STRUCTURE OF A BUSINESS
ORGANISATIONAL SET UP The organisational set up of a business involves the allocation of responsibilities and functions to different components of an organisation and delegating authority to each position in order to ensure the smooth operation of the business so…
NATIONALISATION AND INDIGENIZATION
NATIONALISATION Nationalisation is a deliberate policy by which government takes over the control and ownership of private enterprises due to economic, political, social or strategic reasons. In other words, nationalisation is the process by which the government takes over the…
INTERNATIONAL MONETARY FUND
Formation: The International Monetary Fund was set up after the Second World War in order to encourage the development of foreign trade. It began operation in 1947 with headquarters in the United States of America. The International Monetary Fund was.…
NIGER BASIN COMMISSION
Formation: The Niger Basin Commission (NBC) was established by countries located in the Niger basin to maintain better co-operation on the use of the River Niger. The treaty establishing the commission was signed by the countries in October, 1963. These…
LAKE CHAD BASIN COMMISSION
Formation: The Lake Chad Basin Commission (LCBC) is an organisation set up to foster cooperation among countries sharing a common border with Lake Chad with respect to the usage of the lake. The Lake Chad Basin Commission was established by…
Study Guide
