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  Economic Strategies for Transformation of Neoclassical Paradigm and Competitions in Industry

  The present research article describes the three components of the neo classical economic paradigm namely, free market, public choice and market friendly approach. How these three components are being applied to the various organizations, particularly, the competitive industries have get benefits. However, the global industries of various economic ... The present research article describes the three components of the neo classical economic paradigm namely, free market, public choice and market friendly approach. How these three components are being applied to the various organizations, particularly, the competitive industries have get benefits. However, the global industries of various economic regions showed inefficiency and suffered from negative externalities and pollutions. And so, TO CHANGEOVER THE NEOCLASSICAL PARADIGM, THE SUSTAINABLE DEVELOPMENT PARADIGM was suggested: how the sustainable development paradigm encompasses the environment and economics to steady state economic growth: for what the world industry and society to do all that were discussed.

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  Human Action. Part Four, Chapter XVII. Indirect Exchange && 12-19

  People deal with money-substitutes as if they were money because they are fully confident that it will be possible to exchange them at any time without delay and without cost against money. We may call those who share in this confidence and are therefore ready to deal with moneysubstitutes as if they were money, the clients of the issuing banker, ... People deal with money-substitutes as if they were money because they are fully confident that it will be possible to exchange them at any time without delay and without cost against money. We may call those who share in this confidence and are therefore ready to deal with moneysubstitutes as if they were money, the clients of the issuing banker, bank, or authority. It does not matter whether or not this issuing establishment is operated according to the patterns of conduct customary in the banking business. Token coins issued by a country's treasury are moneysubstitutes too, although the treasury as a rule does not enter the amount issued into its accounts as a liability and does not consider this amount a part of the national debt. It is no less immaterial whether or not the owner of a money-substitute has an actionable claim to redemption. What counts is whether the money-substitute can really be exchanged against money without delay and cost.

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  Theoretical Foundations of Logistics

  The purpose of this paper is to make a brief overview of the definition of logistics beginning with its militaristic and economic origins. The word of logistics originates from the ancient Greece. Logistics as a business concept evolved only in the 1950s. This was mainly due to the increasing complexity of supplying one’s business with materials ... The purpose of this paper is to make a brief overview of the definition of logistics beginning with its militaristic and economic origins. The word of logistics originates from the ancient Greece. Logistics as a business concept evolved only in the 1950s. This was mainly due to the increasing complexity of supplying one’s business with materials and shipping out products in an increasingly globalized supply chain, calling for experts in the field who are called Supply Chain Logisticians. Logistics is “the process of planning, implementing, and controlling procedures for the efficient and effective transportation and storage of goods including services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements. This definition includes inbound, outbound, internal, and external movements1”. The logistics is defined as a science with its object.