have different meanings. An endorsement may be a signature authorizing the legal transfer of a negotiable instrument between parties.

#what is an endorsement #business #business law #eduaction #english

[atomsingh]

Soft skills are character traits and interpersonal skills that characterize a person’s relationships with other people. In the workplace, soft skills are considered to be a complement to hard skills, which refer to a person’s knowledge and occupational skills. Sociologists may use the term soft skills to describe a person’s emotional intelligence quotient (EQ) as opposed to intelligence quotient (IQ).

Soft skills have more to do with who people are, rather than what they know. As such, they encompass the character traits that decide how well one interacts with others and usually are a definite part of an individual’s personality. In a competitive labor market, employees who demonstrate they have a good combination of hard and soft skills often see a greater demand for their services.

#soft skills #business communication #english #education

[atomsingh]

What is Oral Communication?

Oral Communication Definition: In oral communication, spoken words are used. It includes face-to-face conversations, speech, telephonic conversation, video, radio, television, voice over internet.

In oral communication, communication is influenced by pitch, volume, speed and clarity of speaking. Oral communication means spoken communication or communication through speech. Oral Communication Definition: Oral communication takes place in face-to-face conversations, group discussions, telephone calls and other circumstances in which spoken word is used to express meaning. Oral communication takes place when spoken words are used to transfer information and understanding form on person to another.

#communication #oral communication #english

[atomsingh]

10 Types of Communication

Communication is the process of passing information and understanding the same from one person to another. Thus, communication means understanding the information, facts, or opinions of someone.

#10 Types of Communication