are necessary purchases and consistent with the best interest of the company i.e. not for personal use. Refer to lecture note: Most companies have different levels of general authorisation depending on the type of purchases. Weakness Strength Audit procedure (To what‚ for what) Objective There are no proper procedures for authorisation. Purchase requisition does not need to be approved by authorised personnel. This may results to unauthorised and invalid company purchases i.e. for personal
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Electronic Retail Payment Systems: User Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004)
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Local Studies Mobile Restaurants or simply street food is ready-to-eat food or drink sold in a street or other public place‚ such as a market or fair‚ by a hawker or vendor‚ often from a portable stall. While some street foods are regional‚ many are not‚ having spread beyond their region of origin. Most street foods are also classed as both finger food and fast food‚ and are cheaper on average than restaurant meals. According to a 2007 study from the Food and Agriculture Organization‚ 2.5 billion
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participation of the citizens in the political process which constitutes the hallmark of any democratic practice. As noted by Hague and Harrop (1987:141-142)‚ party competition is the hallmark of liberal democracy because it is the device which makes governments responsive to the electorates by providing voters with some choice while simultaneously restricting that choice to a few broad alternatives. In other words‚ the greater the number of parties and / or the latitude of freedom‚ the more democratic
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resources with the objective of maintaining and increasing shareholder value and the satisfaction of other stake holders while attaining the corporate mission. Economic Commission for Africa (ECA) report(2005) refers corporate governance as the mechanisms through which private or state-owned corporations and their management are governed‚ and that it provides a structure through which the objectives and the performance of a corporation are determined and monitored.
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an imitator entrepreneur who does not innovate but imitates technologies innovated by others. Are very important in developing economies. • 1975: Albert Shapero: Entrepreneurs take initiative‚ accept risk of failure and have an internal locus of control. • 1975: Howard Stevenson: Entrepreneurship is "the pursuit of opportunity without regard to resources currently controlled." • 1983: G. Pinchot: Intrapreneur is an entrepreneur within an already
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thwarted by the land use act as the interest of a majority of the people have been hijacked by a few powerful individual who now control land and land resources in collaboration with multinational companies. In most part of southern Nigeria‚ particularly the Niger Delta region‚ the administration of Landwas carried out under the customary tenure. At this point of time Nigeria was under military dictatorship.Following are a couple of the drawbacks of the Act: 1)Power of Governor to revoke rights
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A project audit provides an opportunity to uncover the issues‚ concerns and challenges encountered in the execution of a project. It affords the project manager‚ project sponsor and project team an interim view of what has gone well and what needs to be improved with the project to successfully complete it. If done at the close of a project‚ a project audit can be used to develop success criteria for future projects by providing a forensic review. This review will provide an opportunity to learn
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demand in the foreign exchange market. Consequently‚ trade flows and capital flows are the main factors affecting the exchange rate. Pure free floating exchange rates are rare - most governments at one time or another seek to manage the value of their currency through changes in interest rates and other means of controls. Pegged exchange rate: A pegged exchange rate system is a hybrid of fixed and floating exchange rate regimes. Typically‚ with a pegged exchange rate‚ an initial target exchange rate
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Executive summary: This assignment is done to provide the user information on Brand Audit of GrameenPhone Ltd‚ the telecommunication company in Bangladesh. Telecommunication has been a booming industry during the last two decades. Gradually this industry is matching towards market saturation. So‚ brand audit is also become very important and complex as well. The four major players GP‚ Banglalink‚ Robi‚ and Airtel by name are implementing same unique and confidential branding strategies to grasp
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