Definition: Vertical integration is when a company controls more than one stage of the supply chain. That’s the process businesses use to turn raw material into
Category: economics
4 Stages Of The Economic Cycle
You may have heard of the NBER (National Bureau of Economic Research); they’re the ones that announce that a recession has officially ended – three
Best Strategy In Stock Market?
1. Be fast Downturns occur quickly. Therefore, investment success requires speedy shifts. Waiting for more information or for the dust to settle are common traps for being
Reasons of Market Failure
Externalities – are costs that aren’t directly incurred by the buyer or seller. For example, smoking probably indirectly causes healthcare costs and decreased labor, but these
How important PPPRA in Regulating Petroleum Industry in Nigeria
Petroleum Products Pricing Regulatory Agency (PPPRA) is a governmental organisation in Nigeria established in 2003. The responsibilities are to monitor and regulate the supply and distribution, and determine
Nigeria’s Richest State in 2016 By Internally-generated Revenue
Are you interesting in knowing if your state is among the 15 states in Nigeria that may go bankrupt in next few years to come? Do
