Everything you need to know about the concept of management. Management means 'managing activities'. Therefore, wherever there is a group of people working presence of management can be felt. It may be a group of friends working on a project, an NGO working towards women welfare or a business enterprise busy making profits. Management consists of a series of interrelated [...]
Essay on the concept ‘Elite’ theory. Vilfredo Pareto and Gaetaro Mosca, the two Italian sociologists first developed the elite theory. Elite theory developed as a reaction to Marxist theory.
Short essay on the Gandhiji's concept of Satyagraha. The term Satyagraha was coined by Gandhiji to express the nature of non-violent direct action of the Indians in South Africa against the racial policy of the Government there.
The concept of popular sovereignty locates ultimate political authority in the people. The theory is as old as hills. The ancient Roman philosophers expounded the idea of popular sovereignty ..
Key notes on Gandhi's Concept of Satyagraha. Satyagraha implies deference to truth. It means to insist upon truth in the non-violent way. Further, it is a resistance through non-violence.
Brief notes on Gandhian concept of non-violence (Ahimsa). Throughout his career, Gandhiji championed the cause of Ahimsa or non-violence. By that he could easily disarm even a powerful enemy.
Brief Notes on the Western Concept of NIEO. For the Western World, NIEO signifies a search for a new world economic order which should bring change, but at the same time ensure continuity in the existing order.
Brief note on the concept of consumption function. Consumption function or propensity to consume refers to income consumption relationship. It expresses the functional relationship between two aggregates i.e. total consumption and total volume.
What do you mean by the modern concept of rent? Modern economists are of the opinion that land is inelastic in supply. It has no cost of production thus whole of the return produced, on land goes to rent. As the supply of land is inelastic it yields rent.
A very short note on the concept of business Strategies. The concept of strategy in business has been borrowed from military science and sports where it implies out-maneuvering the opponent.