Difficulties in the Measurement National Income

National Income is a top line figure for the any country’s economy; However, Arranging statistics in a reliable data source need considerable attention and there are some hurdles in measurement of national income. Duplication A major threat to national income...

Space Matrix of Harrah’s Entertainment

Space matrix is an important strategic management tool used for the purpose of determining the type of a strategy a company should undertake. The top management of an organization could easily identify the most appropriate strategy for a given enterprise. For example...

Unemployment – Types of Unemployment

Unemployment is an economic condition where people willing for job remain unemployed. Unemployment level differs from country to country as per their economic conditions. In developed countries unemployment level is low as compare to developing countries. ...

Causes of Unemployment and Solutions

According to classical economists there is always full employment in the economy. Neither ever raises unemployment nor there possibility of inflation. This is the reason, they believed in the operation of market forces and free enterprise system, except law and order...

Strategic Group Mapping of Retail Chains

Strategic Group Mapping is analytical tool used for showing the different market or competitive positions that rival firm occupy in the industry. It is very important to analyze the industry’s competitive structure and indentify the strategic groups (strategic...