What is Communism: Meaning Definition Examples
Communism is a socio-political ideology that advocates for the abolition of private property and the establishment of a classless society.…
Demerits
Mixed Economy Definition Characteristics Pros Cons Examples
A mixed economy is an economic system that combines elements of both capitalism and socialism. There is a mix of…
What is the Executive Information System (EIS)?
Executive Information System (EIS) Meaning, Factors, Characteristics, Advantages, Pros, Benefits, Merits, Disadvantages, Cons, Limitation, and Demerits; An Executive Info System…
What is Alternative Business Structure (ABS)?
What is Alternative Business Structure (ABS)? They what help to do; An alternative business structure could be a firm that…
Departmental Organization: Meaning, Definition, Characteristics
What does mean Departmental Organization? It is one of the conventional and most basic forms of public endeavors predominant in…
Data Science: Meaning, Advantages, and Disadvantages
Data Science has become a progressive innovation that everybody appears to discuss. Hailed as the “hottest occupation of the 21st…
Ledger Merchant Account: Meaning, Advantages, and Features
Ledger Merchant Account: The ledger system of double-entry bookkeeping includes the utilization of various record administered books (known as a…
Activity Based Costing: Meaning, Features, and Advantages
What is ABC (activity based costing)? It is the collection of financial, operational, performance information tracing the significant activities of…
Capitalist Economy: Meaning, Definition, Features, Merits, and Demerits
What does mean Capitalist Economy? Meaning; It is one of the oldest economic systems and its origin is at the time…
Capitalism: Meaning, Definition, Characteristics, Features, Merits, and Demerits
What does mean Capitalism? Capitalism is an economic system based on the private ownership of the means of production and…