the other hand‚ development is a multi-purpose and multi-disciplinary term. It can be defined as‚ “A multi dimensional process that involves the quantitative increase in wealth and qualitative changes in the economy through improved technology‚ better utilization of natural resources and better social division of labour.” (Lipalile page 10). Development today is used mostly to describe growth in an economic sense. However from the above definition it is apparent that development is not limited to
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Role of capital market in the context of development of nation What is Capital Market? Institutional arrangements for facilitating the borrowing and lending of long term funds. INVESTORS IN CAPITAL MARKET Role of capital market Capital Formation Economic Growth Development of backward area Generates Employment Long Term Capital to Industrial Sector Generation of Foreign Capital Developing Role of Financial Institution Investment Opportunities Capital Formation Rate of capital
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Introduction: The role of culture in the economic development of countries is often overlooked by economists‚ yet it can significantly affect a country’s economic development. Culture generates assets‚ such as skills‚ products‚ expression‚ and insight that contribute to the social and economic well being of the community. I will show the benefit of culture’s impact on economic development through tourism‚ social capital‚ and corporate governance. In contrast‚ culture can produce negative outcomes
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1 Development Banks: Their role an d importance for development C.P. Chandrasekhar Among the institutions whose role in the develo pment of the less developed regions is well recognised but inadequately emphasised are the development banks. Playing multiple roles‚ these institutions have helped promote‚ nurtu re‚ support and monitor a range of activities‚ though their most important function has been as drivers of industrial development. All underdeveloped countries launching on national
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marketing and advertising tips‚ internet and website marketing tips marketing index A simple guide to marketing‚ strategic business planning‚ advertising and promotion and sales lead generation‚ for small UK businesses especially. With tips and techniques for advertising and PR‚ for non-marketing managers‚ and for marketing and advertising professionals too; this is marketing and advertising made simple. Also some easy tips on website design‚ internet advertising and marketing. While much of this
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field. This essay examines why organisational culture is considered as one of the most important factors to organisational success by explain three viewpoints. First is how organisational culture improves the effectiveness of the organisation. Second‚ organisational culture can be a source of competitive advantage. Third‚ organisational culture has influence on organisational creativity and innovation. This essay also suggests how managers should manage organisational culture. Due to the debate on
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set out‚ through an investigation into the Zimbabwean experience‚ to examine the role local Non-Governmental Organisations (NGOs) can play to uphold human rights in a repressive environment‚ in response to state-induced internal displacement situations. The debate about NGOs and their role in the triadic development process (state‚ markets and NGOs) is explored. While NGOs have been projected as the development ombudsman‚ questions about their effectiveness‚ transparency accountability‚ and being
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Role of Commercial Banks in Economic Development According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” Various economists have different views about the role of commercial banks in economic development. Schumpeter says‚ “It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development”
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Management : a function in organisations designed to maximise employee performance in service of their employer’s strategic objectives. HR is primarily concerned with how people are managed within organisations‚ focusing on policies and systems. Organisational Behaviour : studies the impact individuals‚ groups‚ and structures have on human behaviour within organisations. It is an interdisciplinary field that includes sociology‚ psychology‚ communication‚ and management. The companies which interest
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What Role has the Insurance industry In Economic development? The insurance industry has come a long way from ship owners‚ merchants and underwriters gathering in Edward Lloyd’s coffee house in London to discuss their marine voyages to new colonies of the British Empire. Over the years‚ Insurance has become essential in our everyday lives. Something we just can’t live without. Our Economics and Societies are growing phenomenal rates and have become more and more interconnected on the rest of the
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