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Interest rate controls – Positive and Negative effects

Introduction to interest rate controls Interest rate controls protect consumers of credit from high interest rates charged by the financial institutions. On the other hand, a price control refers to a deliberate attempt by the government to set either a minimum or maximum price for a commodity or service in the economy. Maximum prices are … Continue reading Interest rate controls – Positive and Negative effects

Externalities – Meaning, Types, Causes, Consequences and Solutions

Introduction to Externalities Since time immemorial, good human values require every person to be considerate of their neighbor as they go about their daily activities. Thus before carrying out an activity of any type – socio-economic or otherwise – one should ask what impact, negative or otherwise, this activity is likely to have on a … Continue reading Externalities – Meaning, Types, Causes, Consequences and Solutions

Maximize on account receivable collections – Strategies

Introduction and Definition of Credit Risk Credit risk is one of the major business risks that has brought businesses, including major multinationals, to their knees.  Credit risk is further more dangerous for a business under incubation. This article will teach you how you can maximize on account receivable collections and keep your business going. Simply put, … Continue reading Maximize on account receivable collections – Strategies

Traditional libraries versus online libraries

Are traditional libraries becoming obsolete? Comparing traditional libraries with online libraries. For users who don’t know how to use them, the traditional libraries can pose a challenge as they may have to search every cabinet and scan numerous pages of many publications just to find what they are looking for. This is the reason why … Continue reading Traditional libraries versus online libraries

Business environment analysis in strategic management

The Concept of a Business Environment A business environment refers to all conditions, whether internal or external, that affect the operations or success of an institution established with an aim to make profits. There are three distinct business environments which are: Internal business environment External business environment Operating business environment Internal business environment This type … Continue reading Business environment analysis in strategic management

How to Create an Effective Teaching Plan – Scheme of work

How to Create an Effective Teaching Plan: Apply a scheme of work and a lesson plan For a teacher, planning refers to an effort to foresee and prepare for as many deliberate actions as possible. A scheme of work is the major planning tool for teachers. With regards to schemes of work and lesson plans, an effective … Continue reading How to Create an Effective Teaching Plan – Scheme of work