What are Economic Benefits? Economic benefits are any tangible advantages, such as the revenue generated or money saved, that may be quantified through the implementation…
Economic Analysis – Definition, Methods, Benefits
What is economic analysis? Economic analysis is the use of economic concepts and principles to make decisions about the allocation of scarce resources. The term…
Econometrics – Definition, Models and Methods
What Is Econometrics? Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. Econometric analysis typically…
E-Recruitment – Overview, Steps, Types and Advantages
What is e-recruitment? E-recruitment is an online recruitment process that involves various procedures of attracting, evaluating, selecting, recruiting, and onboarding job prospects. It is also…
What is Email Marketing? Definition, Strategy and Tips
What is email marketing? Email marketing is a type of direct marketing as well as digital marketing that uses email to market your company’s products…
What is E-learning? Definition, Types and Trends
What is e-learning? E-learning is defined as the use of electronic media and information and communication technologies (ICT) in education. E-learning includes all forms of…
Economics of Scope – Definition, Concept and Formula
What Are Economies of Scope? Economies of scale refers to the lowering of total manufacturing costs when a variety of goods are produced in tandem…
Economics of Production
What is the Economics of Production? Economics of production is the study of the relationships between economic variables, such as price, output, and factors of…
What Is Economics? Definition, Overview and Branches
What Is Economics? Economics is the scientific analysis of how individuals and groups allocate limited resources for production, distribution, and consumption. It includes the study…
Economic Value of Equity (EVE) – Definition, Purpose and Formula
What is the Economic Value of Equity (EVE)? The economic value of equity (EVE) is the market value difference between assets and liabilities. EVE assesses…
Economic Stimulus – Definition, Purpose and Examples
What Is Economic Stimulus? An economic stimulus is a Keynesian economics-inspired policy that encourages private sector activity by engaging in targeted, expansive monetary or fiscal…
11 Duties of Directors of a Company
What are the duties of directors? The duties of directors are set out in the Companies Act 2006 and include promoting the success of the…
Dupont Analysis – Definition, Formula and Calculation
What Is Dupont Analysis? Dupont analysis is a performance assessment framework that measures a company’s financial performance by breaking down its return on equity (ROE)…
Economic Capital – Overview, Importance and Role in Risk
What is an Economic Capital? Economic capital is the measure of the risk exposure of a firm’s capital. It is the amount of money required…
Economic Conditions – Definition, Importance and Characteristics
What are Economic Conditions? Economic conditions are the general state of the economy at a given time. They can be measured in terms of GDP,…
