Effectiveness of Teams

Highly organized and effective organizations are made not born. The touch of effectiveness is added by the motivation and dedication of team members, supervisors and the leaders. In order to have a well organized and stabled team, motivation, hard work, dedication and...

Key Success Factors of Hotel Websites

Key success factors refer to those factors which are important to future competitive success of industry members. These factors include product attributes, competitive capabilities, resources, competencies, market achievements etc. It is very important for the...

Capitalism – Merits and Demerits

Capitalism is the most common and modern social system, widely acceptable by advance economies.  This system advocates for the principle of individual rights. The basic philosophy behind is “economic liberalism.” This School of thought believes that there should...

Merits and Demerits of Socialism

Socialism is a social and economic system refers to common ownership over the mean of production of state. It is believed that socialism is a system evolved against the injustices of industrial era. Marxist and non-Marxist both agreed that socialism is reaction of...

Correction of Balance of Payments

Correction of Balance of Payment is a long term objective. Economies need strong and consistent steps to handle deficit Balance of Payment. BOP comprises of current account, capital account, unilateral transfer account, official reserve transaction account. These...

Types of Teams

The rate of teamwork is now growing day by day in most of the organizations. Now people do prefer to work in teams in order to generate effective outcomes. In fact, by working in teams innovative and unique results do arises which tend to be fruitful for our...

Principles of Taxation or Cannons of Taxation

An obligation on people and businesses of a country by the government is called taxation. Since ancient times, governments have been collecting revenues form their population in different forms. It was necessary in order to meet the different expenditures which the...

Teamwork Defined

In today’s workplaces, where the motive is to gain the competitive edge and to obtain the best potential outcomes, the trend of teamwork is enhancing and flourishing day by day. The organization where work is based on individual characteristics is now not...

Art Lies in Concealing Art

Art is actually a representation of life in which an artist tries his/her level best to show the images of life. But an art is presented in such a way that nobody can imagine that it is unnatural, superficial or artificial. It is the skill of an artist that he/she...