A country where the average income of people is much lower than that of developed countries, the economy depends upon a few crops and where farming is conducted by primary methods is called developing country. “A developing country is that in which per capita income is low when compared to the per capita incomes of U. S. A, Canada, Australia and Western Europe.” According to united Nations Experts: “The under developed country is that which has low levels of living (absolute poverty, poor … [Read more...] about Characteristics of Developing Countries
Skills of a Salesperson
Salesman Qualities – The best ones are not learned in School or University. Qualities of Salesman are skills learned in the field, sometimes senior guides you to apply specific tactic or sometimes discussions with prospect create need to learn those skills. Everybody can sale but not everyone is a salesperson & If everyone is a salesman not every salesman is good salesman. Studies distinguishes Salesmanship & Selling. Top Skills of a Salesperson Salesman selling Traditional & … [Read more...] about Skills of a Salesperson
Advantages of Partnership
The partnership is combining two or more people in the same business for mutual interest. There are multiple Characterized reasons behind the popularity of partnership comparing to a sole proprietorship, joint stock companies and public limited companies. The other side of the coin is the Disadvantages. Ease of Organization Partnership can be organized without any legal formalities. There is no license fee, registration fee, registration fee for the formation of this type of … [Read more...] about Advantages of Partnership
Importance of Economics
“Political economy is perhaps the only science of which it may be said that the ignorance of it is not merely a deviation of good but produces great positive evil.”In the words of Malthus, “Economics is the intellectual religion of the day.”Durbin “The study of Economics is a practical necessity and a normal obligation.”Sir Henry Clay All it reflects that Economics has prime importance in social sciences which can be discussed in two parts Theoretical Importance of … [Read more...] about Importance of Economics
Characteristics of Partnership
The partnership is the most common form of business structure. In this, a minimum of two persons combine their investments, abilities, experiences, and other things to start a business. The maximum number of partnership varies in every country. A partnership is different from sole proprietorship but also the same to some extent. Like Sole proprietorship, owners manage all business parts to grow and earn handsome profit. Adding different talent in the business, personal relations, … [Read more...] about Characteristics of Partnership
Successful Small Business Ideas in UK
So, you are planning to start up a business. It is a great idea. But you may be not sure how to start a small business at home? There was a time, if you wanted to start your own business, you had to grovel to your bank manager, have something extraordinary to sell, and then try to persuade real people to buy it, and then you had a market value in the world of business. But that was before the internet era when there was no email, no social media, and no CRM software. Now a day, modern … [Read more...] about Successful Small Business Ideas in UK
What does Industrial Psychologist do? The Job of Psychologist
Psychology is that branch of science which helps to understand the workings of human mind and consciousness. After years of research and understanding the importance of psychology in businesses. The newly developed branch is Industrial psychology is out of many fields. Industrial Psychologist do make use of theories in the workplace, on workers and works in relation to the workers. Industrial psychologists play an exceptional role in an industry. Their presence makes a difference. What … [Read more...] about What does Industrial Psychologist do? The Job of Psychologist
Top 20 Best Law Schools In The US
Law is one of the most prestigious careers among others and to pursue a law degree from a reputable and top law schools is the initial step to hold your career as a judge, barrister or a solicitor has ranked the top 20 law schools in the US along with other 300 institutions worldwide. Top 20 Best Law Schools in The US Best 5 Law School in the US Duke University The Duke University is ranked on the top among all other law schools & universities in the US in 2018 by granting admission to only … [Read more...] about Top 20 Best Law Schools In The US
Importance of Zakat
The only reason for the importance of Zakat is that it is an important pillar of Islam. Different scholars may have different definitions of Zakat but in simple words, "Zakat is Purification of money". Zakat is due after 1 year of keeping the asset. These assets include everything excess from your needs. Zakat is totally different as the tax is imposed by National Govt but Zakat is part of belief in Islam. Every country imposes different types of taxes depending upon the economic condition … [Read more...] about Importance of Zakat
Types of Soil in Pakistan – Soil Classification & Characteristics
The physiography of Pakistan is very unique and has a diverse landscape all over the country, with a very distinctly climate in the whole country. Due to these reasons, the physiography of Pakistan is divided according to soil classification. The type of soil formed is a function of topography, climate, vegetation, and the parent rock from which the soil material is derived. Soil texture varies with the size of the soil particles. Coarse-textured soils are sandy, fine-textured soils are … [Read more...] about Types of Soil in Pakistan – Soil Classification & Characteristics