In this article we are going to be looking at the Center Bank, Meaning, Origin, characteristics and Functions Of Central Bank The Meaning Of Central Bank Central Bank is the highest financial institution in a country which implements the monetary policy of the government. It is the sole authority in the banking industry which acts […]
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In this hall we are going to be looking at commercial Banks, meaning, characteristics and functions of commercial Banks. COMMERCIAL BANKS Commercial banks are financial institutions which accept deposits and other valuables from the public for safekeeping with the sole aim of making profit. They are owned by private individuals, institutions or governments. Commercial banks
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In this hall, we are going to be looking at ADVERTISING. Meaning of advertising, Roles of advertising, types and methods of advertising in Commerce. Meaning Of Advertising Advertising can be defined as any paid form of non-personal communication which is directed to the customers or target audience through various Media in order to present and
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Hello welcome to this blog Post on communication networks in Nigeria, or say communication elements in Nigeria with Thier functions. The major communication networks in Nigeria or elements are: 1. Telecommunication: Telecommunications is the technology used in sending signals, images and messages over long distance by telephone and satellite. Some of the telecommunications system include
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In this blog post we are going to be looking at the types and forms of communication in Commerce, advantages and disadvantages of communication. Types And Forms Of Communication 1. Written Communication: This occurs when people communicate in written forms. This is the application of group of alphabetical symbols of the language choosing to convey
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in this blog post, we are going to be looking at the meaning and Importance communication in commerce. Meaning and importance of Communication Meaning: Communication is the process of exchange or transmission of meaningful information, feelings, opinions and ideas from one person to another or from one place to another. It is a two-way process
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Hello, welcome to this class on public corporations. Table of Contents Read Also Meaning Of Public Corporation Definition: Public corporation also known as public Enterprise or statutory corporation, may be defined as a large scale business organization set up, owned and finance by the government of a country mainly to provide services to the members
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In this blog post we are going to be looking at the different types of bank account in commerce, their features and difference between savings account and current account. TYPES OF BANK ACCOUNT 1. CURRENT ACCOUNT: Current account is usually open by businessmen and is required if a customer wish to make payment through Cheques.
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Hello welcome to this blog post on water Transport. in this post we are going to be looking at the meaning, types of water transport, advantages and disadvantages. READ ALSO – Advantages and disadvantages of road transport Table of Contents WATER TRANSPORT Meaning: Water transport is the means of the conveying goods and people from
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You are welcome to this class on Introduction to Business management. We are going to be looking at the meaning and functions of management. Meaning Of Management Management is the process of setting organizational goals, deciding what actions and Resources must contribute to meeting goals and then co-ordinating, building and encouraging the co-operative work of
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Hello, welcome to this class on Introduction to Business management. Table Of Contents Read Also Meaning Of Business Management Business can be defined as a some total of all economic activities which people engage into create, procure or provide desired goods and services to the consumers in proper competitions at suitable times and at satisfactory
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Indigenization has remained a widely debated policy tool in the economic development of many nations, especially in Nigeria, Africa and other developing regions. As countries seek to strengthen local ownership and reduce foreign dominance in key sectors, it becomes important to assess both the benefits and potential drawbacks of such a policy. In this discussion,
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Title: Advantages Of Capital Market Discover in this hall as we look at Capital Market: The definition of Capital market, the instrument used in the capital market, institutions involved in the capital market and advantages of Capital market in economics. See Also Money Market, meaning, Instruments used and advantages Table Of Contents CAPITAL MARKET The
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Hello welcome to this class on the topic: Money Market: Here we will take a look at the definition of money market, instruments used in the money market and advantages. Table Of Contents MONEY MARKET Definition: Money market can be defined as a market for short-term loan. The market consists of institutions or individuals who
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Hi, welcome to this blog on the branches of economics, the advantages and disadvantages economics. Table Of Contents BRANCHES OF ECONOMICS Economics can be grouped into two major divisions. These are micro-economics and Macro-economics. Micro-economics Definition: Micro-economics refers to the branches of economics which deal with smaller units or components of the economy. It is
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The basic concept or element of Economics are: wants, scarcity, scale of preference, choice and opportunity cost. Below are the basic concepts of economics: Table Of Contents WANTS Definition: Want is one of the basic concepts of economics and may be defined as insatiable desire or need by human being to own goods and or
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In many countries, governments intervene in the economy to regulate key industries and protect public interests. One of the ways they do this is through nationalisation, where private enterprises or resources are brought under state control. This step is often taken to address economic imbalances, control strategic sectors, or ensure that essential services reach all
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Hi, welcome to this blog on the topic: Forms of Transport. Table Of Contents There are four major forms of Transport mainly Land, water, air, rail and pipeline. TRANSPORTATION BY LAND Transport by land is one of the forms of transport for conveying goods and passengers from one place to another through land. This means
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Hello you are welcome to this blog post on chamber of Commerce. In this blog you’ll be learning the meaning, types or examples, aims and functions of chambers of Commerce. MEANING OF CHAMBER OF COMMERCE Chamber of commerce is an Association of merchants, manufacturers and business men from different commercial fields or various line of
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Hello, welcome to this hall on The topic: FUNCTIONS OF TRADE ASSOCIATIONS Table Of Contents The Meaning Of Trade Association Trade Association is an Association of traders or producers engaged in the same line of trade, whose major aim is to project and safeguard the interest of their members as well as their businesses. It
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