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How to Recruit Employees?

Recruitment is the process by which a large number of prospective candidates are attracted by various methods to apply for the positions available. According to Edwin B. Flippo, recruitment is the process of searching for prospective employees and stimulating them to apply for jobs in the organisation. The objective of recruitment is to attract a […]

How to Correct the Balance of Payments? | Foreign Trade | Economics

In this article we will discuss about how to correct the balance of payments. Domestic Price Changes and Balance of Payments Adjustment: In the analysis concerning the changes in exchange rates, we took an over-simplified assumption that the home prices of depreciating country’s exports and foreign prices of her imports do not undergo changes as […]

How to Analyse the Effect of Devaluation? | International Economics

In this article we will discuss about how to analyse the effect of devaluation upon the balance of payment situation. In a country having a stable or pegged exchange rate, the removal of balance of payments deficit can be possible through a deliberate policy measure of devaluation. The devaluation of a currency means the deliberate […]

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