In summary, Serbia presents opportunity for growth and Telenor should offer financial services to the niche market. It should position as branchless, fully-mobile and use existing network as distribution channel. Its designed services are superior to the competition and this would engender loyalty of its customers – translating into profits.
Société Raffineur, a French company that buys nickel ores from variety of mines and process into three grades of pure nickel, was grappling with its complex raw material and production scheduling problem. The old foreman that who responsibilities included planning of the schedule had unfortunately passed away and his successor had been incapable of successfully dealing with this problem, which resulted in a loss of $1 m in July due to the purchase of extra electricity at higher prices. The ...
Cooper Industries Inc., a company with considerable financial strength and solid management, has a strong record of acquiring companies in a friendly takeover way, aiming at: expanding its portfolio into new markets, gaining the know-how in high quality product lines and making synergies that would lead to economies of scale. Within this context, Nicholson Company is under scope to be acquired. Although Cooper had made an offer, which was rejected initially; at the moment in time examined b...
The scope of this report is to provide advisory content to Eagle Airlines regarding the profitability of investment in a new aircraft, Piper Chieftain, as well as general recommendations on the profitability of operations. For the purposes of the analysis, several methods were employed in order to evaluate how changes in uncertain input parameters affect profitability: case scenarios, one-way sensitivity analysis, two-way sensitivity analysis and Monte Carlo simulations. Sensitivity analysis ...
Nigeria is no doubt currently among the countries embattled with a high rate of unemployment. Due to the present economic challenges, which have lasted over a decade. To examine the impact level of the social investment programme on the beneficiaries, qualitative research was carried out and the instrument was structured on complete open-ended, by one-one interview and online platforms (Whatsapp and Facebook groups). N-teach (150,000 beneficiaries), N-health (20,000 beneficiaries) and N-agro ...
Abstract: Information Technology (IT) is expected to provide quality services to the employees at the time that the service is seriously needed but this is often not achieved in practice because accessing the services is still entangled with internal and external constraints. The main objective of this study is to determine whether the application of Information Technology offer satisfactory performance of employee in General Hospital Nasarawa. Data was collected using a well structure ques...
Abstract: Waiting lines are common phenomenon in our daily life especially in the organization that provides services for profit making. The paper shows that to ensure quality service delivery a good and unique queuing system is necessary in the filling stations which ensure a good flow of customers at the service points. The main objective of this study is to determine whether the application of queuing model shortens the waiting times of customers in Total Filling Station, Keffi. The stud...
Abstract: The Automated Teller Machine(ATM) is expected to provide quality services to the customers at the time that the serviceis seriously needed but this is often not achieved in practice because the proportion of customers needing the services on a daily basis continues to increase and the available capacity to meet the challenges is grossly inadequate.The main objective of this study is to determine the effectiveness of ATM usage on customers’ satisfaction.Data was collected using a...
Abstract: This paper investigates the impact of loanable funds market on economic growth in Nigeria. Data from 2001 – 2015 were used. This was obtained from CBN bulletin and Bureau of Statistics. The analysis was done using multiple regressions. The growth in line with a priori expectation. The study also affirms a positive relationship between interest rate and economic growth. The coefficient of determination R2 is 95.7% while the Durbin Watson statistic of 2.25 shows minimal level of ...
As a growing number of companies reject intellectual property (IP) monopoly-based business models to embrace libre product development of free and open source hardware and software, there is an urgent need to refurbish the instruments of university-corporate research partnerships. These partnerships generally use a proprietary standard research agreement (PSRA), which for historical reasons contains significant IP monopoly language and restrictions for both the company and the university. Suc...
Notwithstanding the unstable nature of Nigeria economy small business owners created approximately 32 million jobs and contribute almost 45% to the nations GDP. However, startup small businesses fail at rate over 80% the first five years. Guide by theory of constraints, the purpose of this qualitative multiple-case study was to explore survival strategies required by some small business owners to sustain business in Nigeria beyond 5 years. Data collection was through semi-structured interview...
Customer attrition has severe effects on profitability and organizations incur high costs acquiring new customers while existing ones generates more profits. However, when an organization reduces customer quitting by 5%, it raises profits by 2-8% (Khan & Rizwan, 2014). Previous studies gave much attention to factors of customer loyalty such as product quality and customer satisfaction but none have qualitatively explored the factors relative to automobile dealerships businesses in New York Ci...
Abstract Jobs are generated by initiating and growing small businesses within underdeveloped economies. Unemployment among youths is a critical problem confronting Nigeria (Nwogwugwu & Irechukwu, 2015). Unemployment leads to less growth and a drop-in consumer spending. Increased unemployment generates lowered business output. Unemployment results in welfare loss from lowered output, income, and wellbeing which hinder social progress of nations. Nevertheless, unemployed youths with small busin...
It was Peter Drucker that said: “The problem of the bottle is also at the top where it is small” once the top of the bottle is opened, one can gain access to the content. The study of leadership and motivation is both research and practical skills encompassing the ability of an individual, organization to lead or guide other individuals, team, or the entire organization successfully. These represent ideas and principles that explain how power is acquired, and the dealings that occasioned ...
Effective communication is important for the development of an organization. It helps the managers to perform the basic functions of management - Planning, Organizing, Motivating and Controlling. Communication skills whether written or oral form the basis of any business activity. Communication serves as the foundation of every facet of a business. Thus, it can be said that effective communication is the building block of an organization. Poor communication is the bane of any org...