Entrepreneurial Process Entrepreneurial process of new venture formation comprises all the functions, activity and action which are necessary for developing the new venture. Basically it… Read More »Stages in Entrepreneurial Process
Entrepreneurs Types 1. Based on Functional Characteristics Innovative Entrepreneurs: These entrepreneurs have the ability to think newer, better and more economical ideas of business organisation and… Read More »Different Types of Entrepreneurs
Disinvestment is defined as the shrinkage of capital investment that is caused by the failure of a firm to maintain or replace the capital assets… Read More »What is Disinvestment?
Social Justice Social justice denotes the equal treatment of all citizens without any social distinction based on caste, colour, race,religion,sex and so on. It means… Read More »What is Social Justice: Principles
Nature of Economic Reforms Economic reforms in India refer to the set of instruments and strategies adopted since 1991. Liberalization, privatization, and globalization are the… Read More »Economic Reforms: Nature and Objectives
Mixed Economy Mixed economy emerges with joint characteristics of capitalist and socialist economy. It is the combination of public ownership as well as private ownership.… Read More »What is Mixed Economy? Features, Merits and Demerits
Socialism is an economic system that is owned and regulated by the government. All the production and other activities such as investment pattern, income distribution,… Read More »What is Socialism?
Five Year Plan Objectives Economic Growth: Economic planning in India aims at bringing about a rapid economic development in all sectors. The key sectors are agriculture,… Read More »Five Year Plans Objectives and Importance
Five Year Plan is usually spread over two to three years. The first stage is the consideration of the general approach, to the formulation, involving… Read More »Five Year Plan and their Importance
Meaning and Definition of Economic Planning Economic Planning can be defined as the long term plans and decisions made by the central government for the… Read More »Economic Planning in India: Objectives