Labour | Types, Characteristics, Importance, and Efficiency
Labour | Types, Characteristics, Importance, and Efficiency

Introduction Labour is an important factor in production. Ordinarily, labor refers to that manual labour…

Micro Economics | Scope, Importance, and Limitations
Micro Economics | Scope | Importance | Limitations

Introduction The term Micro has been borrowed from the Greek word, 'Mikros' meaning small. However,…

Privatization | Characteristics, Objectives, and Advantages
Privatization | Characteristics, Objectives, and Advantages

Privatization means different things, but it usually involves moving something from government control to private…

Production Management Objectives, Functions, Production Planning & Control
Production Management | Objectives, Functions, Production Planning & Control

Introduction Production management is the practice of overseeing and controlling a company's operations to efficiently…

Economic Laws | Types, Features or Nature
Economic Laws | Types, Features or Nature

Introduction Like all other sciences, economics collects facts and undertakes systematic study. The facts are…

Display Devices LCD, LED, Seven Segment, Sixteen Segment
Display Devices | LCD, LED, Seven Segment, Sixteen Segment

Display Devices A display device serves as an output tool that visually conveys information. The…

Rotating Magnetic Field | Mathematical Analysis and Condition For Generation
Rotating Magnetic Field | Mathematical Analysis and Condition for Generation

Introduction A rotating magnetic field is a particular magnetic field created by using coils with…

Demand Forecasting Features, Uses, Purpose, and Methods
Demand Forecasting | Features, Uses, Purpose, and Methods

A forecast, particularly in the context of demand forecasting, is a prediction or estimation of…