When it comes to consumption and production, the knowledge economy refers to a system founded on intellectual capital. The capacity to profit on scientific discoveries, as well as fundamental and applied research, is specifically referred to as innovation. These activities have grown to constitute a significant portion of all business growth in most industrialized nations.There are intangible assets that every employer monitor and some examples is the knowledge and intellectual property provided by the employees as it may contributesignificantly to the growth of the company.Key Points BrieflyMost developed countries around the world lay importance on academic and scientific research that ... Read More

Kiting is the deceptive use of a financial asset to acquire extra credit that has not been approved by the lender in advance. Kiting is comprised of two major kinds of deception −Despite insufficient balance in the bank checque get’s issued or altered.Misrepresenting the worth of a financial asset for the aim of prolongating credit obligations or growing financial leverage is considered fraud in the financial industry.Key Points BrieflyKiting is the unlawful use of financial products in order to acquire more credit by deceiving the lending institution.Cheque kiting is a kind of fraud that targets banks or merchants by issuing ... Read More

Generally speaking, a kiosk is a tiny, temporary, stand-alone booth that is placed in high-traffic locations for the purpose of marketing. A kiosk is often staffed by one or two people who work together to draw attention to the booth in order to get new clients.Key Points BrieflyKiosk is used by small and large businesses and they are generally temporary, stand alone booth located to attract consumers and promote brand.There could be just a couple of people incharge of a Kiosk or in some modern situations, they are automated.These are considered to be cost-effective solitons for small businesses and attract ... Read More

The popular messaging service application Kik introduced their own cryptocurrency to reward users, and it is called Kin. This could be earned by several members who participate on the messaging platform of Kik as reward points. The incentive provided by the company is to use these points to make other purchases.Key Points BrieflyThe social media application Kik offered its users a cryptocurrency in 2017 through an initial coin offering.The company has claimed to have raised over $100 Million from that offering.The company enjoyed great success mainly because of the vast number of users that they enjoy when compared to other ... Read More

The Kenyan Shilling (KES) is the main currency of the Republic of Kenya. It is also used in Kenya, the Sudan, and Somalia, among other countries in Africa. The shilling is subdivided into 100 cents, with each cent representing one penny. Prices often contain the abbreviation KSh, as in "100 KSh" to refer to one hundred shillings, or "100 KSh" to refer to one hundred shillings. KES is the trade symbol for the foreign exchange market (FX).KES/USD exchange rates touched a record high in 2009 at about 75 shillings per US dollar, but the rate steadily declined over the following ... Read More

Ichimoku cloud is a technical analysis technique that uses the Kijun-sen, or base line, as an indicator and as a component of the Ichimoku Kinko Hyo method of technical analysis.It provides the central value of all the periods being calculated, mostly the number is 26, and as such, it is a good predictor of short- to medium-term price momentum in the short to medium range. When coupled with the other components of the Ichimoku cloud, the indicator may be used to find trading opportunities.ExampleKey Points BrieflyThe Kijun-sen, which literally translates as "base line, " is the midpoint of the 26- ... Read More

A penny stock is a stock in a tiny business that trades for less than $5 a share, and it is often referred to as such. Although some penny stocks are traded on big exchanges such as the New York Stock Exchange (NYSE), the vast majority of penny stocks are traded over-the-counter (OTC) via the electronic OTC Bulletin Board (OTCBB) or through the privately held OTC Markets Group.Key Points BrieflyIn the financial world, a penny stock is a stock of a tiny business that usually trades for less than $5 per share.Although some penny stocks are traded on big exchanges ... Read More

When we talk about the labour market, we're talking about the supply and demand for labour. Employees offer the supply, and employers provide the demand in this market. It is a critical component of every economy, and it is intimately connected to the markets for capital, commodities, and services, among other things.Key Points BrieflyIt is the supply of and demand for work that is referred to as the labour market, in which employees give the supply and employers provide the demand for labour.There are two levels of analysis to consider when looking at the labour market: the macroeconomic and the ... Read More

The ability to adapt to changes in the labor market is an essential element of the labor market. It enables businesses to make specific choices about altering their work force in response to market changes and to assist in the expansion of their manufacturing operations.Depending on variables such as employee hiring and firing, pay and benefits, as well as working hours and conditions, organizations may make adjustments to their labor pool. As a result of regulations and policies designed to safeguard workers and the labor pool, businesses do not have complete freedom to adopt a flexible labor market.Key Points BrieflyLabor ... Read More

Labour Intensive often refers to a terminology and a procedure or industry that relies on a significant quantity of workforce for the manufacturing of its products or services for its customers. The degree of labour intensity is usually assessed in terms of the amount of capital needed to develop the products or in order to provide these essential services.Key Points BrieflyIn the manufacturing sector, labour intensive always refers to a procedure or trade that needs a significant quantity of workforce to manufacture its products or provide its services.Since the labour workforce cover a variety of aspects of manufacturing their expenses ... Read More