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
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The Role of Informal Sector Employment in Poverty Alleviation: The Case of Hawassa City‚ Ethiopia Abstract: <p>Informal sector plays an important role in urban poverty alleviation through creating jobs and reducing unemployment. It serves as a breeding ground for new entrepreneurs‚ and contributes for the reduction of urban crime and violence. This study is aimed at assessing the role of informal sector in solving unemployment and alleviating poverty. Primary data are gathered from a sample
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1. What are the four elements of a valid contract? A contract is an "agreement between parties‚ with terms and conditions that describe the agreement that constitutes a legal obligation" (All Business). A valid contract requires four elements and these are: a. Mutual agreement there must be a meeting of the minds between parties. There should be an offer and an acceptance. There should be an agreement to enter into the contract b. Consideration - meaning that "every party is conferring a
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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
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Ethiopia is located on the eastern horn of Africa bordering Sudan‚ and Kenya. According to their Gross National Income (GNI)‚ Ethiopia is ranked the tenth poorest third world country. Ethiopia’s major cities are comprised of Addis Ababa the capital‚ Dire Dawa‚ Harar‚ and Dessie. Ethiopia is the oldest independent country in Africa and one of the oldest in the world. Unlike most countries in African’s history‚ Ethiopia has never been colonized‚ except for during the Italian occupation in 1936-1941
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Business Studies Controlled Assessment My small business introduction A brief description of my small business. My small business is a local business that is located near its potential customers on Nags Head Road‚ Enfield. This small business is a small off lenience that it is a sole trader however it does have two employees working for him regularly. A small selection of the products/services are that it provides for its customers if things like bread‚ sweets‚ drink‚ alcohol and a key meter
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essay discusses the concepts of small business and entrepreneurship and relationship between them. We will try to define and explain the terms ?owner-manager? and entrepreneur‚ in other words who operate a small business enterprises. We also will examine the similarities and differences of these terms. From the outset it needs to be emphasized that while we will talk about the small business and entrepreneurship‚ these terms need to be defined. For small business there is still no single definition
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Charles Barkley 14 December Starting your own small business INTRODUCTION A decision is a free choice between alternatives‚ and it is made by a person or group who in fact has the authority to make such choice. This seems quite simple; and in the case of a single individual acting independently of others‚ there would be little need of pursuing the inquiry further. An individual‚ for example‚ makes a decision to establish his own business instead of remaining as a salaried employee; he conceives
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Strategic planning determines where an organization is going over the next year or more‚ how it ’s going to get there and how it ’ll know if it got there or not. The focus of a strategic plan is usually on the entire organization‚ while the focus of a business plan is usually on a particular product‚ service or program. There are a variety of perspectives‚ models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization ’s leadership
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Banking Sector Reform in Ethiopia: An Abstract Admassu Bezabeh‚ Ph.D‚ School of Business and Leadership‚ Dominican University of California San Rafael‚ California Desta‚ Asayehgn‚ Ph.D. School of Business and Leadership ‚ Dominican University of California‚ San Rafael‚ California. The fragile and inefficient state-dominated banking sector that existed in Ethiopia during the military government (1974-1991) was a major hindrance to economic growth. Since it took power in 1991‚ the current government
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