There are problems in the world we live in. Natural catastrophes like tsunamis, hurricanes, tornadoes, and other calamities that inflict damage after they pass, obliterating entire cities and putting a stop to human economic activity, are common news items in our unpredictable environment. Natural disasters affect people's daily lives and have a devastating effect on the activities of businesses and other institutions throughout the globe. Because of this, the need for contingency planning for the risk of disruptions to corporate operations and the services offered by technology has increased exponentially. Various contingency plans exist to aid firms in becoming ready ... Read More

There are several different forms of currencies that have been used as legal tender in international trade, including fiat money, commodity money, commercial bank money, and fiduciary money. Money is a controlled good, yet it is nevertheless a delicate commodity since it may produce economic instability if not managed properly. Attempting to standardize the world's monetary system is an exciting new frontier. Multiple international treaties attempting to standardize monetary systems have been signed into law. These pacts were struck to establish monetary order. In the next part, we'll examine the similarities and differences between the Bretton Woods system and the ... Read More

In recent years, high unemployment rates have become an issue for nations all around the globe. Although many nations are already emerging from a deep recession and financial crisis, it is clear that the road to recovery may be long and arduous. High unemployment, budget deficits, a lack of investment, a lack of capital inflows, and inflation are all indicators of a struggling economy. Low levels of investment and capital inflows are also indications. Previous studies by economists have looked at unemployment rates and the many factors that play a role in causing them. Unemployment rates in economies may be ... Read More

Constant turmoil in the global economy is a result of changing economic trends. Several factors determine the path of economies throughout the world, including the consumer confidence index, GDP, and the unemployment rate. The economic impact of these might be positive or negative. Inflation, the negotiating gap, and related themes will be covered in this article. What is Bargaining Gap? This term refers to the disparity between the real salary businesses would want to give to incentivize their employees and the actual wage that businesses need to pay to maximize their profits while considering the amount of competition within their ... Read More

Can you think back to the Great Depression, which hit the international economy hard in the 1930s? That's true, the world−shaking financial collapse hit practically every country that makes things and grows food. Between 1929 and 1933, the amount of money in circulation decreased by an incredible 28%, leading to a wave of bank runs and the closure of banks and other financial institutions. The stock market crash was the initial catalyst, but simultaneous bank runs contributed significantly. So, the million−dollar question is− what precisely is a bank run? This raises the issue, "What are bank panics, and what is ... Read More

It's often unclear how dire the country's economic position is. While it would be nice to think that we'd never have to deal with another economic downturn or spike in prices, we have to face the fact that this will never happen. Governments, businesses, and people all experience fluctuations in their financial success. In most cases where there is a decline in financial status, bankruptcy follows, necessitating immediate action to prevent the total collapse of the entity's or person's economic operations. In this piece, we'll examine the distinctions between bailouts and bankruptcies. What is Bailout? The government, an individual, or ... Read More

There are now millions upon billions of e−commerce sites in existence throughout the world as businesses migrate their activities online. Nowadays, it's hard to fathom life before e−commerce platforms like Amazon and eBay, revolutionizing business and making it easier for people worldwide to buy and sell virtually anything. Even though it is easy to consider the Internet as a unified global marketplace, there are important distinctions between B2B and B2C e−commerce that must be considered. The article you are reading compares two organizations with similar business concepts but contrasts their customer service approaches. What is B2B e-Commerce? The term "business ... Read More

It's normal practice for companies to employ both business−to−business (B2B) and business−to−consumer (B2C) marketing strategies. Companies can be classified as either "business to business" (B2B) or "business to consumer" (B2C), regardless of whether they produce goods or sell them directly to the public. When we talk about "marketing, " we're referring to the method of promoting a product or service through the use of a third party. B2B stands for business−to−business and B2C for business−to−consumer transactions. A business−to−business (B2B) transaction occurs when one firm sells its goods or services to another. When a firm sells its wares directly to an ... Read More

It's normal practice for companies to employ both business−to−business (B2B) and business−to−consumer (B2C) marketing strategies. Companies can be classified as either "business to business" (B2B) or "business to consumer" (B2C), regardless of whether they produce goods or sell them directly to the public. When we talk about "marketing, " we're referring to the method of promoting a product or service through the use of a third party. B2B stands for business−to−business and B2C for business−to−consumer transactions. A business−to−business (B2B) transaction occurs when one firm sells its goods or services to another. When a firm sells its wares directly to an ... Read More

Introduction Cloud storage is a computing service paradigm that allows a user to access data stored in a remote location at any point in time on any device through the internet. As we see more and more companies shifting towards the cloud, they also have their own set of requirements and needs they use the cloud for. Depending on these needs, the cloud is divided typically into Private Cloud and Public Cloud. To understand the differences between private and public clouds, we first need to understand what they are and what they offer. What is Public Cloud? Essentially, public cloud ... Read More