About this Book Prior to the establishment of the Federal Reserve System (FRS), the U.S. economy faced frequent panics, bank failures, and credit scarcity due to unstable banking and financial systems prevailing in the market. Additionally, due to the rapid industrialization the decentralized banking system became more unstable. Specifically, the financial and the economy panic […]
About this Book Adoption of the word gemba has lagged behind adoption of the kaizen concept in the world. This is unfortunate but understandable; being present on the gemba can be a greater mind-set and behavior change than simply doing kaizen. The Cambridge Business English Dictionary is one of a few sources, as of November […]
About this Book Among so many of those incidents that are been linked with history, there is also the one which made many of the different parts of the world to get a huge downturn in terms of economy. It is not some casual down fall which many nations faces for every once in a […]
About this Book Trading of the fundamental commodities that are transformed in the process to offer the food for the human kind, the energy to fuel the needs and wants of people, and metals with myriad of applications, is one of the ancient forms of ancient activity. There were trades between India and china for […]
About this Book “When you can measure all those words that you are talking about, and break them into numbers, you know really something about it. To the contrary, when you are not measuring anything at all, then you have no idea on what you have spoken. You have no control over your sayings. The […]
About this Book A goal setting theory is basically a process that describes how to achieve goal in finite time and making a good carrier in respected field or in business. It is a motivational technique based on the concept that the practice of setting specific goal, achievement, performance, and setting the goals result. Each […]
About this Book This theory finds its origins in field of economics. It is said to be an applied branch of the very same field. In this theory, many ways in which people act in auctions are included. This theory also describes properties possessed by auction markets. An auction may follow a certain rule or […]
About this Book More or less, the worldwide economy alludes to the economy of the world, containing diverse economies of different nations, with an economy of every nation related with that of the other in some way. A key idea in the worldwide economy is globalization, which is the procedure that prompts a single economy […]
About this Book Economic history is mainly the study of past economies.It combines historical and statistical methods along with the application of economic theory to different times in history and to various institutions. While it primarily includes financial and business history, some of it overlaps with social history which helps us get an insight to […]