Micro vs Macro Economics The difference between Micro and Macro Economics lies in the fact that while microeconomics analyzes small firms and individuals, macroeconomics analyzes the economic issues as a whole. Microeconomics deals with demand and supply whereas macroeconomics deals with the productive capacity of the economy. Microeconomics studies the income of an individual whereas …
‘Management’ is a crucial skill for all of us to ensure a well-organized life. Similarly, in official purposes, management refers to the multiple activities done by the organization. These activities need to be executed with significant planning, controlling, managing, and other foremost actions. Thus, management ensures a core element behind every successful organization. Today, all …
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In the marketing world, businesses are supposed to design the pattern of strategies that satisfy customers’ needs, maximize the level of profit, raise sales, and beat their competitors. The term product and production concepts are frequently compared. The idea of a product concept is known as similar to the marketing concept because it includes the …
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Branding is a parameter that ensures a product or a service is detached especially from other products in the market. It is through branding that a product or a service becomes a standout and gains a competitive advantage above the substitute products. In the branding process, many users confuse brand identity from the brand image …
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Spin-off and split-off are components of divestiture, which involves dividing a company or selling part of it to another company leading to the creation of a separate branch. Spin-off vs Split-off The difference between Spin-off and Split-off is that in a spin-off, the parent company distributes the shares of the divested company to the existing …
Excellent project management skills play a pivotal role in the success of a business enterprise. These skills are crucial in the determination of the budget and time required for the achievement of a project’s goals. PERT and CPM are the two standard statistical techniques adopted to ensure time consciousness and cost-effectiveness in the completion of …
