ABSTRACT: THE IMPACT OF INFLATION ON THE BUSINESS ENVIRONMENT
This study aims to: 1) evaluate the effects of inflation on business costs; 2) analyze the impact of inflation on consumer purchasing power; and 3) assess the strategies businesses adopt to mitigate inflationary pressures. A survey research design is adopted for its ability to collect detailed data. Using Taro Yamane’s formula, the sample size of 340 businesses, including retail and manufacturing firms, is determined. Lagos, as a major economic center, is selected as the location. A reliability coefficient score of 0.87 confirms the survey’s reliability. Findings indicate that inflation significantly increases business costs and reduces consumer purchasing power, leading to lower sales volumes. Businesses adopt various strategies, such as cost-cutting measures and price adjustments, to mitigate these effects. The study recommends that businesses develop robust inflation management strategies and closely monitor economic indicators to proactively respond to inflationary trends.
ABSTRACT
This study was carried out to examine the effect of short term employment contracts on staff motiv...
ABSTRACT
E. coli has become widespread in distribution and recognised both as harmless commensal and a versatile pathogen. It has emerged...
ABSTRACT
This study assessed the effect of Positive Reinforcement on Mathematics Anxiety among Primary School Pupils in Edu Local Governm...
ABSTRACT
The study investigated the effect of Intrinsic and Extrinsic Motivation Strategies on students writing skills performance in jun...
ABSTRACT: This research examines the role of early childhood education in developing global perspectives among young children. Objectives incl...
ABSTRACT
This study centers on the effect of socio-economic background of Adolescent students on the ac...
Abstract
This study is aimed at determining the status, prevalence and significance of female urogenital schistosomiasis (FUGS) in schist...
ABSTRACT
In summary, this research work which was based on the topic: party system and Nigeria political development&nbs...
Background of the study
Home video is one of the strongest media outlets and because it is widespread,...
ABSTRACT
This research work investigated motivation and teacher effectiveness in private and public sec...