Oligopoly is a market form‚ in which few sellers dominate the complete market. Oligopoly is slightly different from monopoly‚ in monopoly market is ruled by a single seller and consumers or buyers have no other choice‚ where as in oligopoly consumer have choice but very few‚ usually a seller creates its brand value and gain customer loyalty. In oligopolistic competitions possess certain obvious characteristics the cartel can set prices‚ entry and exit is difficult for a seller from the market‚ each firm
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ECONOMIC GROWTH AND DEVELOPMENT Introduction Economies grow and develop‚ they expand and advance‚ and they progress and prosper. There are phases when they decline too‚ and there are economies that experience continuous decay. If one considers long stretches of human history‚ one knows that economies (civilizations) disappeared altogether. We will not take into account such long stretches of time. We shall not consider too distant a past either. We will leave them to historians‚ may be‚ economic
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tell them what they need. Then‚ there are architect and engineer role to set a plan or strategy. After the plan was designed‚ architect and engineer would present to the capitalist and had some discussion. Finally‚ when the capitalist accept with plans and they got conclusion‚ the project would start. Nowadays‚ many organisations are more complicate‚ type of building and space using are more complex‚ the competition in world market are higher and many technology emerge in the present . Those are
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ECONOMIC GLOBALIZATION AND THE ROLE OF INDIA IN THE PROCESS BY Dr V P RAGHAVAN SENIOR FELLOW MINISTRY OF CULTURE GOVERNMENT OF INDIA e-mail:drvpraghavan@yahoo.co.in ECONOMIC GLOBALIZATION AND THE ROLE OF INDIA IN THE PROCESS Introduction Globalization is the captivating catchword all over the world. Some may praise its gainful fortunes while others denigrate its disfavoring vices. Globalization‚ as an economic phenomenon‚ denotes
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ETHNICITY ON THE SOCIO-ECONOMIC DEVELOPMENT OF NIGERIA CHAPTER 1 1.0 INTRODUCTION Nigeria is by far the most populated of Africa’s countries‚ with more than one-seventh of the continent’s people. The people belong to many different ethnic groups. These groups give the country a rich culture‚ but they also pose major challenges to nation building. Ethnic strife has plagued Nigeria since it gained independence in 1960. Officially known as the ‘Federal Republic of Nigeria’‚ she has a federal form
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Turkey International Trade and Economic Development The 2011 population of Turkey is 78.8 million with an annual growth rate of approximately 1.2% and an average age of 28.5 years. The country ranks as the 17th most populous in the world‚ following Germany. Approximately 70% of the population is urban with Istanbul representing the largest of the urban centers‚ followed by the country’s capital of Ankara. Turks are the largest ethnic group‚ representing approximately 75% of the total
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In Nigeria the families there have many different traditions and family roles compared to America and our traditions and family roles‚ the roles in Nigeria would be odd or confusing to us. Nigerian family roles are nothing like ours in any way. There are many comparing and contrasting factors in this paper. That will include the food that they make for a family all the way to what a normal family consists of. Families everywhere have roles‚ in Nigeria the roles are quite different. The Men
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THE ROLE OF NGO’S IN NATIONAL DEVELOPMENT AND SECURITY By ( IBRAHIM TUDU) Chairman‚ Zamfara State Coaltion of NGOs‚ Nigeria email: ibrahimtudu@yahoo.com INTRODUCTION: The term NGO has now become a popular in academic‚ policy and international cycles. The letters N.G.O is an abbreviation‚ which stands for Non-Governmental Organization‚ literally speaking because they are not formed by the government‚ not controlled by Government bureaucracy and they do not participate in decision
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Global Business and Economics Research Journal ISSN: 2302-4593 Vol. 2 (5): 102 - 115 The impact of petroleum on economic growth in Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin
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Money Market on the Nigerian Economic Development Mr. Okpe Innocent Ikechukwu Department of Accountancy‚ Enugu State University of Science and Technology‚ Enugu‚ Enugu State of Nigeria Abstract The objective of this study is to examine the impact of money market on the Nigerian economic development; it has been prepared as a contribution to the quest for promotion of entrepreneurship as an engine growth. To access the multidimensional role and medium scale enterprises in bringing out rapid industrialisation
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