Difference between Micro and Macro Economics. Economics: Economics is divided into two categories one is macroeconomics and another is microeconomics. Macroeconomics studies aggregate output, employment, and the general price level. Microeconomics studies the economic behavior of individual decision-makers like resource owners, consumers, and business … [Read more...] about Difference between Micro and Macro Economics
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What is Internship Program? – Objective and Importance
What is Internship Program? The internship is a process to achieve practical knowledge about some theoretical lessons. Basically, an internship means having practical knowledge from a real scenario of work.The purpose of the internship is to gain real knowledge of a particular subject. What is Internship Program? Two Ways for Acquiring … [Read more...] about What is Internship Program? – Objective and Importance
What is GSP? And Why the US suspends GSP in Bangladesh?
What is GSP? The Generalized System of Preferences (GSP) is a form whereby a wide range of industrial and agricultural products originating in certain developing countries is given preferential access to the markets of the European Union and North America. The preferential agreement is given in the form of reduced or zero rates of customs duties. The GSP scheme is … [Read more...] about What is GSP? And Why the US suspends GSP in Bangladesh?
Porter Five Forces Model
Porter Five Forces Model. Porter Five Forces are very important from the viewpoint of strategy formulation. The potentiality of these forces varies from industry to industry. These forces jointly determine the profitability of the industry because they form the prices which can be obtained, the costs which can be borne, and the investment required to compete in the industry. … [Read more...] about Porter Five Forces Model
Ethical but not Legal and Legal but not Ethical Conducts
Legal but not Ethical Conducts and Ethical but not Legal. Legal but not Ethical Conducts Not ethical but Legal definition is a major difference. Laws are written and stated and expected to be followed for legal purposes. A code of ethics is unwritten moral rules that differ from person to person and between cultures. Not Ethical but … [Read more...] about Ethical but not Legal and Legal but not Ethical Conducts