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...

Balance of Trade and Balance of Payment

Balance of trade and balance of payment are two commonly used terms in international economics. These terms are different but related to each other as Balance of trade is a component of Balance of Payment. BOT include as current item in balance of payment and...

Managing Diversity

People often take the meaning of diversity in terms of race, gender, ethnicity etc, but the truth is that diversity has a much broader scope than that. Diversity is mainly related to the different kinds of human qualities that are present in each of us but vary on...

Products VS Services

Products are the tangible entities which are offered in the market by Organization to fulfill the needs, wants and demands of the customers. Products are tangible products in the market which customers purchase from market to satisfy needs or wants. Customers always...

CPI – Consumer Price Index

Consumer Price index(CPI)  is the average price of product and services purchase by the consumers. Where The GDP price index measure the rate inflation of all products and services on the other hand CPI indicates the change in consumer prices for the defined time...