Finance FAQs

What was the theory of mercantilism?
Mercantilism was the economic philosophy underlying English colonial policy. The object of mercantilism was to increase the wealth of the Mother County (Great Britain) in gold and silver. To accomplish that goal, a favorable balance of trade was d...... More »
Why was Vietnam divided into two countries?
The north was communist, the south was capitalist, which was determined by their supporter states, the USSR and the US after independence in 1954, and however, this division was only meant to be temporary, with elections to re-unify the country. ...... More »
What can you do about tourists use of natural resources?
Countries have to legislate so that new tourist developments satisfy environmental safeguards. All development must be sustainable. 1) There must be no pollution into waterways and oceans. 2) Garbage and sewage must be collecte...... More »
What are the various uses for break-even analysis?
Such analysis allows the firm to determine at what level of operations it will break even (earn zero profit) and to explore the relationship between volume, costs, and profits. It helps the management that at current costs of products how many num...... More »
What still matters in strategic management lies in the value of planning?
There is an old saying that if you fail to plan, you are planning to fail. By acting on this, strategic management actually gives the organization direction, a sense of identity and unity towards what the business goal. Therein lays the continued ...... More »
What is the Gross Domestic Product of Norway?
Norway is one of the world's most developed nations and is home to one of the most advanced economies in the world. The country's overall GDP is quite large considering the nation's small population. Its GDP per capita is higher than t...... More »
What are the effects of globalization on Indian industry?
Indian industry has progressed a lot due to globalization. A lot of improvement has been seen in Indian industry. ...... More »
What are the Essential Of Internal Audit?
Planning is an essential feature of internal audit. The auditor can plan to check the accounting system. The plan may relate to accounting functions like purchase, sales, income, expenses and shares. The planning includes degrees of risk and exten...... More »
What caused the Great Depression?
The business boom of the 1920s made people overly confident therefore, they invested their money in risky stocks and deals. In addition, banks made careless loans and soon failed when people could not pay them back. Third, businesses produced more...... More »
Is there a difference between corporate profit maximization and maximization of shareholder wealth?
Sure, profit maximization relates to profits only while shareholder wealth also involves total company equity, debt ratios and any of 15 other financial performance measure ratios. Management could focus on profit maximization over a longer peri...... More »