ECONOMIC GROUPINGS IN WEST AFRICA
ECONOMIC COMMUNITY OF WEST AFRICAN STATES (ECOWAS) ECOWAS was established on May 28th , 1975 after the treaty establishing it… Read More »ECONOMIC GROUPINGS IN WEST AFRICA
SS 3 Commerce (1st, 2nd & 3rd Term)
PRIVATIZATION /COMMERCIALIZATION
PRIVATIZATION Privatization is the process whereby ownership and control of the businesses, companies, industries or co-operation are transferred from the… Read More »PRIVATIZATION /COMMERCIALIZATION
INDIGENIZATION
INDIGENIZATION Indigenization is the policy initiated by the government to ensure and accelerate the participation of Nigerian citizens in the… Read More »INDIGENIZATION
NATIONALIZATION
NATIONALIZATION This is the taking over (or transfer of ownership) of privately owned business enterprises by the government for economic,… Read More »NATIONALIZATION
AUTHORITY: SPAN OF CONTROL
AUTHORITY Authority is defined as the right to give orders or command (directive) and enforce compliance (obedience) to the order.Authority… Read More »AUTHORITY: SPAN OF CONTROL
STRUCTURE OF A BUSINESS
Organizational structure is the framework by which tasks are divided, grouped and co-ordinated. It entails the division of the activities… Read More »STRUCTURE OF A BUSINESS
DEPARTMENTS IN A BUSINESS ORGANISATION
DEPARTMENTS IN A BUSINESS ORGANISATION Business organizations are usually divided into different departments on the basis of their functions. The… Read More »DEPARTMENTS IN A BUSINESS ORGANISATION
MANAGEMENT OF BUSINESS
Management has been variously defined as follows: The organ of leadership, direction and decision in a business enterprise. The process… Read More »MANAGEMENT OF BUSINESS
INTRODUCTION TO BUSINESS MANAGEMENT
Business can be defined as the sum of all activities involved in the creation and distribution of goods and services… Read More »INTRODUCTION TO BUSINESS MANAGEMENT