Obtaining national counselor certification through NBCC: 1  Shows the public and employers that you have met national standards for education, training and experience based on research completed by professional counselors working in the counseling profession.
Supplier consolidation has two basic interpretations. It refers to a reduction in suppliers in an industry due to mergers and acquisitions. It also is used to describe a retail strategy of using fewer suppliers to build strong partnering relationships.
Defined. Offline Version: PDF. Term shortage Definition: A condition in the market in which the quantity demanded is greater than the quantity supplied at the existing price. A shortage occasionally goes by the terms excess demand and sellers' market. A shortage causes an increase in the equilibrium price.