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Some of the terms used in the matrix are explained below: ‘Fast grow means grow business faster than the rate of growth in the market ‘Grow with the industry’ means grow the business at the average rate of growth in the market ‘Focus’ means continue the product in the same market. ‘Find niche’ means develop […]
STRATEGIC POSITION IN AN ORGANISATION’ Strategic position is seen from the standpoint of organisation resource internal capability internal analysis or strategic standing strength (SSS) or power that the organisation has in respect of the major environmental challenges it faces. It is the assessment of the position of the company in its market, its performance relative […]
BASIC CONCEPTS IN STRATEGIC MANAGEMENT Functions of Objectives 1. Setting of objectives legitimizes the existence of a busines$s 2. Objectives provide 9guidelines for action, directing and channeling organisational efforts. 3. It seves as constraints that limit excesses. 4. Objectives serve as ends that justify organisation business eforts. 5. It motivates and give employees drive to […]
THE CONCEPT OF BUSINESS SOCIAL RESPONSIBILITY. Introduction Probably no question has received more attention by business, governments, politicians and people in general in the past few years than the question of what social responsibility of business is. The same question, originally aimed at business, is now being addressed with increasing frequency to government agencies and […]
BASIC CONCEPTS IN STRATEGIC MANAGEMENT: PART ONE ORGANISATION STRATEGISTS Organisation is the system of combination of human and material resources to achieve target objectives. The major players that show direction which gives rise to decision making for the organisation are members of the board of directors and the top managers. The concept of formulating and […]
Recently, I was contacted by a firm based in China (HENAN POUL TECH MACHINERY) about their unique poultry cage. Initially, I was not much interested because I have seen many companies come to Nigeria and sell what’s fake and not lasting. But I decided to take a second look and what they could afford. Boy […]
Cooking Gas (LPG) Plant Business In Nigeria 2020 PDF Cooking Gas (LPG) Plant Business In Nigeria 2020 PDF | Feasibility Study Cooking Gas (LPG) Plant Business In Nigeria Cooking gas is essentially one of the most essential home needs, and of cause for those who do not require kerosene to prepare their meals. The cooking […]
Tailoring Business Plan in Nigeria & Feasibility Study The tailoring business is one of the most lucrative and profitable business in Nigeria. There are different ways and methods to make money from this business. We will discuss them in details and trust you will be very glad and happy that you did visit this site. […]
Transportation Business In Nigeria This is one of the most lucrative, exciting and most profitable business anyone can start in Nigeria. This business is a very lucrative one and anyone who wants to go into it, must first of all have with him a comprehensive Transportation Business Plan In Nigeria Feasibility Study. The reason for […]
There are some businesses that are very lucrative because it’s nature and the target audience. One of such business is the Biscuit business production in Nigeria. This is a very lucrative business in Nigeria which is profitable because of the way it is consumed in Nigeria. It is a daily consumed product. So for those […]