The concept of elasticity in economics is taught mostly in secondary education. Students generally mix up slope and elasticity even though many textbooks explain the difference between them. This note is to substantiate explanations by Round and McIver (2006) in view of exploring possible...

Information Technology (IT) moves at a fast rate of utilizing modern electrical equipment. Thus, all the sectors of the world economy do face challenges to deal with the environmental problems and their impacts on the work environment and green information technology (GIT) become important to...

Nowadays, due to the huge deterioration of the environment, not only the human beings, but also the day-to-day business environment suffers adversely. Hence, “Go Green” behavior becomes a globally accepted direction of every individual and business. “Go Green” is an earth-friendly living...

This paper provides contextual explanations on the related aspects of Working Capital (WC) management. The objective of the paper is to illustrate related variables and cash management models in the WC management, especially from an accounting learning point of view. Initially, WC has been...

In stock management, Economic Order Quantity (EOQ) is an important inventory management system that demonstrates the quantity of an item to reduce the total cost of both handling of inventory (Handling Cost) and order processing (Ordering Cost). The purpose of determining the EOQ is to minimise...

This paper provides some special cases that need to be addressed in using transportation technique for a possible and quick improvement towards optimal solution. The paper deals with three special cases in particular. The first is no allocation to a particular cell (destination) in a...

The aim of this paper is to illustrate the determination of the Economic Order Quantity (EOQ) or Economic Number of Orders (ENO) when the Total Ordering Cost (TOC) and Total Handling Cost (THC) are not equally the same. For this purpose, two assumptions of the basic EOQ model - (a) the constant...

This paper synthesizes five determinants of innovation and productivity of a nation. They are namely: (1) human resources and their characteristics, (2) natural and physical resources and their characteristics, (3) systems and strategies and their characteristics, (4) interactions and...

As many pupil find difficult to understand the initial explanations of duopoly (two firms in a market), this paper attempts to provide a simplified mathematical illustration with a numeric example about the basic explanation of duopoly presented by Antoine Augustin Cournot (1801-1877). This...

This review explores with the variety of literature support the relationship of variables with respect to employee morale and organizational trust. To extend and facilitate further studies contextually and empirically, a mind-map is presented to show how these relationship variables relate to...