Learning

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Logical Reasoning – Blood Relations

Blood relations:what do you understand by blood relation? It means relationship between two persons by birth and not by marriage. In order to understand the relationships, we can divide the relationships into two sides: Maternal side: related to mother>>Let us understand relationships of maternal side: mother’s side Mother’s father Maternal grandfather Mother’s mother Maternal grandmother

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Logical Reasoning
Singhvi Online

Nature & Scope of Business Economics

Now having understood micro and macroeconomics, let us understand the nature of business economics: The following points will describe the nature of business economics: .   Business  economics is a science ·   Based on microanalysis ·   Incorporates elements of macro analysis ·   Business economics is also an art ·   Use of theory

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Economics
Singhvi Online

Micro and macro economics

Hello everyone, welcome to the Singhvi Online family. Hope you are in the best of health and spirit. In today’s blog, we are going to understand the concept of Micro-economics and Macro-economics And the  nature of Business economics. Table Of Contents: Meaning of Micro Economics Definition of Micro Economics Interpretation Meaning Of Macro Economics Definition

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Economics
Business Economics Singhvi Online

What is Business Economics & How it helps in Decision-Making?

Hello everyone, welcome to the Singhvi Online family. Hope you are in the best of health and spirit. In the previous blog, we understood what economics is about, and we did economic analysis. Now we are going to learn Business Economics & Decision-Making with the help of Business Economics. Table of contents: Definition of business

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Economics
Emily Dikinson Singhvi Online

As Emily Dickinson penned down, back in the 19th century:

Luck is not chance— It’s Toil— Fortune’s expensive smile Is earned— The Father of the Mine Is that old-fashioned Coin We spurned—. Many might argue there is no such thing as luck, it all depends on hard-work. And I wouldn’t say I completely disagree, hard-work does get you to places and opens so many gateways

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Literature
Singhvi Online

Learn and understand how to easily perform a break even analysis

The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal. There is no net loss or gain, and one has “broken even,” though opportunity costs have been paid and capital has received the risk-adjusted, expected return. In short, all costs that must be paid are paid, and there is neither profit

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Economics