Expanding the product range of a business at the same point in the supply chain
A merger between firms at the same stage of production
A takeover bid opposed by a company's directors due to various reasons including belief in better off independently or seeking a higher offer.
Money in bank balances or liquid securities which is liable to rapid removal to other countries if the holders suspect that the currency will depreciate.
Understanding Hotelling's Law, the Law of Minimal Differentiation, and its applications in economics.
The number of hours per day or per week that a worker is contracted to perform
A group of people living together with common domestic expenses, often deciding on consumption expenditure as a unit.
An in-depth economic analysis of household decision-making models, focusing on consumption, labor supply, and the cooperative versus non-cooperative dynamics within households.
Understanding the concept of household production, its significance, and how it is accounted for in different economic systems.
A detailed overview of housing associations, their role in providing low-cost housing, and their financial structuring.
Assistance under the UK social security system for low-income households to cover rented accommodation costs
The stock of knowledge, skills, and abilities that determine the labor productivity of an individual.
