THE ROLE OF SMALL SCALE INDUSTRY IN NATIONAL DEVELOPMENT IN NIGERIA Ayozie Daniel Ogechukwu‚ Delta State University‚ Abraka‚ Delta State‚ Nigeria‚ The Federal Polytechnic‚ Ogun State‚ Nigeria Abstract A business whether small or big‚ simple of complex‚ private or public is created to provide competitive prices. Business in Nigeria has been classified as small‚ medium and large. In both the developed and developing countries‚ the government is turning to small and medium scale industries‚ as a means
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Financing small scale business enterprises CHAPTER ONE 1.0 INTRODUCTION 1.1 BACK GROUND OF THE STUDY Over the years‚ it has become fashionable for successive government to come up with one economic policy or the other in a bid to bring about improvement in the nation during her regime. The then military administrator in the year 1986 while in power introduced an economic program called Structural Adjustment Programme (SAP) which was foisted on Nigerians as an alternative to IMF/World Bank
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Information technology: a growth navigator for small scale industries in India Small scale industries (SSI) have a significant role in the Indian economy in view of its contribution to production‚ employment‚ and export. However‚ since 1991 small scale industries in India find themselves in an intensely competitive environment due to globalization‚ domestic economic liberalization‚ and dilution of sector specific protective measures. The formation of World Trade Organization in 1995 also forced the
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P3 - Explain how to plan a small scale health education campaign relevant to local or national strategies. We first started doing our health campaign on smoking and aimed it on people that were 16 years old and pregnant women. Smoking causes health problems such as several types of cancer which have been broadcasted through advertising and several other campaigns warning people about the repercussions of smoking. There have been many national health strategies to help promote the negative impact
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In chapter 15‚ as the world became flat‚ some parts of the world remained unflat because they could not participate in the flattening process. The unflat world consisted of developing nations while the flat world consisted of developed nations. Since the unflat world could not participate‚ it has kept them unadvanced‚ stagnant‚ and deprived. Rural Africa‚ China‚ India‚ and Latin America were left behind because their nations were plagued with diseases due to their broken government system being unable
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SMALL SCALE & COTTAGE INDUSTRIES (Their role‚ problems & prospects in India) (AN OVERVIEW) Small scale industries Definition The definition of small scale industries have changed from time to time. Earlier they were classified under two categories: * Using power with less than 50 employees. * Using no power‚ but strength of employees is more than 50‚ less than 100. However according to the latest definition a industry is said to be a small scale industry
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PROJECT TOPIC : SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT IN NIGERIA (A Case Study of Cassava Processing Industry) PROJECT PROPOSAL BACKGROUND TO THE STUDY Interest in the development of small and medium-sized enterprises (SMEs) and their contribution in the development process continue to be in the forefront of policy debates in developing countries. The advantages claimed for SMEs are various‚ including: the encouragement of entrepreneurship; the greater likelihood that SMEs will utilise
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As the case mentioned‚ Ducati was experiencing a financial crisis before 1996. Just right before Ducati’s bankruptcy‚ Texas Pacific Group took over the company and appointed Minoli as the leader for the new management team. Despite having high tech motorcycles‚ Ducati suffered from lack of high quality reputation due to poor management and inefficient production. Under Minoli’s management‚ he successfully established Ducati’s core logic as a sports bike leading brand‚ and set company’s core goals
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The path of small entrepreneurs is not rosy. Small entrepreneurs face the following types of problems: (1) Problem of raw materials: A major problem that the small entrepreneurs face is the procurement of raw materials. They have to confront with numerous problems like; i. Availability of inadequate quantity ii. Poor quality of materials iii. High cost of raw materials etc All these factors adversely affect the proper functioning of small units. (2) Problem of finance: Finance
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Issues/Challenges Today‚ Ducati is one of the most successful motorcycle companies in the world with adramatic profit growth since 1996. Before its huge success‚ Ducati was one step away fromfacing bankruptcy. Ducati managed to overcome such an obstacle through strong innovation andculture. Today‚ Ducati is faced with another challenge that may bring fortune to the company if successfully managed. Ducati set a new goal‚ which is to sustain the explosive double-digit profitgrowth in the next decade
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