Ways through which government can reduce unemployment rate by implementing policies that revolve around the 8 solution that we have provided below. Journal of Causes of Youth Unemployment (educated ones) Before you go any further, and if you have time, you might be interested to read this awesome journal titled: Causes of Youth Unemployment in Developed and Developing Nation (Case Study of Pakistan). The Journal has some resourceful information on why there are so many educated youths yet they lack employment. List of Common Causes of Unemployment Causes of unemployment vary from one country to another but the major ones… Read More »
Business Studies QA
4 Types of Business Partners: Sample Partnership agreement form
What follow is a list of classification of 4 types of business partners and a pdf sample of Business partnership agreement form. What is a Business Partnership? In simple terms, a business partnership is a legal arrangement where two or more parties agree to start a business that would be difficult for a party to a achieve on its own . A partnership can be between organizations, groups, individuals, agencies, institutions e.t.c If you want to learn more about Business Partnerships check this free Journal titled: How to create successful partnerships. List of 4 Types of Business Partners Categories in… Read More »
9 Uses of National Income Statistics and Methods of Measuring
What follows is a list of uses of National Income statistics, some of the methods of measuring it and a definition of what national income statistics are. What are National Income Statistics? National Income Statistics is data generated from the value of goods and services produced by a country’s economy. 3 Methods of Measuring National Income The three methods of measuring Nation income are; Value added (Product Method) This methods involves calculating the contribution of each business in the domestic territory of a country. This therefore means that you must first have to identify and classify the business before… Read More »
How can Government Control Inflation Rate? (Answered)
Answer to, how government can control inflation, and brief explanation of what causes inflation in a country. What is inflation? In simple terms, inflation is the rice in the price of goods in a country due to decreasing value of its currency. What Cause Inflation? The major cause of inflation is the rice in price of goods Others causes include; Over supply of money High National Debt How can government control Inflation? Measures that may be taken by the government to control inflation include: Setting minimum and maximum wage limits to control salaries. Restricting imports Controlling of exports Restricting terms… Read More »
Where is a Credit Note used? (Sample Letter and Answers)
Below are answers to the business question; Where is a Credit Note used and sample credit note document. Sample Credit Note Letter Below is a sample Credit Note Document; What is a Credit Note? A credit Note is a document sent to the customer to inform him of money that a business owes him or money he is supposed to be refunded for goods that he purchased which are not in good condition or were over paid. Where is a Credit Note Used? Some of the circumstances under which a credit document can be used include; When correcting arithmetic error… Read More »
Explain how Peace Encourages entrepreneurial development in a country (Business Studies)
Below are answers to the question of how does peace in a country encourage entrepreneurial development? Ways through which Peace encourages entrepreneurial development (a) Entrepreneurs are assured of the safety of their investment hence encouraged to invest. (b) Funds are availed for investment instead of being spent on provision of security. (c) There is free movement of factors of production which motivates trade. (d) There is free interaction between people which encourage sharing of business ideas. (e) Reduced cost of insurance due to lower risks. (f) Increased markets since even foreigners feel free to trade with the locals. (g) Stable… Read More »
What are the Features of Labour as a factor of production? (Business Studies)
What follows are answers to the question; what are the features of labor as factor of production. What is Laboour? Labor is a basic factor of production. That is, it is used to produce goods and services. List of Features of Labour as a factor of production Below is a list of features of Labour; Labour is perishable: It cannot be stored Labour is not separable from the labourer The quality of Labour is variable Labour is mobile: It Can move from one place to another Labor earns salary or wages Labour is a basic or primary factor of production… Read More »
