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September 2023

What to Produce, How to Produce and For Whom to Produce

What to Produce, How to Produce and For Whom to Produce

ADVERTISEMENTS:The Central problems of what and how much to produce; how to produce and for whom to produce are determined by the free price mechanism. (i) What to Produce:Let us consider the first question: ‘which commodities are to be produced and in what quantities? The commodities which do not command positive prices in the market…

7 Tips to Successfully Grow Your Business

Like many business owners, I wasn’t born to be an entrepreneur, I never planned on running a business, and I most assuredly had no experience in successfully growing one.  However, over the course of my nearly 21 years of business ownership, I have learned a few things that have helped keep the bumps and bruises…