journals and personnel. 2.0 EXTERNAL ANALYSIS - ENVIRONMANTAL FACTORS Environmental influences and trends can be thought of as layers around an organisation. The most general layer is the macro-environment where an understanding of political‚ economic‚ social‚ technological‚ environmental and legal (PESTEL) can provide an overall picture of the variety of forces at work around an organisation. Understanding the key components of PESTEL is essential to an organisation
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RAPID POPULATION GROWTH IS ONE OF THE PROBLEMS OF HUMAN RESOURCE UTILIZATION IN NIGERIA. WHAT CAN BE DONE TO REDUCE THIS PROBLEM? A MANPOWER ECONOMICS ASSIGNMENT Akinrodoye Adunola INTRODUCTION Population can be defined as the number of people living in any defined area at any given time. Hence the population of Nigeria consists of all the people who live in the country at any given time (Dictionary of Economics‚ 1998; Ojo‚ 1997). Population however cannot be treated in
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the making of this city‚ as the economic growth had several implications on the social and political life as well. Thus‚ this period saw the coming up of several shops owned by business families who had migrated from different regions of India‚ setting up of cotton mills‚ the Native Stock Exchange centre for joint stock/ ventures etc. The economic growth was also linked to the rise of political thoughts and ideas amongst the upper classes of the native population which later included the middle class
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1. Why is the assumption of land as a homogenous factor of production no longer considered tenable? In classical economics‚ land along with labor and capital are considered as one of the factors of production. Land is often regarded as the original factor of production because it is found in nature and therefore not produces and cannot be derived from anything else. As a natural good‚ land was considered the source of wealth thus agriculture was the only sector that could increase it. Thus
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Authoritarian Government and Economic Development Abstract: The purpose of this study is to examine the correlation between economic development and authoritarian governments. The objectives of this study are to find out whether authoritarian governments an impediment to economic growth and how the authoritarian governments are performing economically compared to the developed democratic nations. The study was conducted using a quantitative approach. In the first part of the study questionnaires
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economically advanced industrial societies. Another reason for the emergence of the modernization theory derived from Adam Smith’s Wealth of Nations‚ which represented the widespread practical interest on economic development during a time when there was a constant relation between economic theory and economic policy that was considered necessary and obvious. It was by analysing‚ critiquing‚ and hence moving away from these assumptions and theories that the modernization theory began to establish itself
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first proponent of the economic value of education. He emphasized on how education helps to increase the productivity of the labour force in various ways‚ including both general education and technical training. He was the one who introduced for the first time the concept of human capital. Later other well known economists (Malthus‚ 1798; Mill‚ 1848; Marx‚ 1878; Marshall‚ 1890; Schumpeter‚ 1934; Harrod‚ 1939 & Domar 1946; et al) placed special attention to the economic growth process. During the second
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E-commerce and Economic Development (A Study Sponsored by the South Asia Network of Economic Research Institutes) Mahesh C Purohit Vishnu Kanta Purohit Foundation for Public Economics and Policy Research 133‚ SFS‚ Ashok Vihar-IV New Delhi-110052 Phone: 27463008; 27427758 Fax: 27142802 e-mail: director@fpepr.org website : www.fpepr.org 1 E-commerce and Economic Development (A Study Sponsored by the South Asia Network of Economic Research Institutes) Mahesh C Purohit Vishnu Kanta
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The relationship between the economic growth and environment is and may always remain a complex matter. Some perceive the emergence of new pollution problems unsuccessful when dealing with global warming. There are others however‚ that have a more optimistic view. They see tremendous progress made in improving air quality in major cities and note ever improving human condition which was made possible by the advances of technology. The limited natural resources of the planet had many years been
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(intermediary) in the Development & Growth of an Economy & Employment in any Country! Executive Summary: The aims of any economic planning are to produce a competitive environment to promote employment and sustainable long-term growth. This paper demonstrates that the insurance industry plays a vital role in this strategy and provides evidence on how insurers contribute to growth and employment in Europe. Economists have demonstrated that economic growth and insurance development are interdependent
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