phases of the business cycle

What are the phases of the business cycle?

As an economy grows and shrinks, it helps to explain the growth and contraction in economic activity that it undergoes throughout time. An economy has completed a business cycle when it has gone through a single expansion followed by a single recession in succession. The duration of the business cycle or phases of business cycle […]

Ethics and corporate social responsibility

Ethics and Corporate Social Responsibility

You can apply, Ethics and corporate social responsibility in many different ways. There are also four general and specific ways businesses can join both their efforts towards ethical business practices and towards social responsibility on the same page. They include Corporate giving, Ethical philanthropy. Corporate giving: Corporate giving is a means to an end. Its […]

In- Demand Career Trends

Top Aggressively In-Demand career trends – Post-Covid 19

To restore big job patterns, HR leaders need to reconsider preparation, management and efficiency methods for their staff. In crucial aspects, the coronavirus pandemic would permanently change the future of career trends.  The need for HR leaders is to evaluate the influence of each pattern on the activities and strategic priorities of their organization, determine […]

Balance of Payment

Business Ethics and its Importance

During any given time, the Balance of Payment is a statement that details all of the monetary transactions that have taken place between inhabitants of a particular country. A transaction statement contains all of the transactions made by and to people, corporations, and the government, and it is used to track the flow of money […]

ethical dilemmas in business

Ethical Dilemmas in Business

There are many ethical dilemmas in business. This is a fact of life. No matter what your field of endeavour is, you will encounter ethical dilemmas. They come in conflict with other companies, ethical dilemmas in personal relationships, ethical dilemmas in the workplace, and ethical dilemmas in decision making. In every situation, there are several […]