SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA: THE PROBLEMS AND PROSPECTS. By Abiodun Fatai1 Department of Political Science‚ Faculty of Social Sciences Lagos State University‚ Ojo‚ Lagos Nigeria. ABSTRACT Small and medium scale enterprises have long believed to be catalysts for economic growth and national development both in developed and developing countries. In Nigeria where private sector is not well developed SME is assumed to play the role of employment generation‚ facilitator of economic
Premium Millennium Development Goals Development International development
dynamic role of small scale business in developing countries has long been recognized (Kayanula and Quartey‚ 2000). These small scale businesses can serve as engines through which the economic growth and employment objectives of developing countries can be achieved. However‚ for many years these rural enterprises have failed to grow beyond their micro enterprise nature and sometimes at best their small or medium size (Kayanula and Quartey‚ 2000). It is believed that private small scale businesses have
Premium Business Poverty Small business
observed in the performance management system of the company that we have visited and studied( Aarush Metal castings limited). Our company is a medium scale enterprise catering to the requirements of its sister concern by providing it with pre machined parts in accordance with customer specification. Some of the key success factors of our company are low cost‚ higher quality and on-time delivery. Some of the problems that we have observed regarding the performance management system are usage of metrics
Premium Performance management Management Measurement
important role of effective operations and quality management systems in determining the organizational success and effectiveness. We’ll also see how these two systems helps an organization to achieve their strategic objectives and goals. This report will also pave the light on the effectiveness of operations management and quality systems management with respect to a relevant quality change in an organization‚ in fair details. Introduction: Operations management is very importance in managing every
Premium Quality management Quality management system Management
INDUSTRIES LARGE-SCALE AND SMALL-SCALE The following pages describe the industrial life and activity of the district. The chapter is divided into three sections: (1) Large-Scale Industries‚ (2) Small-Scale Industries and (3) Labour Organization. It is‚ however‚ to be noted that the statistics given in the section on large-scale industries which include employment and such other aspects as capital investment‚ production etc. are included‚ are not in respect of the industry as a whole but pertain
Premium Capital accumulation Factory Working capital
Quality & Risk Management in Construction Industry Temitayo Lewis University of Maryland University College PMAN 639 Dr. Eva B. Cruz Morel Date: 11/28/2010 University of Maryland University College Executive Summary………………………………………………………………………...3 Introduction………………………………………………………………………………...4 Quality Management and Overview…………………………………………...………….. 5 Quality Assurance…………………………………………………………………..7 Quality Control……………………………………………………………………..7 Total Quality Management………………………………………………………………...8
Premium Project management Risk management Quality management
Task 1 Now being marketing executive and with reference of the above case of McDonald’s‚ discuss the concept of marketing for a service industry (such as Restaurant or Hotel) with relevant examples and also mention its characteristics. (1.1) M1 1.1 Marketing Marketing is the process to find out the needs‚ wants and the customers’ demands so that the customers will be satisfied after using that product. The process of discovering and translating consumer needs and wants into product and service specification
Premium Marketing
Building Quality Management through QMS - ISO 9001:2008 at PT. Filamendo Sakti Polymerization and Spinning Process of Nylon 6 Tire Cord Yarn prepared by : S. Anbanathan‚ SSi‚ CQM‚ LA 11/327570/PEK/16981 This working paper is prepared to satisfy one of the requirements for fulfilling the study of Operation Management‚ focus in Quality Management System of ISO – 9001 : 2008 Magister Management Faculty of Economics and Business University of Gadjah Mada 2012 Table of Content
Premium Management Quality management Process management
Edexcel Level 7 Extended Diploma in Strategic Management and Leadership Assignment Summary: Qualification Unit number and title Pearson BTEC Level 7 Extended Diploma in Strategic Management and Leadership Unit 11: Strategic Quality and Systems Management Student name Assessor name Charles Barfi Date issued Completion date Submitted on Re-Assessment 18th May 2015 8th June 2015 8th June 2015 Learning Outcome Learning outcome Assessment Criteria In this assessment you will have the opportunity
Premium Management
Quality Management Systems Q1. Is quality is a Philosophy? Explain A. The concept of quality is at the very centre of many ideas and practices of effective management and leadership‚ and programs like Total Quality Management and Six Sigma have been at the sole reason for the success of many companies. Companies and Management professionals now know that quality needs to be built into every level of a company‚ and it needs to be a part of everything the organization does. From answering
Premium W. Edwards Deming Quality Control chart