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Showing posts from January, 2023

Emotional Quotient

 Emotional quotient and technology Emotional Quotient is an ability to understand, use and manage your own emotions in positive ways to relieve stress, communication effectively, empathize with others overcome challenges, and defuse conflict. FOR EXAMPLE: Feeling angry helps negotiate, and an emotionally intelligent person may listen to any music before negotiating a salary raise. FOUR AREAS OF EMOTIONAL QUOTIENT: -Self awareness: the ability to recognize and understand your mood, emotions, drivers, and their effect on others. -Self management: the ability to control disrupted impulses and the propensity to think before acting. -Social awareness; The ability to understand the emotions of others and treat others according to their emotional reaction. -Relationship management: Proficiency in managing relationships finding common ground and building rapport. Impacts of Emotional Intelligence: NEGATIVE: - Manipulation. - Limits critical thinking skills. - Time-consuming. POSITIVE: - Ea...

free market and Invisible Hand>>>Wajiha Ejaz

 Invisible hand: The invisible hand is a metaphor for low, in a free market economy, self-interested individuals operate through a system of mutual interdependence. This interdependence incentivizes producers to make what is socially necessary, even though they may care only about their own well-being. The invisible hand of the market creates predictable economic systems such as supply and demand because humans are relatively predictable in their behavior. Factors in the invisible hand: These factors are government does not get involved, competition keeps the quality high, competition keeps prices low, the needs of society are automatically met, and profit-seeking producers will make more. Free marketing: The free market is an unregulated system of economic, in which taxes, quality controls, quotas, and other forms of centralized economic interventions by the government either do exist or are minimal. Factors in free market: These factors are government, international transactions,...