Everything you need to know about corporate social responsibility. Corporate Social Responsibility (CSR) is an evolving concept that is yet to command a standard definition. With an understanding that businesses have a key role of job and wealth creation in a society, CSR is generally understood to be the way an organization achieves a balance between economic, environmental, and social [...]
Agro-industries in India rank fifth in the industrial economy in terms of their contribution to value addition. This sector contributed 13.5 per cent (1997) of the total industrial output with a direct employment generation for more than 15 lakh persons and this was 19 per cent of the labour force in industries. With capital being only 5.2 per cent of [...]
Everything you need to know about the types of economic systems. Economic system determines the nature of state intervention in the business. Thus, economic system is an integral part of the business environment. Economic System consists of “those institutions which a given people, a nation or a group of nations have chosen or accepted as the means through which their [...]