The Significance of Information Technology
THE SIGNIFICANCE OF INFORMATION TECHNOLOGY IN THE BUSINESS OF NIGERIA CHEMICAL CORPORATION
BY
OCHALA YUSUF OJIH
MAT. NO:
PGSS/ UJ/00442/07
BEING AN ASSIGNMENT
ON
MBA 505 (ICT MANAGEMENET)
SUBMITTED TO
MR. OKI, E.U.(MBA)
DEPARTMENT OF MANAGEMENT SCIENCES
UNIVERSITY OF JOS
FEBRUARY 2009
INTRODUCTION Since the start of the 21st century, there has been an emphasis economic reform in Africa, which makes regional economies more attractive to foreign investors: Over the past six years in Nigeria, for instance, the government has pursued a policy of trade liberalization, which makes the operating environment for businesses less rigid and friendlier to foreign investors; as a result, many opportunities for global business operators have been created in Nigeria The current wave of globalization has been driven by policies that have opened economies domestically and internationally. Taking advantage of new opportunities in these markets, corporations have built foreign factories and established production and marketing agreements with foreign partners. Success as a global business operator no longer depend on size but on factors such as being able to discern and take advantage of available opportunities building up a thorough understanding the business and socio- cultural environment and familiarity with local business rules regulations and conventions. This assignment looks at them impact of business alliance, agile or hyper competition, Business process re-engineering, globalization, strategic competitive advantage and support managerial decision making on the business of Nigeria chemical corporation.
BUSINESS ALLIANCE Business alliance refers to cooperative agreements between potential or actual competitors. Business alliance runs the range from formal joint ventures, in which two or more firms have equity stakes, to short term contractual agreements in which two or more firms agree to cooperate on a particular task
BY
OCHALA YUSUF OJIH
MAT. NO:
PGSS/ UJ/00442/07
BEING AN ASSIGNMENT
ON
MBA 505 (ICT MANAGEMENET)
SUBMITTED TO
MR. OKI, E.U.(MBA)
DEPARTMENT OF MANAGEMENT SCIENCES
UNIVERSITY OF JOS
FEBRUARY 2009
INTRODUCTION Since the start of the 21st century, there has been an emphasis economic reform in Africa, which makes regional economies more attractive to foreign investors: Over the past six years in Nigeria, for instance, the government has pursued a policy of trade liberalization, which makes the operating environment for businesses less rigid and friendlier to foreign investors; as a result, many opportunities for global business operators have been created in Nigeria The current wave of globalization has been driven by policies that have opened economies domestically and internationally. Taking advantage of new opportunities in these markets, corporations have built foreign factories and established production and marketing agreements with foreign partners. Success as a global business operator no longer depend on size but on factors such as being able to discern and take advantage of available opportunities building up a thorough understanding the business and socio- cultural environment and familiarity with local business rules regulations and conventions. This assignment looks at them impact of business alliance, agile or hyper competition, Business process re-engineering, globalization, strategic competitive advantage and support managerial decision making on the business of Nigeria chemical corporation.
BUSINESS ALLIANCE Business alliance refers to cooperative agreements between potential or actual competitors. Business alliance runs the range from formal joint ventures, in which two or more firms have equity stakes, to short term contractual agreements in which two or more firms agree to cooperate on a particular task
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