Theories of Growth of Small Enterprises Various theoretical models have been developed which describe the growth of small businesses. One class of theoretical models focus on the learning process‚ either active or passive‚ and the other models refer to the stochastic and deterministic approaches. In the passive learning model (Jovanic 1982 cited in Liedholm 2001)‚ a firm enters a market without knowing its own potential growth. Only after entry does the firm start to learn about the distribution
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SMALL SCALE PRODUCTION OF YOGURT Yogurt is a sour milk product. Its sour taste is attributed to the presence of lactic acid yielded by bacteria through fermentation. Bacteria that are commonly used in yoghurt production are Streptococcus thermophilus and Lactobacillus bulgaricus. These bacteria have the ability to break down sugars in the milk producing lactate or lactic acid as by-product. Below is a step-by-step procedure in the production of yogurt. Find out from the procedure why
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Adit Pame Professor Hany Babu MA English‚ Semester III 12th November‚ 2014 Language Conflict in Nagaland Nagaland‚ the smallest hilly state in India lies in the North Eastern part of India. It belongs to the Himalayan region which consists of Meghalaya‚ Arunachal Pradesh‚ Assam‚ Manipur‚ Mizoram‚ Tripura‚ Himachal Pradesh and hills of Uttar Pradesh. The people of Nagaland commonly known as “Nagas” are sub-divided into several tribes chiefly dominated by the way they speak and also the culture which
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towards industrial development. 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
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Chapter 1 The Problem and Its Settings This chapter presents the background of the research. In here includes the statement of the problem‚ objectives‚ importance‚ scope and limitation and the definition of terms of the study. Introduction Bakery operations need a very good maintenance management system for efficient running of plant. Maintenance activity needs regular monitoring and records to evaluate problems and their solution. Bakery maintenance has its own features which need attention
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TABLE OF CONTENTS Pages 1. Execute Summary............................................................................. 1-3 2. Organization & Management structure........................................... 4 3. Operational Plan ............................................................................. 5 4. Market Plan..................................................................................... 6-11 5. Financial Structure.............
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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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in trade barriers and advances in information and transportation technologies. As a result‚ small firms can now participate in international trade right from inception. Another facet of globalization is globalization of production. Companies can locate production facilities in countries where labor and other production inputs are cheaper. The end result is that globalization presents new threats for small companies in Africa in the form of increased competition from foreign entrants. Locally manufactured
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The Genesis of Nagaland State: For nearly a century‚ the British India government administered the Naga Hills as a part of Assam province. Beginning from 1886‚ the Naga Hills remained as a cultural museum‚ under the British suzerainty till 1947. After India’s independence in 1947‚ it remained as a district in Assam till December 1957. The erstwhile Naga Hills of Assam and the erstwhile Tuensang Frontier Division of the North East Frontier Administration (NEFA) were brought together for the first
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the most efficient manner has continue to be the only viable and alternative for development of small scale enterprises in Nigeria and for the development‚ growth and survival of any economy. The development of small scale enterprises not only contributes significantly to imposed standard‚ they also bring substantial local capital formation and achieve high level of productivity. Small and medium scales are crucial to the development of all economies of the world. They are the modern day’s incubators
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