INTRODUCTION 1.1BACKGROUND Just like water and air is important to the living human being for daily duties and a hitch-free survival, the importance of fuel to automobile cannot be over looked. A typical situation is in he case halts because of the fact that there is shortage of fuel. The importance of fuel in this our developing and technically, inclined economy is fast like the mixture of oil and salt as far as the economy forget growth as one of its goals. Fuel is used in a variety of ac...
INTRODUCTION DEFINITION OF INFLATION AND UNEMPLOYMENT ON THE ECONOMY According to Mr. C.C. S. Okeke an economist “Inflation is a continuous rise in prices of goods and services”. That is a situation of persistent increase in price of commodities without a proportionate increase in the supply of the commodities. When the expansion in the supply of money is greater than the expansion in the supply of commodities, the effects is inflationary. The implication of the inflationary period is the...
INTRODUCTION 1.1BACKGROUND OF THE STUDY Management is defined by many authors in recent years, according to Koontz (1963), management is the process, activity of carrying out the task or ensuring that a number of drivers activities are performed in such a way that a number of activities are performed in such a that defined objective is achieved especially the task of creating and maintaining conditions in which desired objectives are achieved by the combined efforts of a group of people (whic...
INTRODUCTION 1.1BACKGROUND OF THE STUDY It is evident that whenever more than person is involved in an activity or organization, there is bound to be friction. Since it has been established that occurrence of most rational activities involve people there is therefore need fro guidance in order to achieve the aims, goals and objectives. Fuel shortage and their attendant distribution problems started in the later part of 1993 and were attributed to labour and political crisis of that year. Blac...
ABSTRACT This research work examined the effects of management styles on works productivity in the Hotel industry with special reference to Hotel Presidential and Nike Lake Resort Hotel Enugu. In many establishments, especially the movement ones, it has been found that situations which are limical to the achievement of organizational goals do usually exist. These situation east because do usually exist being practiced by these establishments. Observations have shown that while those at the he...
ABSTRACT Every, business enterprise, big or small, public or private operate within the formwork of policies aimed at achieving a set objectives. These policies take into account the dynamic nature of the business environments, individual needs and aspiration and above all, the cultural from work of organizational effectiveness or production they much depends on the nature of these policies formulated and also on the mode of implementation. It is on this promise that this research work was im...
ABSTRACT This project work titled the “Role of middlemen in channel of distribution” an important element in the marketing mix of any form, is the system of marketing channels through which products and services are distributed to the final consumers or ultimate users. A marketing channel is a loosely connected system comprising of a manufacturer, middlemen and the ultimate users. Wholesalers and retailers are the functional middlemen for manufacturers. The writer described the problem un...
1.0INTRODUCTION 1.1BACKGROUND TO THE SUBJECT MATTER The introduction of this write up will not be complete without the knowledge or knowing some facts about the company in our case study that is Emily Millionaire Industry Limited. Their head office is at Lagos. The Industry commenced business by Late 1978 and they have successfully introduced their cosmetic products to the market. The company’s management has made all necessary effort since its inception to improve and create quality of th...
INTRODUCTION Some years ago, the concept of training and development were widely misunderstood and not fully appreciated in most Nigerian organization. Today, the situation has dramatically changed such that many organizations, business and non business organization have come to appreciate the need for employee development and training as a very important instrument for organization development. Training and development date back to the beginning of man. In our own families, our parents direc...
ABSTRACT It is a widely held opinion by financial experts that public sector controls about sixty percent (60%) of the asset base of this country. It is likely to be so in socialists and communist, economics where the national government plays vital roles. The public sector can be defined as that sector of the economy established and operated by the government or its agencies, distinguishable from the private sector and organized on behalf of the whole citizen Three things stand out clearly...
ABSTRACT The purpose of writing this paper, I have evaluated and highlight the role play by insurance companies in the nations economic development and growth. The focus in the study is on the major development with in the following sectors of the economy. Banking institution: The insurance companies have played vital roles in the development of banking institutions. These foundations of the insurance institution had helped the banks because most distressed banks are due to loan which they...
1.1 OBJECTIVES OF THE STUDY The objectives of this study is to find out (i) What mergers and acquisitions mean in Nigeria context. (ii) The process involved in mergers and acquisition. (iii) Whether mergers have achieved cost efficiency through economics of scales. (iv) The management of post mergers (v) Its impact in the economic development in Nigeria. In the absence of any definite statement, wide ranging views emanated according to the varying prospective of those concerned. In this type ...
ABSTRACT The urgent need to establish a financial institution that will carter for the development of various sections of the African economy brought about the emergence of the African Development Bank. Also, when the African government realized that the central banks and commercial banks could not provide long financial developmental services, the development banks were specifically established to bridge the gap. The objective of the research is to appraise the activities of ADB (African Dev...
ABSTRACT This study was motivated by the need to establish whether Suns Electronics Company (S E C) implement or practice the effect of inventory management of the viability of a company The customers and personal of some Suns Electronics Company were in the study. The research instrument used for data collection were mainly questionnaires and interview guide Data collection were organized and analyzed by percentages. The research questions were answered loosed on the data in the table....
ABSTRACT Small-scale industries in any nation are the bedrock of development mainly business grew out of small to medium and then large business. The purpose of this project or study is to evaluate the extent to which bank have been financing small-scale industries in Nigeria. The term “small scale industries are those small business that fall within category of business with not more than five hundred thousand naria (N500,000) as their annual turnover. In this project attempts are made ...