CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Strategic management is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments (Nag et al,2007). It entails specifying the organization’s mission, vision … Read more
CHAPTER ONE: Introduction BACKGROUND OF THE STUDY Planning is an inescapable part of all rational human activity. Since business is one of those rational human activities, planning is of great importance to ensure efficiency in the discharge of business responsibilities. Apart from being one of the basic elements of management, planning has an aspect, which … Read more
CHAPTER ONE INTRODUCTION: With the devastating global economic and financial crises, which had seen to the collapse of stocks and banks in many countries of the world, it is the belief of management and financial experts that for any Nigerian bank to survive it, it must adopt a wholesome strategic management practices in its corporate … Read more
CHAPTER ONE INTRODUCTION BACKGROUND OF THE STUDY The spate of competition among organizations has necessitated the need for improved performance if they are to realize their corporate goals. The socio-political environment of businesses is also ever changing and imposes upon these entities the challenge of managing that change in order to sustain performance. … Read more
CHAPTER ONE INTRODUCTION 1.1 Background of the Study Area All over the world, reasons for reforms in the public sector vary from country to country depending on the objective, peculiarity and the circumstance that the country finds itself. The issue of reform of the Nigerian downstream sector refining and distribution of petroleum products has been … Read more
CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Strategic planning is the process of determining the major (bedrock) objectives of an organization and the policies and strategies that will govern the acquisition, use and disposition of resources to achieve those objectives. Steiner, et al in Imaga, E.U.L (2001). Strategic planning is a process … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Strategy is about winning. The purpose of strategic planning is to guide management decisions towards superior performances in an establishment. Competitive advantage strategy acts as a vehicle for communication and coordination within an organization. Strategic planning and management has become more of a business word in … Read more
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY There is increasing demand on government and its agencies to imbibe governance and leadership principles that will enable it function and deliver services more efficiently. This is a global phenomenon. Although the advanced economies are progressively pursuing programmes and implementing transformational strategies aimed at … Read more
CHAPTER ONE INTRODUCTION Back ground of the Study Until the 1940s, strategy was seen as primarily a matter for the military. Military history is filled with stories about strategy. Almost from the beginning of recorded time, leaders contemplating battle have devised offensive and counter-offensive moves for the purpose of defeating an enemy. The word strategy … Read more
TABLE OF CONTENTS Title Page: … … … … … … … … … i Certification: … … … … … … … … ii Dedication: … … … … … … … … iii Acknowledgement: … … … … … … … iv Table of Content: … … … … … … … v … Read more