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Discusses the production of goods and services, including factors involving the labor force, the cost of service, and how it relates to the worldwide economy.
In an era of prolonged and profound economic uncertainty, financial literacy has never been more important, especially for those who are on the brink of setting out on an independent adulthood. This series introduces readers to some of the fundamental principles of finance, both public finance and personal finance. Subjects covered include the production, distribution, purchase, and consumption of goods and services, savings and investments, money and banking, the stock market, supply and demand, and taxes and government spending. Readers are given both the macro and micro view of economic theory and practice.
This revised set of resources for Cambridge IGCSE Business Studies syllabus 0450 (and Cambridge O Level Business Studies syllabus 7115) is thoroughly updated for the latest syllabus for first examinations from 2015. Written by experienced teachers, the Coursebook provides comprehensive coverage of the syllabus. Accessible language combined with the clear, visually-stimulating layout makes this an ideal resource for the course. Questions and explanation of key terms reinforce knowledge; different kinds of activities build application, analytical and evaluation skills; case studies contextualise the content making it relevant to the international learner. It provides thorough examination support for both papers with questions at the end of each chapter and an extensive case study at the end of each unit. The CD-ROM contains revision aids, further questions and activities. A Teachers CD-ROM is also available.
In companies that produce goods and services, productivity and efficiency improvements are a constant challenge. This book reviews the differences between productivity and efficiency. It proposes a new method and makes available a computational tool for implementation that contributes to facilitating the use of Data Envelopment Analysis (DEA). The book presents a discussion about productivity and efficiency, illustrating the potentials of use and conceptual differences. It covers the concepts and techniques for analysis of productivity and efficiency, analyzing critical benefits and limitations, explains in detail how to use DEA for analysis, provides innovative methods for using DEA, offers a free online computer tool with a direction guide, shows real empirical applications, and covers other techniques that can be used to complement the analysis performed. The book is for professionals, managers, consultants, students working and taking courses in productive systems of goods and services. Ancillary materials include a free online computer tool to operationalize the concepts and methods proposed in the book, a guide on how to use the method and the software developed for the DEA application. Solutions manual, instructor’s manual, PowerPoint slides, and figure slides also will be available upon qualified adoption.
Description of the product: • 100% Updated with Latest syllabus & Questions Typologies • Crisp Revision with Topic wise Revision Notes, Mind Maps & Mnemonics • Extensive Practice with 2000+ Questions & Practice Papers • Concept Clarity with 1000+concepts & 50+concept videos • 100% Exam Readiness with Answering tips & Suggestions.
The law of the Supply and Demand is a vital concept and part of the economy of the world. This is a concept which is followed by every country and every place in order to make good progress in the product of the goods and services, in the fulfillment of the various demands of the consumers. It is an important aspect which shows the relationship between the various resources and the demands of those resources. The supply is also an important aspect of the production and manufacturing of goods and services. Any business is incomplete without the proper use and utilization of the supply and demand. There is a proper structure which is needed to be followed in order to understand the whole concept. This concept helps in gaining good profits to a company or business and at the same time, it takes care of the consumers and their needs.
A book entitled “BASICS OF ECONOMICS FOR BUSINESS ORGANISATIONS” of Dr. Hindurao Sankpal and Dr. Anil Gaikwad is a decent contribution to the educational and Business sector. A Book on Economics for All is a useful and most important book for all and also to Business Organizations. Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources. Economics focuses on the actions of human beings, based on assumptions that humans act with rational behavior, seeking the most optimal level of benefit or utility. The building blocks of economics are the studies of labor and trade. Since there are many possible applications of human labor and many different ways to acquire resources, it is the task of economics to determine which methods yield the best result.
Microeconomics is the most engaging introductory economics resource available to students today. Using real businesses examples to show how managers use economics to make real decisions every day, the subject is made relevant and meaningful. Each chapter of the text opens with a case study featuring a real business or real business situation, refers to the study throughout the chapter, and concludes with An Inside Look—a news article format which illustrates how a key principle covered in the chapter relates to real business situations or was used by a real company to make a real business decision. Solved problems in every chapter motivate learners to confidently connect with the theory to solve economic problems and analyse current economic events.
