Entries on Business Administration
Many Nigerian companies especially startups have been struggling to survive and have suffered lack of improvement, periodic downsizing and folding up as a result of contact struggle to remain competitive as a result of lack of ICC. On the other hand the Western part of the world has been labeled the Innovation Economy. In spite of governmental and environmental problems faced by the African countries, this there is more than one approach to achieve success in the field of Marketing and general Business Management. The goal of this research is to create an overview of these perceptions and practices and to see how to further impact organizational growth in terms of more revenue generation and increased market share.
This book is directed primarily at those following an introductory and subsequent course in managerial cost accounting (a term used to refer to cost management, cost and management accounting). Many readers will be studying at a university or college, perhaps majoring in accounting or in another area such as management, business education, information technology or engineering. Other readers may be studying independently, perhaps for professional qualifications like ICAN, ANAN, AIB etc., or they will be studying with no formal qualifications in mind. The authors are mindful of the fact that most readers will not have studied managerial cost accounting before. Therefore the book is written in an accessible style in order to avoid technical jargons in management cost accounting and control. Where technical jargon is unavoidable, attempts have been made to introduce them gradually and explain them clearly. The book comprises fifteen chapters, organised in four parts; and covers all the areas required to gain a firm foundation in the subject.
The Marketing world is changing rapidly. Global economic conditions, political situations, demographic variables and competitive landscapes are in a constant state of change. Marketing strategies/approaches that yield positive results yesterday may not work tomorrow. This has actually created a wide dislocation in information, strategies and skills needed in meeting up with emerging challenges. The only way to bridge this gap is by doing things differently at different times in tune with the peculiarities of the operating environment. This book, therefore, tends to bring home the basic rudiments of Marketing Management and presents its fundamentals in a comprehensive manner while at the same time relating its concepts and techniques to the peculiarities of a developing society like ours. Although there are a lot of excellent textbooks in Marketing Management, most of them have been written in a different form/style - most of them are inclined to the West.
1.1 The following report and recommendation relate to the proposal by vinchy tomato paste company at umuokpu Awka in Anambra state 1.2 The project would require a startup capital of 2, 587,000 made up of 2,000,000 for fixed assets and 587,000 for working capital 1.3 The enterprise vision is to be the best paste in the whole eastern part of Nigeria particularly in Awka 1.4 The project will be located in umuokpu Awka because of its easy accessibility to the farm where the raw material will be gotten easily and also because of its meanness to the market 1.5 A huge market is available for the business especially at Eke Awka main market. 1.6 The financial projections shows that the project would be financially stable and liquid by the time it mature. The sale figures stand at N1,380,000 for year 1, year 2 and year 3 respectively. Also, profit after tax are (800,000), and 2,400,000 and 2,900,000 for year 1, year 2 and year 3 respectively. The cash flow is equally good and encouraging by the second year through the third year 1.7 The competitive edge of the enterprise use in its ability to produce the best quality is rich and cannot be compared to other paste and this is gotten through buying and processing quality and best tomato that is very reddish and thick which can satisfy the taste of the customers.
The Journal is a subsidiary day book, where monetary transactions are recorded for the first time, whenever they arise. In this, the transactions are regularly recorded in an orderly manner, so that they can be referred in future. It highlights the two accounts which are affected by the occurrence of the transaction, one of which is debited and the other is credited with an equal amount.