Expenditure Method Definition in Economics
Expenditure Method In order to calculate national income by expenditure method, the economy is divided into …
Importance and Process of planning
Process of planning All organizations engage in planning activities, but not all organizations plan exactly in …
Definition of Hierarchy plan
Hierarchy of plan Plans from a hierarchy, flow down from higher levels to lower levels. Higher-level …
Meaning and Definition of Business Law
Concept of Business Law With the evolution of human life and civilization, people started communal living, …
Concept and Definition of Planning | Types of planning
Concept and meaning of Planning Planning is the primary function of management. It is looking ahead. …
Measurement of National Income – 2. Income Method
INCOME METHOD The income method measures national income from the side of factor income. This method …
Measurement of National Income – 1. Product Method
Measurement of National Income – 1. Product Method MEASUREMENT OF NATIONAL INCOME Production of goods …