Nigerian brewery industry is a major player in the Nigerian Economy with annual sales exceeding =N=200billion. However‚ Competition in the Nigerian beer market is getting fiercer as environmental and economic conditions affect the disposable income of the consumer. Growths in this industry in recent times have been achieved through innovation‚ market share increase and exploration of new frontiers through exports. With so few options for growth‚ companies that operate in the industry are under considerable
Premium Beer Nigeria Brewing
The Impact of Customer Relationship Management Implementation on the UK Commercial Banking Industry 1. Introduction: The impact of customer relationship management (CRM) implementation on firm performance is an issue of considerable debate. This study proposes to examine the impact of the implementation of CRM on two functions of firm performance – cost efficiency and the ability of firms to generate profit – profit efficiency – using a large sample of UK commercial banks. The cost and profit
Premium Customer relationship management Bank Marketing
Effects of Barings Collapse on the Banking Industry The uncovered loss of GBP 830 million led to a liquidity crisis for the Barings Bank ‚ the collapse of the bank‚ which shocked all people‚ not only the financial world. Over the weekend of February 25 and 26‚ the management of Barings tried to arrange for a bailout by the Bank of England. Several investment banks gathered to discuss the possibility of raising enough private money to recapitalize Barings before the Tokyo market reopened on Monday
Premium Bank Derivative Financial markets
The healthiness of the economy is directly connected to the soundness of its banking system. The role of banks has placed them as a very valuable partner in the process of economic development. Nowadays‚ banks are very useful for the utilization of the assets of a nation. If there would be no banks then a large segment of assets in the country would stay idle. It is possible to attaining long-term success in the banking sector by providing excellent customer service. It is an effective strategy
Premium Bank
monitoring and control process performance is important‚ that is‚ control of Information Technology projects involves the use of appropriate management frameworks/methodologies and planning tools. In this report‚ we are going to look at the various ways of we can monitor and manage I.T projects‚ evaluating some management frameworks/methodologies and planning tools used with critical analysis on their functions‚ benefits as well as their weaknesses. MONITORING AND CONTROL Project monitoring
Premium Project management
Ihekweaba Gozie Department of Computer Engineering Michael Okpara University of Agriculture‚ Umudike‚ Umuahia‚ Abia State‚ Nigeria Opara‚ F.K. Department of Electrical/Electronics Engineering Federal University of Technology‚ Owerri‚ Imo State‚ Nigeria Abstract: There is an urgent need for improving security in banking region. With the birth of the Automatic Teller Machines‚ banking became a lot easier though with its own troubles of insecurity. Due to tremendous increase in the number of criminals
Premium Facial recognition system Automated teller machine Biometrics
Control and organizational learning in MNCs: an analysis through the subsidiaries Abstract : For any large complex organization the problem of ensuring its constituent activity in accordance with overall policy and‚ at the same time adapt to its environment‚ is a central and continuing concern. Thus‚ the fundamental question which must be answered is ‘what control mechanism can facilitate the adaptation process in the local market?’ In multinational corporations (MNCs)‚ the control mechanism
Premium Management Learning Organization
THE RELEVANCE OF MARKETING IN POST-CONSOLIDATION BANKING IN NIGERIA: AN ILLUSTRATIVE APPROACH BY AMINU‚ S. A.‚ A LECTURER IN THE DEPARTMENT OF MARKETING‚ LAGOS STATE POLYTECHNIC‚ ISOLO CAMPUS asabiod2001@yahoo.com Abstract The purpose of this article is to assess the relevance of marketing in post-consolidation banking in Nigeria. The study highlighted the fact that prior to the consolidations in 2004‚ majority of the banks paid little or no attention to marketing. However‚ with successful
Premium Marketing
Forensic Accounting in New Zealand: Exploring the gap between education and practice. Jennette Boys Auckland University of Technology‚ New Zealand Abstract ‘Accounting practice has always been concerned with fraud’ (Lehman & Okcabol‚ 2005) The global business environment is rapidly changing and this has resulted in evolutionary changes in the skills accountants need to meet the requirements of their clients so they can continue to add value to their businesses
Premium Accountant Fraud Accountancy
Internal control can be described as any action taken by an organization to help enhance the likelihood that the objectives of the organization will be achieved. The definition of internal control has evolved over recent years as different internal control models have been developed. This article will describe these models‚ present the definitions of internal control they provide‚ and indicate the components of internal control. Various parties responsible for and affected by internal control will
Premium Auditing Internal control Audit