Can Akdeniz's Blog, page 6
December 13, 2015
What is International Economics
International economics is a field of study that surveys the ramifications of international trade, international investment, and international acquiring and loaning. There are two different subfields within this discipline: international finance and international trade.
What is Economics
Economics is the study of how people settle on choices in the face of scarcity. These can be individual choices, family choices, business choices or societal choices. In the event that you glance around carefully, you will see that scarcity is an unavoidable truth. Scarcity implies that human needs for goods, services and resources surpass […]
What is Macroeconomics
Macroeconomics takes a gander at the economy in general. It concentrates on wide issues, for example, the growth of production, the quantity of unemployed individuals, the inflationary increment in costs, government deficits, and levels of exports and imports.
What is Microeconomics
Microeconomics is the branch of economics that spotlights on the decisions made by individual decision-making units in the economy, regularly consumers, and firms, and the effects those decisions have on individual markets. Macroeconomics is the branch of economics that spotlights on the effect of decisions on the aggregate, or total, level of economic movement. Why […]
What is 30,000-foot level
Used in the phrase, “Let’s view this from the 30,000-foot level.” The phrase is intended to be approximately synonymous with “the big picture” to encourage employees to look at things more broadly.
What is an 800-pound gorilla
An 800-pound gorilla is a phrase used to refer to entities so big that they cannot be controlled. (In reality, gorillas usually weight less than half that.)
ABC Analysis
A categorization technique used in inventory analysis and management, ABC analysis involves dividing inventory into three categories based on the level of control and depth of records each requires.
What is Agile Manufacturing
Distinct from lean manufacturing, agile manufacturing is used to describe companies that are designed to respond quickly to market changes or changes in the customer needs.
What is AIDA
AIDA is a mnemonic used in advertising to remember four important ad objectives: attention, interest, desire, and action.
December 4, 2015
What is Downsizing
Decreasing the number of employees at a company, usually to reduce costs in hopes of increasing profitability.
