West Virginia Business College

FTCE PHYSICAL EDUCATION CERTIFICATION EXAM 2022 NEW UPDATE MATERIAL

FTCE PHYSICAL EDUCATION CERTIFICATION EXAM 2022 NEW UPDATE MATERIAL

Definition of Macroeconomics Macroeconomics is essentially the study of the performance and the behaviour of the economy as whole. Nevertheless, some economists have attempted to define macroeconomics according to their own perception of its subject matter: Gardner Ackley: “Macroeconomics is the study of forces or factors that determine the levels of aggregate production, employment and prices in the economy, and their rate of change over time” Kenneth E Boulding: “Macroecono...

International procurement International procurement is a term used to describe the process of allowing firms around the world to bid on contracts for goods and services. The concept has gained popularity as shipping and transportation costs have decreased due to an influx of cheap, readily available fuel. The globalization of large corporations has allowed them to reap the benefits of lower labor and materials costs while still selling the same quality and quantity of products. There are thr...

WAREHOUSE MANAGEMENT Warehouse management is the act of organising and controlling everything within your warehouse – and making sure it all runs in the most optimal waypossible. This includes: • Arranging the warehouse and its inventory. • Having and maintaining the appropriate equipment. • Managing new stock coming into the facility. • Picking, packing and shipping orders. • Tracking and improving overall warehouse performance. • Most high growth retailers would use ...

Finance is the study of how individuals, institutions, governments, and businesses acquire, spend, and manage money and other financial assets. Understanding finance is important to all students regardless of the discipline or area of study, because nearly all business and economic decisions have financial implications. The decision to spend or consume now (for new clothes or dinner at a fancy restaurant) rather than save or invest (for spending or consuming more in the future) is an eve...