CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Business firms operate in a society to satisfy individual and social needs through the production of goods and services. Their decisions influence and are influenced by what is happening in the society. The social economic and political institutions that make up a society constitute in a broad … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY Modern organizations operate in a global competitive and an ever-changing environment. They lose their effectiveness and competitiveness if they follow the traditional way of management. These organizations are expected to apply new solutions to the whole management system. The methods of management (Lean Management, Outsourcing, Spin … Read more
CHAPTER ONE INTRODUCTION 1.1 BACK GROUND OF THE STUDY Every business passes through identifiable stages in its life span. Several growth strategies related to business management approaches have been presented in the literature. Managing growth is a major strategic issue for a growing firm (Arbaugh and Camp, 2000). Strategy is the most important determinant of … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Oil is a major source of energy in Nigeria and the world in general. Oil being the mainstay of the Nigerian economy plays a vital role in shaping the economic growth and development of the country. Although Nigeria’s oil industry was founded at the beginning of … Read more