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Economics Professional

What is economics about? Economics is the problem of using the available resources as efficiently as possible so as to achieve the maximum fulfilment of society’s unlimited demand for goods and services. The ultimate purpose of economic endeavour is to satisfy human wants for goods and services. The problem is that whereas wants are virtually without limit, the resources – natural resources, labour and capital (machinery) – available at any one time to produce goods and services are limited in supply. Resources are scarce. This fact of scarcity means that we must always be making choices about what to produce, how to produce it and for whom. Decisions must be made so that these scarce resources are allocated optimally or efficiently to their end use. This implies they could not be used more beneficially elsewhere. This is the criterion economists use to judge many economic phenomenon and is the focus of our study of the economic approaches to organisations.

  • the organizational structure of the stores
  • warehouse management relationship with other departments
  • human skills in warehouse management
  • storage procedures
  • design and technical equipment stores
  • General Provisions: Rules and Regulations and the laws of the stores
  • the security and safety of warehouses
  • prevention materials and equipment and maintenance
  • inventory records
  • inventory and work in progress
  • inventory valuation
  • unit cost: LIFO, FIFO, WA
  • inventory control
  • minimum and maximum levels and reorder point
  • style turnover of different varieties
  • stores and inventory of the most important elements of success Inventory
  • methods used in warehouses and inventory in accordance with the provisions of inventory control
  • quantitative methods and materials decisions
  • stocks last period
  • threats to the company as a result of excess inventory
  • diagnosis of excess inventory and idle and discarded him
  • rid of excess inventory need, as well as idle and discarded him

We have individual (private class one on one), group classes, morning, afternoon and evening sessions. Every day classes available. You may inquire through any of our training coordinator, plan ahead and start your career with us.

  • Perspectives on the Economic Approaches to Organisation
  • Co-ordination through the Market Mechanism
  • Organisational Co-ordination
  • Information and Co-ordination Mechanisms
  • Agency Theory
  • Transaction Cost Economics

Certification Issued By:

Leadership Management Global Organization-  LMGO Switzerland

The Leadership and Management Global Organization (LMGO ®) is a global provider of leadership development and management research.

Knowledge of Human Development Authority – KHDA Dubai Government, UAE

The Knowledge and Human Development Authority (KHDA) is responsible for the growth, direction and quality of private education and learning in Dubai.

Membership Issued By:

High Authority Council for Arab Managers (HACAM) Egypt

High Authority Council for Arab Managers (HACAM) HACAM believes that this certificate will be a valuable resource for professionals within the Arab world in order to understand how these and other processes for organizational improvement are interrelated. HACAM provides training program in the Middle East and targets Managers of quality-focused organizations/industries, professionals aiming to increase their effectiveness/ productivity and anyone interested in the field of quality.