Foreign Aid vs. FDI: Benefits, Risks, and Impacts on Developing Countries
Benefits of Foreign Aid
- Economic Development: Foreign aid can serve as a crucial catalyst for economic development in developing countries. It provides resources for infrastructure, education, and healthcare, laying the foundation for sustainable growth.
- Poverty Alleviation: Well-targeted aid programs can effectively alleviate poverty by addressing basic needs and creating opportunities for income generation.
- Human Capital Development: Aid can support education and healthcare initiatives, contributing
Understanding Economic Systems and Key Figures
Economic subjects: families (consumers), firms (producers) and government.
THE CIRCULAR- FLOW DIAGRAM:
-Families/Households buy and consume goods and services, paying a price for them. Own and sell factors of production and receive an income (wage) for them.
-Firms produce and sell goods and services (receiving a price for them) and hire factors of production (paying a price for them).
-In the markets for goods and services, the families buy and the firms sell.
-In the markets for factors of production,
Read MoreWhen a competitive market becomes controlled by a monopoly, the price ________ and the output ________.
Marketing Strategy | Consumer Psychology | Segmentation, Targeting, + Positioning | ||
What is Marketing?The activity, set of institutions + processes for creating, communicating, delivering + exchanging offerings that have value for customers, clients, partners + society at large What can be marketed?fundamental purpose of Marketing is to create value by developing a variety of offerings. Product: any good/service/ idea -Consumer goods/services -B2B goods/services -Not-for-profit marketing -Idea, place, + people | ||||
Organizational Structure and Design Concepts
Structure of a Company
Organizational design concept. Divides in 2- formal organizational structure: established by management in a planned manner. Informal organizational structure: unplanned relationships, spontaneously. Organizational design: process through which managers evaluate, create, and modify the formal organizational structure to carry out necessary activities to achieve objectives. Formal structure reflected in an organization chart. Organizational structure is not static, adapts to
Read MoreUnderstanding Car Expenses, Insurance, and Financial Terms
CAR EXPENSES:
For one-off expenses, such as purchase price, stamp duty & transfer of registration fee (where applicable). For annual & ongoing expenses, including registration, compulsory car insurance, optional car insurance, loan repayments (if applicable), fuel, parking, car maintenance, & car servicing (for periods not covered by warranty if applicable). If there is an accident involving your car, you could have to pay for the costs resulting from injuries to yourself/others, damage
Read MoreUnderstanding Debentures and Corporate Finance
Debentures
Debentures are one of the principal sources of raising borrowed capital to meet long and medium term financial needs. Over the years debentures have occupied a significant position in the financial structure of the companies. The term debenture has come from the Latin word ‘debere’ which means to ‘owe’. The term debenture has not been defined clearly under Companies Act. Sec 2(30) of the Companies Act 2013, only states that, ‘the word debenture includes debenture stock, bonds
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