Notes Learning 
Introduction Poverty refers to the state or condition of having limited access to the resources and opportunities needed to meet basic needs such as food, shelter, clothing, education, and healthcare. It is a lack of access to the basic necessities of life, often accompanied by a low standard of living and poor quality of life. … Read more
Introduction Mobile payments refers to the use of a mobile device, such as a smartphone and personal digital assistant (PDA), to make financial transactions. This can include things like buying products or services, paying bills, and transferring money. Mobile payments can be made through a variety of methods, including near-field communication (NFC), text messaging, or … Read more
Introduction Good governance is the manner in which power is exercised in the management of an entity’s or a country’s economics and social resources for development. Good governance refers to the way in which a government or organization is run. It includes characteristics such as transparency, representation, accountability, participation, competence and effectiveness. Good governance ensures … Read more
Introduction Delegation in management is the process of assigning tasks, responsibilities, and authority to others in order to accomplish a goal or objective. It involves the transfer of decision-making authority from one person to another, along with the accompanying resources and support. Delegation is an important aspect of management because it allows managers to focus … Read more
Limitations of Microeconomics Microeconomics studies individual units, hence, it cannot provide the complete overview of the whole economy. The scope of microeconomics is limited and the study of microeconomics is based on many assumptions. There is no doubt about its importance but there are several limitations in microeconomics. Microeconomics Limitations Generalization Microeconomics studies individuals and … Read more
Importance of Microeconomics Microeconomics and Macroeconomics are two major disciplines in Economics. Microeconomics deals with the behavior of individuals, firms and households in decision making and allocation of resources whereas macroeconomics deals with the macro perspective i.e. the overall economy. Macro perspective of the economy involves the markets, businesses, consumers and the governments. Microeconomics explains … Read more
Introduction Recruitment refers to the process of finding and hiring qualified candidates for open job positions within an organization. This process typically includes a variety of activities such as job posting, advertising, screening resumes, conducting interviews, and making hiring decisions. It is also a process of searching for prospective employees and stimulating and encouraging them … Read more
Introduction Forward rates and spot rates are important and related concepts in finance that refer to the future and current prices of financial instruments, such as currencies or bonds. Forward Rate The forward rate is the price at which a financial instrument can be bought or sold for delivery at a future date. It reflects … Read more
Introduction The term “employee retention” describes the management strategies used to encourage employees to stick around the company for a longer period of time. The ability of a business to reduce employee turnover, or the amount of employees who quit their jobs either freely or involuntarily, is known as employee retention. For an organization to … Read more
