However, local enterprises face problems related to diseconomies of scale and this has forced them to charge higher prices which the lower and middle income classes cannot afford. There are instances where the local governments have had to intervene Continue Reading...
Wal-Mart Organizational Structure
The most successful companies have something to teach us. Wal-Mart has proved its successful business approach by adapting with changes throughout the years while maintaining a certain organizational system. The pur Continue Reading...
Banking
In the 1899 case of Austen v United States Bank 174, the Supreme Court defined a bank in the following words:
"A bank is an institution, usually incorporated with power to issue its promissory notes intended to circulate as money (known as Continue Reading...
Outsourcing and Global Sourcing
According to Entrepreneur.com, the term "outsourcing" refers to "the practice of having certain job functions done outside a company instead of having an in-house department or employee handle them," (2011). While in Continue Reading...