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Business Ethics
Business
Business
ethics (also known as corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.[1] These ethics originate from individuals, organizational statements or from the legal system. These norms, values, ethical, and unethical practices are what is used to guide business. They help those businesses maintain a better connection with their stakeholders.[2] Business
Business
ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization. Business ethics have two dimensions, normative business ethics or descriptive business ethics
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Business Administration
Business
Business
administration is management of a business. It includes all aspects of overseeing and supervising business operations and related field which include Accounting, Finance
Finance
and Marketing.Contents1 Overview 2 Academic degrees2.1 Bachelor of Business
Business
Administration 2.2 Master of Business
Business
Administration 2.3 Doctor of Business
Business
Administration 2.4 PhD in Management 2.5 Doctor of Management3 See also 4 ReferencesOverview[edit] The administration of a business includes the performance or management of business operations and decision making, as well as the efficient organization of people and other resources, to direct activities toward common goals and objectives
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Econometrics
Econometrics
Econometrics
is the application of statistical methods to economic data and is described as the branch of economics that aims to give empirical content to economic relations.[1] More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference".[2] An introductory economics textbook describes econometrics as allowing economists "to sift through mountains of data to extract simple relationships".[3] The first known use of the term "econometrics" (in cognate form) was by Polish econom
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Mergers And Acquisitions
Mergers and acquisitions
Mergers and acquisitions
(M&A) are transactions in which the ownership of companies, other business organizations or their operating units are transferred or combined. As an aspect of strategic management, M&A can allow enterprises to grow, shrink, and change the nature of their business or competitive position. From a legal point of view, a merger is a legal consolidation of two entities into one entity, whereas an acquisition occurs when one entity takes ownership of another entity's stock, equity interests or assets. From a commercial and economic point of view, both types of transactions generally result in the consolidation of assets and liabilities under one entity, and the distinction between a "merger" and an "acquisition" is less clear
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Economics
Economics
Economics
(/ɛkəˈnɒmɪks, iːkə-/)[1][2][3] is the social science that studies the production, distribution, and consumption of goods and services.[4] Economics
Economics
focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics
Microeconomics
analyzes basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings, and investment) and issues affecting it, including unemployment of resources (labour, capital, and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal, and other policies)
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Commodity
In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.[1] The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets
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Public Economics
Public economics
Public economics
(or economics of the public sector) is the study of government policy through the lens of economic efficiency and equity. At its most basic level, public economics provides a framework for thinking about whether or not the government should participate in economic markets and to what extent it should do so. In order to do this, microeconomic theory is utilized to assess whether the private market is likely to provide efficient outcomes in the absence of governmental interference. Inherently, this study involves the analysis of government taxation and expenditures. This subject encompasses a host of topics including market failures, externalities, and the creation and implementation of government policy
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Labour Economics
Labour economics
Labour economics
seeks to understand the functioning and dynamics of the markets for wage labour. Labour markets or job markets function through the interaction of workers and employers. Labour economics
Labour economics
looks at the suppliers of labour services (workers) and the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income. In economics, labour is a measure of the work done by human beings. It is conventionally contrasted with such other factors of production as land and capital
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Development Economics
Development economics
Development economics
is a branch of economics which deals with economic aspects of the development process in low income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health, education and workplace conditions, whether through public or private channels.[1] Developmen
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International Economics
International economics
International economics
is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them
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Mixed Economy
A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.[1] There is not only one definition of a mixed economy,[2] but two major definitions are recognized. The first of these definitions is a mixture of markets with state interventionism, referring to capitalist market economies with strong regulatory oversight, interventionist policies and governmental provision of public services. The second definition is apolitical in nature and strictly refers to an economy containing a mixture of private enterprise with public enterprise.[3] In most cases and particularly with reference to Western economies, a mixed economy refers to a capitalist economy characterized by the predominance of private ownership of the means of production with profit-seeking enterprise and the accumulation of capital as its fundamental driving force
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Planned Economy
A planned economy is a type of economic system where investment and the allocation of capital goods is performed through economy-wide economic and production plans
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Environmental Economics
Environmental economics
Environmental economics
is a sub-field of economics that is concerned with environmental issues. Quoting from the National Bureau of Economic Research Environmental Economics
Economics
program:... Environmental Economics
Economics
... undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world ...
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Management
Management
Management
(or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management
Management
includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization. Social scientists study management as an academic discipline, investigating areas such as social organization and organizational leadership
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Open Economy
An open economy is an economy in which there are economic activities between the domestic community and outside. People and even businesses can trade in goods and services with other people and businesses in the international community, and funds can flow as investments across the border. Trade can take the form of managerial exchange, technology transfers, and all kinds of goods and services. (However, certain exceptions exist that cannot be exchanged; the railway services of a country, for example, cannot be traded with another country to avail the service.) It contrasts with a closed economy in which international trade and finance cannot take place. The act of selling goods or services to a foreign country is called exporting. The act of buying goods or services from a foreign country is called importing. Exporting and importing are collectively called international trade. There are a number of economic advantages for citizens of a country with an open economy
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Market Economy
A market economy is an economic system in which the decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand
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