The government of Sri Lanka officially declared in April 2021 that the country is experiencing its worst economic crisis since […]
Business and Economics
Strategic Purpose of Mergers and Acquisitions
Mergers and acquisitions collectively constitute a term for a particular strategy aimed at achieving specific business goals and objectives. Understanding […]
Relationship Between Inflation and Unemployment
Inflation and unemployment historically have an inverse relationship. This means that when the inflation rate is high, the unemployment rate […]
Types of Unemployment
According to the Organization for Economic Cooperation and Development or OECD, unemployment is a situation in which individuals who are […]
Stages of the Business Cycle
Modern economies undergo intervals of economic expansion followed by economic recession as indicated by their gross domestic product or GDP. […]
Types of GDP: Nominal GDP vs Real GDP
One of the macroeconomic indicators used to measure the economic performance of a particular jurisdiction is its gross domestic product […]
The Business of Amazon: What Exactly Does It Do?
Amazon is the largest online retailer and one of the most recognizable brands in the world. However, it is not […]
Reasons IKEA Is Affordable: A Concise Explainer
A sizeable number of shoppers around the world love IKEA. This is not because of hype or a strong loyalty […]
SWOT Analysis of IKEA
The Swedish-founded and Dutch-headquartered multinational conglomerate IKEA has become one of the most recognized brands in the world thanks to […]
Why Is Evian Water Expensive?
Evian is a French company involved in the bottled water business. It specifically bottles and markets mineral water sourced from […]