After the regression equation is constructed and its accuracy is estimated using the coefficient of determination, the question remains how this accuracy is achieved and, accordingly, whether this equation can be trusted. The fact is that the regression equation was built not on the general population, which is unknown, but on a sample from it. […]
Tag: Position
Monetary policy. Objectives and tools
Monetary policy objectives are classified into final and intermediate. Ultimate goals: (a) Economic growth; b) full-time employment; c) price stability; d) stable balance of payments. Intermediate targets: (a) The money supply; b) interest rate; c) exchange rate. Monetary policy instruments include: a) credit limits; direct regulation of the interest rate; b) changes in the rate […]
Strategy development
A company’s strategy is the methods of competition and doing business that are chosen by the company to satisfy customers, compete successfully, and achieve the organization’s global goals. The strategy is adjusted by adding some parameters and abandoning others in response to changes in the market, consumer needs and preferences, strategic maneuvers of competing companies, […]
Goal Setting
Setting goals translates the theoretical part – the development of a strategic vision and direction for the development of the company.In the plane of practical application. Goals are defined results and outcomes that need to be achieved within a specified time frame. The experience of numerous companies and managers shows that in the competitive struggle […]
Key currency theory
The historical basis for the emergence of this theory was a change in the balance of power in the world in favor of the United States on the basis of increasing the uneven development of countries. After World War II, the United States took a dominant position in world production, international trade, and accumulated huge […]