Rusith Yapabandara is contributing as the key author for LearnBusinessConcepts. He has over eight years of corporate experience in multinational companies and has several years of academic consulting experience.
He is a Passed Finalist of CIMA (UK), PMP (USA) Certified, and Completed BCS HEQ (UK). He is enjoying reading, acquiring knowledge in his spare time, and also keen to share his knowledge. Rusith has been a contributor to Learn Business Concepts since 2020. You may reach him on Linkedin.
An initial public offering (known as IPO) is the process of the share offering of a private company to public investors for the first time, in which the transaction is traded via the share market.
Advantages (Pros / Positives / Benefits) and Disadvantages (Cons / Negatives / Drawbacks) of Communism
Advantages (Pros / Positives / Benefits) and Disadvantages (Cons / Negatives / Drawbacks) of Socialism
Advantages (Pros / Benefits) and Disadvantages (Cons / Drawbacks) of Capitalism
Mercantilism is an economic form that regulates international trade to increase exports to surpass imports.
Democracy is known as “rules imposed by the people”, which emphasizes the power of the common public to exert political control with functions of the elected government.
Liberalism is a philosophy that protects and enriches the rights of the common public.
Communism emphasizes that all wealth and assets are owned by the common public, rather than by individuals.
Socialism is an economic system wherein the resource ownership is with the common public, rather than the private.
Capitalism is when the economic system is dominated by free markets, private businesses, and private individuals’ asset ownership.