CAUSE OF FAILURE OF SMALL-SCALE INDUSTRIES IN NIGERIA
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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
Account Number: 0117780667.
Swift Code: GTBINGLA
Dollar conversion rate for Naira is 175 per dollar.
ATM CARD: YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY.
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AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO
08074466939 or 08063386834, YOUR PROJECT TITLE YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.
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CHAPTER ONE
INTRODUCTION
1.1 PROBLEMS IDENTIFICATION
1.2 AIMS AND OBJECTIVE
1.3 SIGNIFICANCE OF THE STUDY
1.4 HYPOTHESIS
1.5 LIMITATION OF STUDY
1.6 DEFINITION OF THE STUDY
CHAPTER TWO
2.0 LITERATURE REVIEW
CHAPTER THREE
3.0 SUMMARY OF FINDINGS
3.1 RECOMMENDATION
3.2 CONCLUSION
REFERENCE
CHAPTER ONE
INTRODUCTION
Whenever a business fails, we tend to point at different type of internal reasons like failure of major product, a bad investment decision, structural rigidity or management incompetence as the root cause, business failure could also result from external factor
Like competition, change in government regulations, scarcity of raw material etc.
Whatever may be the reasons, it is relevant for manager to get to know them with a view to optimizing then for their company advantage.
Apart from the general know reasons, some factors are peculiar to some organizations and entrepreneurs; some of these are most times environment-driven. The ability of organization to prevent such failure depend on whether management align and see the factors in the context of their business strategy, hence there could be full optimization of their respective risks. Such factors among others include the following:
Failure to change and adopt due to past success. It is a wrong action for anyone to describe his organization or business as failure – proof no matter what the level of the past achievement was. Most of the business that collapse in the recent times are dose we have described as excellent in the past. They have failed not because they lack the strength to sustain success but due to their insentivity to changes around them and therefore get trapped by their past success.
Let us take a walk around some industries estate in Nigeria especially in Enugu, one would find several of these organization that have won different performance awards in the past but are no longer doing well today. This is an unfortunate consequence of their rigidity and management styles.
Whenever an organization losses touch with it’s environment, it becomes less sensitive to competitive demand, thereby operating in an imagined environment. Enron and double A of united state are good example of such organization. For instance, when we are young, we heard of the financial myth and strength of organization i.e. Dommo, AG Leventis, UTC, UAC, CFAD, Odutola Industry, Adebowale Industry etc. But today, not many of these organization can compete favorably with international counterparts, their positive past performance seems to be a major stumbling block in their process of strategic re-orientation.
It is not worthy to mention that most successful business set up today may collapse in future going by their style and management attitude to strategic failure.
To understand why their success today may bread failure tomorrow, because they may need to look at how the organization are using their success. It is suppose to be a learning experience for future growth, but they have programmed their organizational successful strategies to attract no further success.
During successful business period, some organization create some expensive culture, norms and belief that may turn the organizations resistant to future change the culture also reduces their flexibility to respond to competitive change.
My research work reveled that the continuous failure of
small-scale industries negates the struggle by the government to revamption of the economy. The effects of this on the economy are – food scarcity unemployment, increase in social ills, adverse balance of payment position experience by the country reduction in per capital income etc. These problems if not adequately checked may result to a total collapse of the economy.
In almost every country, small-scale industry constitutes a greater part of all industries
Download our android mobile app for more materials
ORDER NOW
COMPLETE MATERIAL COST N2,500 Or $10. FRESH PROJECT MATERIAL COST 50,000 NAIRA FOR UNDERGRADUATE, OTHERS 100,000 -200,000 NAIRA.
THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
MAKE YOUR PAYMENT INTO ANY OF THE FOLLOWING BANKS:
GTBANK
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
Account Name : Host Link Global Services Ltd
ACCOUNT NUMBER: 0138924237
First Bank:
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
Account Number: 0117780667.
Swift Code: GTBINGLA
Dollar conversion rate for Naira is 175 per dollar.
ATM CARD: YOU CAN ALSO MAKE PAYMENT USING YOUR ATM CARD OR ONLINE TRANSFER. PLEASE CONTACT YOUR BANK SECURITY FOR GUIDE ON HOW TO TRANSFER MONEY TO OTHER BANKS USING YOUR ATM CARD. ATM CARD OR ONLINE BANK TRANSFER IS FASTER FOR QUICK DELIVERY TO YOUR EMAIL . OUR MARKETER WILL RESPOND TO YOU ANY TIME OF THE DAY. WE SUPPORT CBN CASHLESS SOCIETY.
OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.
form>DELIVERY PERIOD FOR BANK PAYMENT IS LESS THAN 24 HOURS
CALL OUR CUSTOMERS CARE OKEKE CHIDI C ON : 08074466939,08063386834.
AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO
08074466939 or 08063386834, YOUR PROJECT TITLE YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.
WE HAVE SECURITY IN OUR BUSINESS.
MONEY BACK GUARANTEE
CHAPTER ONE
INTRODUCTION
1.1 PROBLEMS IDENTIFICATION
1.2 AIMS AND OBJECTIVE
1.3 SIGNIFICANCE OF THE STUDY
1.4 HYPOTHESIS
1.5 LIMITATION OF STUDY
1.6 DEFINITION OF THE STUDY
CHAPTER TWO
2.0 LITERATURE REVIEW
CHAPTER THREE
3.0 SUMMARY OF FINDINGS
3.1 RECOMMENDATION
3.2 CONCLUSION
REFERENCE
CHAPTER ONE
INTRODUCTION
Whenever a business fails, we tend to point at different type of internal reasons like failure of major product, a bad investment decision, structural rigidity or management incompetence as the root cause, business failure could also result from external factor
Like competition, change in government regulations, scarcity of raw material etc.
Whatever may be the reasons, it is relevant for manager to get to know them with a view to optimizing then for their company advantage.
Apart from the general know reasons, some factors are peculiar to some organizations and entrepreneurs; some of these are most times environment-driven. The ability of organization to prevent such failure depend on whether management align and see the factors in the context of their business strategy, hence there could be full optimization of their respective risks. Such factors among others include the following:
Failure to change and adopt due to past success. It is a wrong action for anyone to describe his organization or business as failure – proof no matter what the level of the past achievement was. Most of the business that collapse in the recent times are dose we have described as excellent in the past. They have failed not because they lack the strength to sustain success but due to their insentivity to changes around them and therefore get trapped by their past success.
Let us take a walk around some industries estate in Nigeria especially in Enugu, one would find several of these organization that have won different performance awards in the past but are no longer doing well today. This is an unfortunate consequence of their rigidity and management styles.
Whenever an organization losses touch with it’s environment, it becomes less sensitive to competitive demand, thereby operating in an imagined environment. Enron and double A of united state are good example of such organization. For instance, when we are young, we heard of the financial myth and strength of organization i.e. Dommo, AG Leventis, UTC, UAC, CFAD, Odutola Industry, Adebowale Industry etc. But today, not many of these organization can compete favorably with international counterparts, their positive past performance seems to be a major stumbling block in their process of strategic re-orientation.
It is not worthy to mention that most successful business set up today may collapse in future going by their style and management attitude to strategic failure.
To understand why their success today may bread failure tomorrow, because they may need to look at how the organization are using their success. It is suppose to be a learning experience for future growth, but they have programmed their organizational successful strategies to attract no further success.
During successful business period, some organization create some expensive culture, norms and belief that may turn the organizations resistant to future change the culture also reduces their flexibility to respond to competitive change.
- PROBLEMS IDENTIFICATION
My research work reveled that the continuous failure of
small-scale industries negates the struggle by the government to revamption of the economy. The effects of this on the economy are – food scarcity unemployment, increase in social ills, adverse balance of payment position experience by the country reduction in per capital income etc. These problems if not adequately checked may result to a total collapse of the economy.
In almost every country, small-scale industry constitutes a greater part of all industries
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