ABSTRACT The prerequisite for this extended essay is to know the relevance of financial management to business growth in Nigeria. Financial management is relevant to business growth for a well balanced operation, as business in Nigeria are made up of small, medium and large scale enterprises need financial management to operate well. The ultimate aim of financial management is to plan and forecast the profit making and sourcing of funds for business growth. Money is needed in financial manage...
ABSTRACT A job creation strategy to provide 10,000 jobs in two years has been developed by the ministry in collaboration with the commonwealth. The recent declaration by the national Bureau of Statistics that almost 100 million Nigerians live on less than $1 per day succinctly describes the enormity of the fundamental flows in all the strategies deployed by successive governments in the country in tackling the issue of poverty alleviation and job creation. Furthermore, the youth empowerment a...
PREFACE The pieces of work has been undertaken as a partial fulfillment of the award of National Diploma in Business Studies in Kaduna Polytechnic. The topic of the essay written on THE PROCESS OF PRODUCT PLANNING AND DEVELOPMENT. The essay work is divided into three (3) chapter. The first chapter is brief introduction of product planning and development in marketing. Its aim and objective of the essay, the scope of the essay and finally definition of some key terms in the essay. The seco...
ABSTRACT This extended essay aims to appraise the importance of financial institution in the development of small scale industries in Nigeria. The aim is to ascertain the importance of financial institution and how these financial institution support the growth and development of small scale industry. And the problems of small scale industries that makes them efficient and how they are solve through the hedge provided by financial institution through quality loan at subsidies rate, insurance ...
INTRODUCTION The ultimate or core aim of an organization in this world today with the level of competition is to maximize profit and the satisfaction of consumers need through quality product irrespective of competitors and this can be achieved by quality control in an organization. Quality is concerned with fitness or proper quality of product and it also goes with it price and delivery quality control takes this form of fitting standard quality, according to specification delivery and t...
INTRODUCTION Production Planning and Control are terms that though commonly used have witnessed a lot of changes both in meaning and scope in the past four years, for example, based on the extended view of production to include the tradition of all of production services both as discipline of study and as a profession can now be practiced in all organizations. As in other field of management, planning and control forms the primary function of the production management. It is for this reason t...
ABSTRACT Product is a very important part of the marketing mix, and consumers want and satisfaction serve as the yardstick for creating it. Hence products must be designed with the market’s need in mind. This essay writing intends to look at the basis for planning changes in marketing strategy which allows a management to take a corrective course of action. As a matter of fact, products like human beings have life span and they can die. The danger in the death of an organization product is ...
ABSTRACT The word motivation comes from the Latin word EMOVERE which mean to move. Motivation is a general term applying to the entire class of drives, desire, and needs wishes and similar forces inherent in an individual, which make him behave in a particular way. Thus, motivation could simply refer to as those inner drives that activate, energies of move behavioural patterns of individuals or group and sustain them towards the satisfaction of a felt needs. Motivation is interested in the �...
ABSTRACT This extended essay examine the Impact of monetary policy in controlling inflation. The ways of combating inflation identified were through monetary policy open market operation (OMO), moral suation, minimum requirement, interest rate cash reserve requirement (CRR) liquidity ratio etc and fiscal policy approach-taxes, government expenditure and borrowing. The essay however discovers that combating inflation using either the monetary or fiscal policy approach is highly uncertain. ...
ABSTRACT There is significance in investigating the problems that surrounded the distribution of material management in marketing organization. Therefore, this extended essay attempts to examine the raw materials and scare, production has become complex and the number of goods strategies for improving the alternative sources are required and new product needed in distributing channels are being managed. We all know that goods/materials, cannot reach the ultimate consumer/industrial users with...
ABSTRACT The extended essay focuses on the “impact of management information system on the effectiveness of employees’ productivity in an organization”. However, management information system plays a vital role in stimulating the operation of an organization worldwide. This essay revealed that the regular training and workshops on MIS organized by the organizations influence the effectiveness of staff to be more productive. It also revealed that information processing devices must not o...
ABSTRACT The confined success enjoyed by many organizations is derived from balances that are achieved in terms of goals of both the employees and management of the organization through effective leadership. The major purpose of this study is to determine the impact of leadership qualities on growth and development of organizations especially the private sector. In order to accomplish this objective, research questions were formulated and data were collected through the use of questionnaires ...
INTRODUCTION Credit generally denotes loans and advance made either directly by a credit (lender) or a debtor (borrower) on the principles of different payment. The banks as a lender, provides credit facilities by making funds available to customers in agreed terms and condition of payment. The gain of credit to the bank is purposed to be huge profit instead of this over year, modern banks (particularly First Banks) have been recording huge amount of bad debt provision which increase with eac...
INTRODUCTION There are evidence to suggest that in many countries there has been an increase in the rise of natural disasters occurring – natural hazard rise – due to environmental degradation (World Bank 2002). Natural disasters are complex and multifaceted events resulting from mismanaged and unmanaged risks that reflect current condition and historical factors (Alexander 2000). Disaster risk is collective in its origin and remain a ‘public,’ shared risk that makes finding individua...
INTRODUCTION Automated Teller Machines (ATM) are devices used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. The strip contains an identification code that is transmitted to the bank’s central computer by modem. To prevent unauthorized transactions, a personal identification number (PIN) must also be used by the user using a keypad. The computer then permits the ATM to com...