National accounts assess a country’s economic activities, using accounting principles similar to corporate accounting. They include data on manufacturing, income, expenses, government entities, and households. National accounts help understand the current state of the economy and plan for the future. Sometimes known as macroeconomic accounts or national accounts systems, national accounts are systems that employ […]
The Consumer Price Index (CPI) is used by governments to measure inflation and price levels in their economies. Each government uses a different basket of goods and services to calculate its national CPI, which is compared to a base year. Central banks use the national CPI to measure inflation and set inflation targets. The Consumer […]
Fannie Mae is a government-backed mortgage lending company in the US that buys and underwrites banks’ existing mortgages to free up money for banks to continue lending. It was created in 1938 and split in two in 1968, with a third player, Freddie Mac, created in 1970. Both entities operate within strict lending parameters and […]
The World Health Organization’s National Health Accounts track and evaluate healthcare budgets and processes globally, providing a tool for comparing funding and expenditures at the national level to identify areas for improvement. The data helps countries analyze trends, forecast future needs, and plan funding at the national and private levels. The information is publicly available […]
National board certification for teachers involves tests, evaluations, and specialized programs. It is not required in most US states, but can increase salary and job prospects. Applicants must meet prerequisites, choose a specialization, and submit a portfolio for evaluation. The cost is approximately $2600 USD, but financial aid may be available. Certification must be renewed […]
The Air National Guard is a reserve force under the US Air Force, with primary duty to their states but can be mobilized for military use. They respond to state requests and can be used for domestic and international situations. The organization has grown since its formation in 1916. The Air National Guard is a […]
National background checks investigate a person’s identity and background across an entire country, often performed by employers for sensitive positions. Permission is required, and checks can include identity verification, past addresses, criminal court searches, financial information, and professional information. A national background check is an investigation into a person’s identity and background. Unlike local background […]
National competitive advantage is a country’s ability to compete in international markets. It can be increased by identifying strengths and weaknesses, increasing resources, promoting innovation, fostering supporting industries, and responding to local market demands. Michael Porter’s diamond model is a popular scoreboard for evaluating national competitive advantage. National competitive advantage is an assessment of a […]
The National Drug Code (NDC) is a 10-digit identifier for drugs in the US, with three sections identifying the manufacturer, formulation, and pack size. The FDA maintains a database of codes for reference, and recording NDCs eliminates confusion and ambiguity in medical records and billing. The National Drug Code (NDC) is a unique 10-digit identifier […]
National culture and corporate culture differ in expectations, with national culture relating to a nation’s values and corporate culture to an organization’s structure and management. Globalization can cause clashes between the two, making it important for companies to choose countries with similar cultures or adjust their organizational culture to fit the national culture. The main […]
Gross National Happiness (GNH) is a measure of a nation’s happiness coined by Bhutan’s King Jigme Singye Wangchuck in 1972. It considers sustainable development, preservation of culture and values, and government’s role in citizens’ health and happiness. It may benefit developing countries by encouraging sustainable development. Gross National Happiness (GNH) is a quantitative measure of […]
National Library Week is celebrated every April in the United States to recognize the contributions of libraries and librarians to American society. The celebration was established in 1958 to encourage people to read and support libraries. The American Library Association provides materials to promote the event, and libraries across the country host activities such as […]
National Poetry Month is a celebration of poetry in American culture held in April since 1996. The Academy of American Poets founded the event to raise public awareness of poetry, encourage schools to incorporate poetry into the curriculum, and increase media attention to poetry. The Academy sends free promotional posters to teachers, librarians, and booksellers […]
A national account manager oversees relationships with large clients, manages a small number of accounts, and can be part of sales or project management teams. Duties include receiving orders, suggesting new products, and coaching clients. The position varies depending on company size and structure, and can involve sales or project management tasks. The location of […]
