Role of MNC in Hotel

• Post author:rajvuniversity
• Post published:June 15, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/Role of MNC in Hotel/UNIT‐V

Role of MNC in Hotel- Multinational corporations (MNCs) play a significant role in the hotel industry. Here are several ways in which they influence and contribute to this sector: 1.…

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Commercial Bank

• Post author:rajvuniversity
• Post published:June 15, 2024
• Post category:commercial Bank/Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/UNIT‐V

Commercial Bank- A commercial bank is a financial institution that offers various financial services to individuals, businesses, and governments. These services typically include accepting deposits, providing checking and savings accounts,…

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Functions of central Bank

• Post author:rajvuniversity
• Post published:June 14, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/Functions of central Bank/UNIT‐V

Functions of central Bank- The central bank plays a crucial role in a country's economy. Its functions can be broadly categorized into several key areas: 1. Monetary Policy Implementation The…

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Types of elasticity of demand

• Post author:rajvuniversity
• Post published:June 14, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/types of elasticity of demand/UNIT‐IV

Types of elasticity of demand- Elasticity of demand measures how the quantity demanded of a good responds to changes in various factors. There are several types of elasticity of demand,…

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Demand schedule

• Post author:rajvuniversity
• Post published:June 14, 2024
• Post category:demand schedule/Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/UNIT‐IV

Demand schedule- A demand schedule is a table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices, during a…

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Factors influencing demand

• Post author:rajvuniversity
• Post published:June 14, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/factors influencing demand/UNIT‐IV

Factors influencing demand- Demand in economics refers to the quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.…

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Meaning of demand

• Post author:rajvuniversity
• Post published:June 13, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/Meaning of demand/UNIT‐IV

Meaning of demand- The term "demand" can have various meanings depending on the context. Here are some common interpretations: Economic Demand: In economics, demand refers to the quantity of a…

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Functions of entrepreneur

• Post author:rajvuniversity
• Post published:June 13, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/functions of entrepreneur/UNIT‐III

Functions of entrepreneur- An entrepreneur plays a multifaceted role in the economy, involving various functions crucial to the success of a business. Here are the primary functions of an entrepreneur:…

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Characteristics of capital

• Post author:rajvuniversity
• Post published:June 13, 2024
• Post category:Characteristics of capital/Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/ECONOMICS/UNIT‐III

Characteristics of capital- Capital refers to the assets, resources, and wealth that individuals, businesses, and governments use to produce goods and services. It is a crucial factor of production in…

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Division of labour capital

• Post author:rajvuniversity
• Post published:June 13, 2024
• Post category:Diploma in Hotel Management and Catering Technology/DIPLOMA THIRD SEMESTER/division of labour capital/ECONOMICS/UNIT‐III

Division of labour capital- The division of labor and capital are fundamental concepts in economics and production processes: Division of Labor: This refers to the specialization of tasks or jobs…

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