What is Niche Market? A niche market is a subset of a market on which a particular product or service is focused. The market subset is usually based on five different …
What is Niche Market? A niche market is a subset of a market on which a particular product or service is focused. The market subset is usually based on five different …
Supply chain Management (SCM) refers to the management of key business processes which are related to the product flow and conversion of goods from the raw material to the goods …
In this article, you’ll learn about 4 Phases of Business Cycle in Economics. 4 Phases of Business Cycle Business Cycle (or Trade Cycle) is divided into the following four phases Prosperity …
What is Trade Cycle? The alternating periods of expansion and contraction in the economic activity have been called business cycles or trade cycles. The period of high income, high output, and high employment …
What is Supply in Economics? ? Supply is an economic principle that can be defined as the quantity of a product that a seller is willing to offer in the market …
What is Demand in Economics? Demand in Economics is an economic principle that can be defined as the quantity of a product that a consumer desires to purchase goods and services at …
What is Economics? Economics is that branch of social science that is concerned with the study of how individuals, households, firms, industries, and government take decisions relating to the allocation …