WTO Roles and Membership Impact on Nepal The World Trade Organization (WTO) is an international body that regulates trade between nations. It aims to ensure trade flows as smoothly, predictably, and freely as possible, helping countries grow their economies through fair trade. The World Trade Organization (WTO) helps countries trade fairly and smoothly with each … Read more
Following are the comparisons and contrasts between Shareholder Value Theory and Stakeholder Theory, along with an analysis of which one is superior and why: Shareholder Value Theory Definition: This theory, which gained prominence through the work of Milton Friedman, posits that a business’s foremost obligation is to enhance shareholder wealth while complying with legal and … Read more
Natural Environment and its Components The natural environment refers to the surroundings that include all living and non-living things occurring naturally, meaning not created by human beings. It includes all elements that make up the earth and provide the conditions necessary for life. It includes humans, animals, plants, air, water, land, and the ecosystems that … Read more
Corporate Social Responsibility (CSR) refers to the commitment of businesses to operate in an ethical and sustainable manner while contributing to economic development, environmental stewardship, and social welfare. This concept encompasses the integration of social, environmental, and ethical considerations into business operations, aiming to generate a positive impact on various stakeholders, including employees, customers, communities, … Read more
Status and Challenges of Technology in Nepal Nepal has made significant progress in using technology, especially in areas like mobile phone connections and online services. A large number of people in Nepal now use the internet, with over 20 million people doing so in 2023. Majority of the people carry smartphones, and some carry more … Read more
Natural Environment and Energy Issues in Nepal Nepal is a landlocked country situated in the Himalayas, rich in natural resources, including rivers, forests, and a diverse climate. Despite these resources, the country faces significant challenges in managing its natural environment and energy needs. Some of the environmental problems Nepal is facing are as follows: i. … Read more
Energy Situation and Management Issues in Nepal Nepal’s energy situation relies heavily on biomass, especially firewood, which makes up over 70% of energy use. This dependence causes deforestation and indoor air pollution, leading to serious health risks. The country does not have its own reserves of gas, coal, or oil, so it relies a lot … Read more
The participation of women in the workforce has demonstrated significant advantages not only for individual organizations but also for society at large. Women offer distinct perspectives, skills, and experiences that enhance productivity and drive innovation. Acknowledging these benefits, companies across the globe, including those in developing nations such as Nepal, are implementing strategies to encourage … Read more
Religion and Its Impact on Business Decisions Religion is a set of beliefs and practices that guide people’s lives. In business, religion affects how people make choices, their values, and how decisions are made. Understanding religious beliefs helps companies to work better in different cultures. Religion and business are connected in the following ways: i. … Read more
Corporate Social Responsibility (CSR) encompasses the obligation of businesses to operate ethically, support economic growth, and enhance the well-being of employees, communities, and society as a whole. CSR fosters a symbiotic relationship that yields substantial advantages for both enterprises and the broader community. Advantages for Businesses Improved Brand Image CSR initiatives enable companies to cultivate … Read more