Search Results for: Human Resource

Industrial engineering

What is Production planning and Control ? [Simply explained], 8 Functions of production planning and control.

Production is the transformation of raw material into finished goods. planning looks ahead anticipates possible problems and decides in advance as to how the production carried out in the best way. 
Control makes sure that the programmed production is constantly maintained.

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Economics

Who are the Barefoot Entrepreneurs? Why They Struggle to Succeed?

The term “barefoot entrepreneur” evokes a distinct image: resourceful individuals operating small businesses outside the formal regulatory and tax frameworks. They navigate the bustling streets, dusty markets, and vibrant communities of the informal economy, driven by the desire for self-reliance and economic opportunity. These entrepreneurs, often overlooked in traditional economic models, play a crucial role in providing essential goods, services, and employment, particularly in developing countries.

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Economics

Gross Domestic Product (GDP) |Full Explaination with Definition, Characteristics, 4 Main Types, Calculation & Limitation

Gross Domestic Product (GDP) is the monetary value of all finished goods and services produced within a country’s borders in a specific time period. It is a comprehensive measure that reflects the overall economic performance of a nation, encompassing the total value of goods and services generated by businesses, governments, and consumers. GDP serves as a key indicator for assessing the size and health of an economy, providing insight into its level of production and economic activity.

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Economics

6 Primary Structures of Market with Real-World Examples| EDUCATIONLEAVES

Join us on this journey as we navigate through the 6 primary structures of markets: Perfect Competition, Monopolistic Competition, Oligopoly, Monopoly, Monopsony, and Oligopsony. There are two more types we will also discuss. We’ll uncover the defining characteristics of each market type, explore real-world examples, and discuss the implications these structures have on businesses, consumers, and society as a whole.

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Communication

Interpersonal Skills and its Components |PDF Inside | For Personal and Professional Growth

The term interpersonal skills denote a range of abilities and traits that equip individuals to communicate, interact, and foster favorable relationships with others. These skills include active listening, empathy, communication (verbal and nonverbal), conflict resolution, and teamwork. They are essential for creating positive interactions in both personal and professional settings..

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Economics

Corporate Social Responsibility: [PDF Inside] Definition, Example, Principles, Importance, 7 Pillers, Benefits, Why We Should Implement It?

Corporate Social Responsibility (CSR) is a concept that refers to a business’s commitment to operate ethically and contribute positively to

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