Bitopi Kaashyap has Published 694 Articles

Occupational Structure

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 12:17:03

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Introduction Occupational structure refers to the framework of different occupations that build up the economy of a nation. Usually, in an economy, people are engaged in various professions in different proportions. All these professions make up the occupational structure of an economy. The occupational structure of different nations varies greatly ... Read More

Opening Entry

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 12:14:42

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Introduction: What is an Opening Entry in Economics? An opening entry is the record of a previous balance sheet that is recorded newly in a new balance sheet. Usually, when a new accounting period begins, the older records are used as the new entry to start in the new balance ... Read More

Organic Farming

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 12:12:44

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Introduction: What is Organic Farming? Organic farming is an agricultural system based on ecologically based pest controls and biological fertilizers. These fertilizers used in organic farming are derived chiefly from animal and plant wastes and nitrogen fixation obtained by using special crops. Present- day organic farming is a response ... Read More

Outstanding Expenses

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 11:59:30

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Introduction: What is an Outstanding Expense? Outstanding expense refers to expenses that have not been paid by a business yet. Usually, businesses do not pay all expenses when they incur them. Some expenditures are made at the end of the year or at some other decided time. These expenses ... Read More

Perfect Competition Defining Features

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 11:56:46

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Introduction: What is Perfect Competition? The term perfect competition is attached to a market condition where − All companies sell similar or the same products There is no barrier for firms to enter the market. Market share of companies does not influence the price Buyers have complete, perfect, or ... Read More

Physical Capital Vs Human Capital

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 11:21:26

13 Views

Introduction Companies need money and/or assets to start a new venture or expand the existing one. These assets and money that a company owns are known as capital. No company can run successfully without capital. Money is needed in every business aspect while monetary and non-monetary assets help organizations run ... Read More

Physical Distribution in Economics

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 11:19:20

13 Views

Introduction In order to operate successfully businesses, need to move products, raw materials, and goods between factories, warehouses, and distribution centers. They also need to move or send finished products to the markets. These movements are broadly called physical distribution in economic terms. Physical distribution involves various channels, including wholesale ... Read More

Apostrophe: Use & Examples

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 10-Jan-2024 11:05:51

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Introduction: What is an Apostrophe? An apostrophe is a punctuation mark that is mainly used to show possession or ownership of something or someone. It can also be used to form contractions and to indicate missing letters and numbers. It is indicated by the symbol ’. According to the ... Read More

Advantages and Risks Associated with Preference Shares

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 09-Jan-2024 14:11:18

43 Views

Introduction: What are Preference Shares? There are two types of shares that are allowed investors to invest in – equity shares and preference shares. Equity and preference shares have some distinct differences and they appeal to different categories of investors. Although equity shares are more common in financial terminologies, ... Read More

Policy Tools to Control Money Supply

Bitopi Kaashyap

Bitopi Kaashyap

Updated on 09-Jan-2024 14:04:19

22 Views

Introduction: What is Monetary Policy? The monetary policy includes actions taken by the central bank of a nation to promote healthy economic growth. The focus of monetary policy may be on cash, ledgers, credit, mortgage, bonds, loans, cheques, etc. These policies are aimed to control the economy and are helpful ... Read More

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