The Four Stages Of The Budget Process

The Four Stages Of The Budget Process

Before we even think of answering the question and making our topic for discussion today it is very important that we start by defining the term budget. Most people use this term but do not really have a clear understanding of what it means. A budget is an estimate of the income and expenditure of …

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Four Stages Of The Business Cycle

4 Stages of the Business Cycle

No other research that I will do in the remaining weeks of the year to be as exciting as interrogating the four stages of the business cycle. What are the 4 stages of the business cycle? There is so much material around the business cycle as a phenomenon. I mean, I cannot keep this excitement …

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Types of The Business Cycle

Types of The Business Cycle

In the previous article, we interacted with the four stages of the business cycle. Before we started the discussion, we defined the cycle itself saying it is “economy-wide fluctuations in production, trade, and general economic activity.” As I tried to figure out if the business cycle itself exists in types, I failed to obtain material …

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Types of Comparative Public Administration

What are the importance of comparative public administration?

Our journey through public administration- a worldwide phenomenon that gave birth to comparative administration- is far from over. There is always something to compare about the administrative systems of countries, hence comparative public administration. Comparative public administration has important elements which help it. Societies are organized in such a way that it is impossible to …

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Force Field Analysis

Force Field Analysis steps

Kurt Lewin’s Force Field Analysis is a powerful strategic tool used to understand what’s needed for change in both corporate and personal environments. Best of all – it’s easy to use and has complete credibility as a professional tool if an institution properly follows these Force Field Analysis steps. We’ll use a little basic science …

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Advantages and Disadvantages of Force Field Analysis

Force Field Analysis Advantages and Disadvantages

The previous article introduced us to Kurt Lewin’s creation (Force Field Analysis) a strategic tool used to work around a change in terms of what really is needed for it to take place. This is not only in an official capacity but also in personal settings outlining Force Field Analysis Advantages and Disadvantages. This easy …

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Importance of Administrative Law

Importance of Administrative Law

We have interacted with the piece of law that regulates not only the administration but also state agencies. This is the importance of Administrative Law, one of the three arms of the state administration that has the potential to wield too much power, hence the need for administrative law and learning the importance of administrative …

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Advantages of Debt Financing

Advantages of Debt Financing

It is common knowledge in the business circle that those who have access to credit lines are in a better position to start successful businesses than those who do not. Before we even go deeper with the aspect of advantages of debt financing over equity financing that come with debt financing, we already have an …

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Advantages and Disadvantages of Comparative Public Administration

What are the advantages of comparative public administration?

Earlier we interacted with the concept of public administration and we interacted with a number of factors around the study. Being a worldwide phenomenon, there is always something to compare about the administrative systems of countries. This was developed into a Scope of public administration which holds this study, called Comparative Public Administration, hence why …

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Similarities Between Micro and Macro Economics

similarities of microeconomics and macroeconomics

What is the similarities of micro and macro environment? In the previous article we ascertained the definition of economics as a whole, where we discovered it is a social science that is concerned with production, distribution and consumption of products and services, now we dive into similarities of microeconomics and macroeconomics environment. This social science …

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