Entrepreneurship

Starting and running a business: ideas, theories, funding, challenges and the Indian startup ecosystem.

Money flowing out of a treasury faster than exports bring it in, illustrating causes of balance of payments disequilibrium
Entrepreneurship, Managerial Economics

Quick answer: Causes of BoP disequilibrium include economic factors (trade deficit, domestic inflation, rapid development, overvalued currency, business cycles, commodity

Economist levelling a scale of exports and imports illustrating correcting balance of payments disequilibrium
Entrepreneurship, Managerial Economics

Quick answer: Balance of payments disequilibrium is corrected through automatic adjustment (exchange rates and prices) and deliberate measures. Monetary measures

Company island linked to government, society, nature and market islands, illustrating the business environment
Entrepreneurship, Marketing & Sales

Quick answer: The business environment is made up of internal and external factors that are interdependent and constantly changing. It

Manager climbing eight steps from problem to feedback, illustrating the decision-making process
Entrepreneurship

Quick answer: Managers make sound decisions in eight steps: identify the problem, diagnose its real cause, collect relevant information, develop

Manager motivating an energetic team with a trophy and growth ladder
Entrepreneurship, Management & HR

Quick answer: Employees can be motivated in six ways: positive (rewards and recognition), negative (fear of penalties, used sparingly), individual

Manager at a planning board with goal flag and alternative routes, illustrating good planning
Entrepreneurship

Quick answer: Good planning is goal-oriented, comes first among management functions, exists at every level, is continuous, flexible and future-oriented,