Business Organization

     A business organization is any form of establishment that undertakes the production of goods or rendering of services demanded by the consumers. The primary objectives of any business or organization are to make a profit.  Types of Business Organizations Business organizations can be classified into two major types. These are private enterprises and … Read more

Importance of natural resources in Nigeria.

       Natural resources refer to the materials or substances with which a nation has been endowed by nature and which are necessary for the production of human wants. They are mostly associated with land in all its ramifications.      Examples of natural resources are the minerals in the ground and vegetation. Natural … Read more

What inflation means in economics

                                  MEANING OF INFLATION        Inflation refers to a persistent and sustainable rise in the general price level. A general phenomenon during a period of inflation is the continuous fall of the value of money in the economy.        PRICE … Read more