Interest Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money‚ or money earned by deposited funds. When money is borrowed‚ interest is typically paid to the lender as a percentage of the principal‚ the amount owed to the lender. The percentage of the principal that is paid as a fee over a certain period of time (typically one month or year) is called the interest rate. A
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Business Administration is the study of the performance and management of a business‚ including important decision making. There are many different duties related to Business Administration‚ including office manager‚ business support‚ Chief Executive Officer (CEO)‚ and many others. Most companies have a dedicated group of administrators. The main areas in Business Administration are management‚ logistics‚ human resources‚ operations‚ economics‚ and organization. An administrator checks all these
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BUSINESS ADMINISTRATION & INTERNATIONAL BUSINESS In the literal meaning‚ Business refers to an organized approach to providing customers with the goods and services they want. Business Administration has over the years taken the form of a formal field of knowledge‚ besides engineering medical and even closely-related Economics. In the 20th century‚ with the development and growth of business schools in America and Europe‚ the dynamics of business administration changed. With more research conducted
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Role Of Mathematics in Business & Economics Introduction: Mathematics have been one of the primary elements of business and economics since ancient times‚ when farmers had to count the animals in their possession and merchants had to have a clear picture of their goods’ value. With the introduction of money as the universal legal tender‚ all goods acquired a numerical value‚ making math calculations even more important. Furthermore‚ in the competitive global market environment of today‚ businesses
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1.0 Introduction 1.1 Objective of the study The business office administration study is intended to expose the learners or the entrepreneur who has invested his resources in a business venture and is expectant of profit; the costumer service officer who on daily basis function to create good image for the business by providing solution and answer to customer enquiries‚ to the basic concept and practice of business office administration. It is hoped that this paper would improve learners’ understanding
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INTRODUCTION Statistics and mathematics are everything to economics. infact statistics and Mathematics‚ the economic field wouldn’t even exist. Economist need statistics to represent data‚ to track and store information‚ to identify trends‚ to attribute value and mathematics to calculate those figures.The way to look at the relationship between statistics and economics is that economics is essentially the study of human decisions and trends‚ and how these have a financial impact. Economists
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Mr. Keshav Singh Kansana 1. The product of 2 numbers is 60 and their arithmetic mean in 8‚ find the numbers. 2. The monthly salary of a persona was Rs. 320 for each of the first three years. He next got annul increment of Rs. 40 per month for each of the following successive 12 years. His salary remained stationary till retirement when he found that his average monthly salary during the service period was Rs. 698. Find the period of his service. 3. Divide 36 into 6 parts in A.P such that the sum
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laborers are managed by time when doing their work for the day and then sent back to their quarters. Unlike sugar cane the production of mahogany comes with risks and is time consuming but is beneficial in the end. Other than that it states the importance of the different types of labor used in order to gain more money in production instead of just doing one crop. In contrast the production of coffee compared to the production of sugar cane varies. In this sense it shows how between 1511 and 1886
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ALLAMA IQBAL OPEN UNIVERSITY ISLAMABAD (Department of Business Administration) *** BUSINESS MATHEMATICS AND STATISTICS (MBA-5528) CHECKLIST SEMESTER: AUTUMN 2010 This packet comprises the following material: 1. Text books (two) 2. Course outline 3. Assignment No.1 & 2 4. Assignment forms (2 sets) In this packet‚ if you find anything missing out of the above mentioned material‚ please contact at the address given below: Deputy Registrar (Mailing) Services Block # 28 Allama
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Bachelor in Business Administration Natascha Pedersen CSS 101/CollegeAmerica Bachelor in Business Administration My chosen field is business administration; the requirements for enrolling in this program are to have graduated from an accredited high school‚ private secondary school‚ or have completed a GED (CollegeAmerica‚ 2013). As I am an international student the requirements were slightly different; my transcripts needed to be translated and evaluated by a credential evaluation organization
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