does Tariffs protect American jobs and wages.
They boarder alot of other European countries which means easier with them. ALso, their old currency, Lira, £1=2599 lira, so everything was in big numbers.
Geography has nothing to do with poverty. All around the world you can see many cases of two or more countries sharing the same geographical spot and showing completely diffcerent economies. Does not Holland and the Asian country (the one that MADE an island to place the airport) are examples of lousy geographical conditions?
Business Administration refers to every skill that is required in the birds eye view of running a successful business / firm / organisation .
It involves handling accounting and finances, operations, marketing strategy and most importantly human resources department such that each works in syncronization with the other and enables profit maximization.
The above is a board level generic definition. Each function of business has its own depth to be studied and executed.
Business Adminstration is a process of managing each and every aspect of business in order to maintain its growth and stability, in wats that depend upon its own goals.
to make the addition of two years profit which is divided by 2. the result is average profit between two years.