Did you know that resources can be categorised into two based on their economic significance and availability? Goods can be divided into two categories in economics: economic goods and free goods. Understanding the differences between these two types is crucial for understanding their effects on the economy and the complex dynamics of their distribution.  In […]

Administrative competence can be defined as the backbone of an organisation, for it allows your company to drive with leadership success and value harvested from the bottom line. For businesses to succeed and run smoothly, administration is essential. It includes various duties and responsibilities for planning, controlling, and coordinating corporate activities. The administration’s strength and […]

Recently, the word servitisation has been trending in the manufacturing world. This term refers to adding services to companies that are product focused on creating revenue streams and delivering a desired outcome to customers consistently until they become solutions-focused. An easy way to understand this is by considering the as-a-service model. Here, a person will […]

Asset-centric sectors such as manufacturing, construction, water, wastewater, and roading face multiple disadvantages whenever one asset experiences downtime. This could be anything from facing a reduction in the sales or profit of a company to an organisation wasting an enormous amount of energy, costs, and loss of productivity. Sometimes depending on the industry, an asset […]

Companies that manufacture their products would typically consider what sort of production software is most suitable. They are typically regarded as a category of Enterprise Resource Planning (ERP) whereby it manages, organises, and tracks the production of goods. Since the focus is to help manufacturers, not all businesses have to consider whether production software should […]

The construction industry is one of the largest sectors in the world and is also widely asset-centric. It plays a vital role in developing a country’s economy and socio-political objectives and has laid the foundation for modern civilisation to be developed. Multiple other industries rely on the construction it to build various buildings and structures, […]

Until a child is eight years of age, they receive early childhood education. Scientifically, this age period is regarded as one of the most critical phases for a human as their cognitive skills are being developed. Therefore, the importance of receiving proper education during this period becomes integral. This is why early childhood educators must […]

According to UNICEF, a child will be in their early childhood education until they are eight years old. Scientists and linguists often note that early childhood education is the most important stage in a child’s life as important cognitive developments occur. At this period, a child’s brain is like a sponge, allowing them to absorb […]

While no universal definition is offered to the word ‘literacy’, in its most basic form, it refers to one’s ability to read and write. Literacy rate, therefore, measures how much of the population in a country has these essential skills as they are important to one’s character and career development. In general, global data by […]

Property managers often find themselves managing more than one property. They could be handling one entire apartment complex inclusive of multiple homes, or they could handle various resident houses in different parts of the country they are based in. Just for one home or apartment, the number of documentation a property manager needs to keep […]