Society is defined as “A collection of individual who have organized themselves into a distinct group.” Culture is defined as “A kind of social cement that consists of the characteristic habits, ideas, attitudes, beliefs and ways of thinking of a particular group of people.” Now after …
What is business, what is the nature of business & what are characteristics of business? What is Business Business denotes busi-ness, that is the state of being busy – any activity in which one keeps himself busy. But the economic term of business refers to work, …
Business Cycle occurs due to numbers of factors and causes, these causes are classified into: 1. External Causes of Business Cycle 2. Internal Causes of Business Cycle External Factors of Business Cycle 1. Wars. In war days all the available resources are utilized for the production …
Characteristics of Business Cycle or Trade Cycle Following are the important characteristics of business cycle. Aggregate economic activity – Fluctuations in the aggregate economic activity represents business cycle. If there are downswing and upswing trends in a particular sector of the economy, they will not present trade …
What is Line Organization Meaning Line organization is also known as vertical organization or departmental organization. This is the oldest form of organization. Line organization assumes that direct authority is exercised by a superior over his subordinates. The flow of this authority is always downwards. This …
Introduction Areas of Individual Differences Individuals have variety of differences. Some individual differences are natural to humans which cannot be controlled or changed and some can be changed and controlled by human beings living in society. These are the differences which makes humans different in various …
Below are the two functions of educational psychology To develop theories of learning and teaching and To formulate practical suggestions for the teaching learning processes These functions of educational psychology are discussed below in detail. Theories of Learning and Development A theory is set of related …
Jurisprudence and Psychology Psychology defined as “the study of human mind”. It deals with the mechanism of mind, how it is agitated and influenced, and what are the good and bad minds? In modern society, most of the problems are solved by applying the rules of …