farming or husbandry) is the cultivation of animals‚ plants‚ fungi and other life forms for food‚ fiber‚ and other products used to sustain life. Agricultural plays a crucial role in the economy of Nigeria. Nigeria‚ one of Africa’s most populous countries‚ has a highly diversified agro-ecological condition‚ which makes the production of a wide range of agricultural products possible. Agriculture is one of the most potentially viable sectors of the Nigerian economy‚ particularly in terms of its employment
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DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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of caution and an over reliance on stability and control. Key words: Organizational culture- Leadership styles-Higher education 1.Introduction An examination of the literature in the fields of organizational culture and leadership finds that the two areas have been independently linked to organizational performance. For example‚ researchers have examined the links between
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large firms have over smaller firms and vice-versa‚ in the pursuit of entrepreneurial activity. As an enterprise can be defined as private business‚ it can thus be separated into two main categories which are small firms and large firms. Within many countries and many industries there are normally a large number of small firms and a smaller number of large firms as can be seen in the United Kingdom where there are only a few thousand large firms and over 4 500 000 small to medium sized firms according
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marketing in the firm I. Introduction to globalization Globalization: reflects the trend of firms buying‚ developing producing and selling products and service in most countries and regions of the world. Benefits for the firm which do an international expansion: New and potentially more profitable markets Increase the firm’s competitiveness Facilitates access to new product ideas‚ manufacturing innovations and the latest technology Internalization: doing business in many country of the world
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Firm Reputation and Horizontal Integration∗ Hongbin Cai† Ichiro Obara‡ March 14‚ 2008. Abstract We study effects of horizontal integration on firm reputation. In an environment where customers observe only imperfect signals about firms’ effort/quality choices‚ firms cannot maintain good reputation and earn quality premium forever. Even when firms choose high quality‚ there is always a possibility that a bad signal is observed. Thus‚ firms must give up their quality premium‚ at least temporarily
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Corporate Social Responsibility Practices in Firms and Corporate Image Abstract Corporate Social responsibility is one of the ways for firms to show that they care about their environment‚ employees and customers. Why is this important for companies to show that they care about their environment? Competition is fierce in the telecommunication market having companies like ‘Alice’ an American telecommunication company that entered the German market providing telecommunication services like Internet
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Management and Strategy Essay Notes INDUSTRIAL ORGANIZATION‚ CORPORATE STRATEGY AND STRUCTURE  Top managers perceptions of the market structure and firms strengths and weaknesses determine their choice of corporate strategy and organisational structure  Both corporate strategy and organisational structure influence the economic performance of the firm and the market in which it sells  One of the main goals for strategy implementation is to achieve synergy between functions
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Managerial theories of the firm Managerial theories of the firm place emphasis on various incentive mechanisms in explaining the behaviour of managers and the implications of this conduct for their companies and the wider economy. According to traditional theories‚ the firm is controlled by its owners and thus wishes to maximise short run profits. The more contemporary managerial theories of the firm examine the possibility that the firm is controlled not by its owners‚ but by its managers‚ and
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What do you feel are the legal and economic issues facing law firms currently? The current‚ prolonged economic downturn has caused considerable issues for law firms‚ and has seen 11‚000 facing collapse. This is due to a “perfect storm” of legal aid cuts and the unwillingness of banks to provide loans. Putting into perspective the detrimental effects of a fragile economy‚ the SRA‚ (Solicitors Regulatory Authority) has placed 160 firms under intensive supervision‚ owing to concern surrounding their
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