Business

Value Product includes cost and a subjective part associated with cost. It can be expressed in units of currency if the subjective part of it…

Gross Output differs from value added, which measures the contribution of the industry’s labor and capital to its gross output. It is an economic concept…

John Glen Sperling, Businessman was born Jan. 9, 1921, Willow Springs, Mo. He received his undergraduate education at Reed College, Oregon, a master’s degree from…

Life Expectancy refers to the expected number of years remaining for an individual at any given age. It is a statistical measure of the average…

Population Statistics is chosen to represent the population in a statistical analysis. It is related to social demography and demography.  A population consists of everything…

Employee engagement is based on trust, integrity, two way commitment and communication between an organisation and its members. It is an approach that increases the…

Overall growth of a firm truly depends on the performance of employees but performance may rely on wide involvement or Employee engagement in work. Business…

Transportation Demand Management (TDM) designed to reduce total travel demand, while others are designed to reduce peak period demand, which may disproportionately contribute to these…

Congestion Pricing is supposed to encourage users who can be flexible in their usage times to shift their use away from peak periods to times…

Unit Price used to find the cost of a single item when many items are purchased together. It is the cost of one unit of…

Value Based Pricing is the necessity to determine the value for the customer. This concept evaluates the economic benefits a product can offer to the…

Time Based Pricing is a part of the new business and policy areas known as demand response and smart grid. It reflects the fact that…