A supply curve is a graphical representation of the relationship between the price of a product and the quantity of such product that a producer […]
Author Archives: Ray Charles Samson
The Advantages and Disadvantages of Porter’s Five Forces
The Five Forces Framework is an analytical model developed and advocated in 1980 by Harvard professor Michael Porter. It can be used for analyzing the […]
Factors Affecting Demand
Demand is a central concept in economics and the more specific subfield of macroeconomics. It signifies the desire and willingness of the consumer to own […]
Examples of Demand Shifters and their Effects
A demand curve is a graphical representation of the inverse relationship between the demand for a particular product and the movement or change in its […]
Supply Chain Strategy of Amazon: Inside Its Supply Chain
Amazon is both a tech company and a retailer. It is considered as one of the most valuable tech companies and one of the largest […]
What Is SpaceX: Mission, Vision, and Specific Goals
Space Exploration Technologies Corp. or SpaceX is an American aerospace and communications company founded by American business magnate and billionaire Elon Musk in 2002. The […]
Advantages and Disadvantages of Communism
Communism is both an ideology and a movement that fundamentally centers on the creation and maintenance of a socioeconomic order called a communist society in […]
The Business Strategy of Amazon
Amazon is a multinational technology company based in the United States. It is currently the largest internet retailer in the world in terms of revenue […]
Economic Globalization: Advantages and Disadvantages
One of the three major dimensions of globalization, alongside political and cultural dimensions, is economic globalization. It represents the process involved in the accelerated cross-border […]
The Business Strategy of Netflix
Netflix is an American public company involved primarily in providing Internet-based and subscription-based streaming media, distribution of film and television contents on the Internet, and […]