The initial efforts were government-led through the vehicle of large industry‚ but lately‚ emphasis has shifted to Small and Medium Scale Enterprises (SMEs) following the lessons learnt from the success of SMEs in the economic growth of Asian countries (Ojo‚ 2003). Thus‚ the recent industrial development drive in Nigeria has focused on sustainable development through small business development. Prior to this time‚ particularly judging from the objectives of the past National Development Plans‚ 1962-68
Premium Microfinance
CHAPTER ONE 1.0 INTRODUCTION Historical development and orientation of small-scale industry in Nigeria‚ small-scale industry orientation is part and parcel of Nigeria evidence bound in our respective communities of what successes our great grandparent made at their respective trading concerns like yam‚ beans‚ iron smelting‚ farming‚ cottage industries and the likes so. The secret behind the their success at self-relent strategy does not like in any particular political philosophy‚ so much as in
Premium Small business
1 INTRODUCTION A small-scale business is a business that is privately owned and operated‚ with a small number of employees and relatively low volume of sales. In addition to number of employees‚ other methods used to classify small companies include annual sales (turnover)‚ value of assets and net profit (balance sheet)‚ alone or in a mixed definition. The smallest businesses‚ often located in private homes‚ are called micro businesses (term used by international organizations such as the World
Premium Small business Business
of East London Royal Docks Business School HR 3010 Research in Business and Management Assignment Two Semester A 2013/ 2014 SMALL- SCALE RESEARCH What factors are important to UEL undergraduates to help them to learn effectively on their courses? Prepared by: Zeon Cheong Sze Keat U1329 578 Table of Contents 1. Introduction The ultimate goal of this research paper was to identify the factors to UEL undergraduates to help them learn effectively on their courses
Premium Research Educational psychology Kinesthetic learning
SMALL SCALE INDUSTRY INTRODUCTION The definition for small-scale industrial undertakings has changed over time. Initially they were classified into two categories- those using power with less than 50 employees and those not using power with the employee strength being more than 50 but less than 100. However the capital resources invested on plant and machinery buildings have been the primary criteria to differentiate the small-scale industries from the large and medium scale industries. An
Premium Industry Venture capital Finance
Definition of small scale industry INTRODUCTION � An organization can be classified as a small business using criteria of employees ‚annual sales or total assets .small industry any independently owned and operated profit seeking enterprise that has a fewer than 500 employees .small industry may be little in size ‚but they have little impact on the world economy . in india ‚small and medium industy play a vital role in the growth of economy . Small industry have a 40 percent of share in
Premium Globalization Industry
Micro‚ small‚ medium enterprises defined Micro‚ small‚ and medium enterprises (MSMEs) are defined as any business activity/enterprise engaged in industry‚ agri-business/services‚ whether single proprietorship‚ cooperative‚ partnership‚ or corporation. MSMEs have value falling under the following categories: By Asset*: MICRO: Up to P3‚000‚000 SMALL: P3‚000‚001 to P15‚000‚000 MEDIUM P5‚000‚001 to 100‚000‚000 LARGE: Above 100‚000‚00 This table shows that in a small business it should
Premium Small business Stock exchange Business
THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS By Gebremeskel H. Gebremariam1 Tesfa G. Gebremedhin‚ and Randall W. Jackson RESEARCH PAPER 2004-10 ABSTRACT: The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A strong
Premium Economics Business Economic growth
Project on Management of Small Scale Industries & Public Relations Management. SSI visited:- Nova Cosmetics Pvt. Ltd. Kevin Enterprises Pvt. Ltd. Introduction To Small Scale Industries. Small-scale industries are the backbone of the Indian industrial structure. They provide a variety of non-traditional low technology product. They are also engaged in the processing‚ preserving manufacturing and servicing activities. small-scale industries (SSIs) constitute an
Premium Public relations Industry
THE NIGERIAN HOME VIDEO INDUSTRY: A SURVEY OF THE ACTIVITIES OF VIDEO RENTALS AND THE COPYRIGHT LAW PRESENTED BY ABDULRAHMAN MALIK AT THE WEEKLY SEMINAR ORGANIZED BY THE PERFORMING AND VISUAL ARTS DEPARTMENT‚ KWARA STATE UNIVERSITY MALETE MARCH‚ 2013 ABSTRACT The Nigerian entertainment industry‚ particularly the movie sector has been battling with the problem of copyright infringement in the last two decades or more. In spite the legal framework put in place‚ (i.e. copyright
Premium Film Filmmaking Film crew