2023-05-01 10:29
The motivation and influence to start a business must examine with a careful assessment of personal readiness for entrepreneurship or investment.Alexander (2010), offers that the motivation… Read More
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Feasibility Study & Business Plan Writers in Nigeria
2023-01-27 05:00
The monetarist believe in supremacy of money i.e. money answers all things and that money is the only regulatory instrument in any economy and it is also the believe of the monetarist that a… Read More
2023-01-25 05:00
According to Musgrave, Public Finance deals with the economics of Public Sector. This includes not only its financing but its entire bearing on the level of and allocation of resources as we… Read More
2023-01-23 05:00
The objective of this study session is to expose you to the introductory concepts in Public Finance and thereby ensuring that you are acquainted with the three theories of Public Finance nam… Read More
2023-01-21 05:00
In the preceding section, we provided an explanation of how the equilibrium level of national income is determined in the two-sector model of an economy in which the households and business… Read More
2023-01-19 05:00
In this article, you will learn the process and conditions of attaining equilibrium level of national income in a hypothetical economy without government intervention, with government interv… Read More
2023-01-17 15:12
In this article, you will learn about the concept of consumption function which is based on Keynes’ psychological law of consumption. In particular, you will learn the nature of the fu… Read More
2022-08-06 07:00
Personal income consists of wages, salaries, interest payments received, dividends (i.e. distributed trading surpluses) and the estimated value.of subsistence farming. It is the aggregate in… Read More
2022-08-04 06:00
In this study session, our primary focus is to present to you the conceptual definition of national income accounting as well as familiarize you with the notion of circular flow of income. T… Read More
2022-08-01 06:54
Macroeconomics focuses on the behavior of the economy as a whole i.e. the aggregate of economic activities. In order to study the overall performance of the economy, macroeconomics focuses o… Read More
2022-06-24 05:00
A database marketing is a systematic collection of relevant information about each customer/prospect. Database marketing can also be described as a technique where you use all the informatio… Read More
2022-06-22 09:46
You will learn the application of marketing to the political environment. The politicians are regarded as marketers who are interested in offering political programmes in terms of the social… Read More
2022-05-22 05:00
Exports are the goods which we send out of our own country to other countries e,g, most West African countries are purely agricultural and so exports are agricultural products such as Cocoa… Read More
2022-05-18 09:26
Information communication technology has turned the whole globe into a village. This is because you can buy or sell anything from any part of the globe. Involvement in international marketin… Read More
2022-05-05 07:00
There are steps in developing effective marketing communication, you learn this steps in this article. Communication scholars identified some factors that influence the effectiveness of comm… Read More
2022-05-04 07:18
You will agree with me that communication is very vital to human existence and inter-relationship. Ideas, information are exchanged for mutual benefits. Similarly, organizations need informa… Read More
2022-04-20 08:00
Adeleye described Public Relations (PR) as promotional activities usually undertaken with a view to communicate a favourable image of a product or its manufacturer. While Busch & Houston… Read More
2022-04-19 09:12
In this article, you will learn how an organization can create awareness about its products or services. Promotion strategy is also one of the four Ps of marketing. You will also learn a num… Read More
2022-04-05 06:00
It is time to consider the distribution channel as part of the marketing mix element. The position of place or distribution in any organisation is very critical to the success of the company… Read More
2022-04-04 07:00
Look around and you will see that everything has a value attached to it. If you move from one location to the other with a commercial vehicle, you pay a fare. If you go to a stadium to watch… Read More
2022-04-03 09:00
Etzel, Walker and Stanton define a label as part of a product that carries information about the product and the seller. It may be part of a package or a tag attached to the product Kotler s… Read More
2022-04-02 07:00
Take for instance, two of your friends present you a gift on your birthday. One just handed a wrist watch to you, while the other brought a wrist watch in fanciful case, wrapped with beautif… Read More
2022-04-01 08:00
The new product planning manager must now develop a marketing strategy plan for introducing this product into the market. This is a design that is based on the product concept. It covers des… Read More
2022-03-31 10:52
For how long do you think companies like Unilever Nig. Plc, Nestle Nigeria Plc and other companies have been in the market? What do you think is keeping them in the market? It is because the… Read More
2022-03-30 08:00
Industrial products and services are the products or services acquired for the purpose of using them for the production of other products. The same product can either be consumer or industri… Read More
2022-03-28 06:00
The modern organisation does not carry out its marketing programmes in an uncoordinated manner. It make efforts at all times to make an effective use of the tools at their disposal. Therefor… Read More
2022-03-26 07:00
One of the attributes of a free-market system is the right to use communication as a tool of influence. That freedom is reflected in promotional efforts by businesses to influence the feelin… Read More
2022-03-24 08:00
In this module, you will learn that marketing mix is the setting of the firm’s marketing decision variables at a particular point in time. It is also, a schematic plan to guide analysi… Read More
2022-03-22 06:00
Carter describes purchasing as the department which is concerned with the process of ascertaining the organisation’s material and service needs, selecting suppliers, agreeing on terms… Read More
2022-03-20 20:57
Whether you are an individual or corporate organization, there will always be the need buy or sell or both. Since a business organization is both a producer/provider and consumer, it is impo… Read More
2022-03-17 08:00
The consumer behaviour characteristics also known as consumer personal factors include lifestyle, age or the stage of the consumer in life cycle and the consumer’s personality. These a… Read More
2022-03-16 08:00
The concept of research – The concept of marketing research is better illustrated with this simple example: A woman cooking a pot of stew for the family wants to know whether the stew… Read More
2022-03-15 11:00
I’m this article, you’d learn that marketing is a key business function that majorly determines the street of organisation whether profit or non profit. For example, if you provi… Read More
2022-03-14 10:00
These are broad forces also known as macro environment which shape up opportunities and threats. No organization has control over its macro environment rather, it can only respond to the cha… Read More
2022-03-13 11:00
By now you must have know that marketing organizations operate within an environment. The organization is affected by the environment and the organization also affects the environment. Since… Read More
2022-03-12 09:35
The characteristics of the marketing concept orientation are: (i) Customer orientation (ii) Coordination of functional business activities and (iii) Benefit index (e.g. Profitability). The s… Read More
2022-03-11 11:00
Market: A market consists actual and potential buyers of a product. 1. Consumer market: This is the group of individuals who buys product for ultimate personal consumption or for family use… Read More
2022-03-10 15:40
You are welcome to marketing class. You probably have a place where you buy your household needs such as food stuff, clothing materials, electronics equipment and others. Such places are des… Read More
2022-02-24 07:58
IELTS Past Questions & Answers For 2022 PDF – Do you want to go study abroad? IELTS is one of the necessary tests that you must take; it has become one of the most popular English… Read More
2022-02-20 09:00
As a result of the problems highlighted in the above section, many Nigeria business enterprises, both in the public and private sectors, have failed partially or completely as earlier explai… Read More
2022-02-18 08:00
The majority of the problems facing the business enterprises in Nigeria irrespective of their nature, scope and the sector to which they belong have been highlighted as their disadvantages… Read More
2022-02-16 11:18
Nature of Business Enterprises A thorough study of business enterprises in Nigeria and elsewhere must be preceded by at least, a simple definition of the term “Business”. However… Read More
2022-01-30 08:00
The reasons for intensified competition in international markets are not far fetched. This is as a result of emergence of new competitors in the market and growth rate of the market than ant… Read More
2022-01-26 07:00
There are forces of three kinds of environments which International business must deal with in order to survive and these make it differs from domestic business. These environments are domes… Read More
2022-01-23 12:04
Multinational business is becoming so important and dominating business in environment which necessitates the business students and business men to have good knowledge of the scope and trust… Read More
2021-10-25 10:00
Business law encompasses a variety of laws affecting the rights and obligations of those persons and organisations who engage in business. The elements of business law that are most vital to… Read More
2021-10-24 10:00
Section 45 of the partnership Act, 1890 defined business as “every trade, occupation, or profession”. This definition covers all commercial and professional transactions. A busin… Read More
2021-10-23 20:45
The natural endowment varies from country to country. Some countries have some natural resources that make them rich and they can afford to do business with the excess of these natural resou… Read More
2021-10-23 09:00
The major issue is the degree of freedom that MNCs should have or the extent of regulating that should be imposed from their present operations and future growth. Three policy issues are esp… Read More
2021-10-22 08:00
(1) Employment Policy – Potential conflicts in employment policy may arise at numerous points, Foreign countries for example,, are often sensitive to lay-offs or retrenchments. For exa… Read More
2021-10-20 11:02
Ethics In Business Ethics is the study of moral obligation or separating right from wrong. It is important for managers to practice good business ethics as a way of enhancing corporate image… Read More
2021-08-12 22:00
It is not an overstatement to say that government and business are partners. One cannot be divorced from the other. In other words, there is no way individuals or group of people would discu… Read More
2021-08-11 20:39
Selection Selection is the process by which all candidates are divided into two groups, viz. those selected and those rejected. While the policies and practices in regard to selection will n… Read More
2021-08-10 06:00
All managers are, to some extent, personnel managers because they contribute to the effective utilisation of all resources at their disposal. Nevertheless, Obikoya observed that regardless o… Read More
2021-08-09 22:00
Marketing mix is the set of controllable marketing variables that the firm blends to produce the response it wants in the target market. It is a combination of marketing tools know as four P… Read More
2021-08-09 11:49
All business organizations perform certain basic functions namely: Production and marketing of goods, services, or ideas. Since it is practically impossible for people to provide all they ne… Read More
2021-06-22 22:00
Anoa viewed accounting from four angles. As an activity performed by accountants and their surrogates; as a system comprising several interrelated and inter-dependent parts; as a technique o… Read More
2021-06-22 08:00
The funds available for companies’ projects are limited in supply while there is an unlimited list of profitable projects open to firms. Companies like individual consumers must theref… Read More
2021-06-21 22:00
The sources of finance can generally be categorised on the basis of the provides of funds and the form of financing. Thus, sources of funds can, be internal and external, equity and debt, or… Read More
2021-06-21 08:06
In the management of a business certain factors are essential for success and survival apart from everything we have listed above. They include- (a) Time management (b) Community obligations… Read More
2021-06-20 08:00
Business could be described as a purposeful commercial or merchantile activity engaged in by an individual or group of people as a means of livelihood. People’s involvement in trade, a… Read More
2021-06-19 07:00
The Corporate form of ownership consists of an association of business persons who have invested their money in a profit making business and are known as stock holders. The association is a… Read More
2021-06-18 07:49
A business organisation as compared to any public service or charitable Organisation is aimed at producing goods and/or rendering services to the public, with the sole aim of making profit… Read More
2021-05-27 09:00
This is also called dispatch/delivery note. It is sent by the supplier of the goods along with the goods to the buyer for the purpose of identification of contracts, number of package, etc… Read More
2021-05-26 22:00
With both manual and computerized purchasing systems, the basic documents needed in purchasing are requisition, bill of materials, enquiry form, purchase order, forms, advice note, consignme… Read More
2021-05-26 10:00
When purchasing materials or other requirements for exportation, overseas buyer must take cognizance of the following: (a) Duties and Tariffs: He must be aware of both import and export duti… Read More
2021-05-25 22:00
Before the ship arrives the importer will usually have received the shipping document either from the exporter himself or through the agent, possibly a bank acting for him in the importer&rs&hell…Read More
2021-05-25 10:10
Concepts Of Importing And Exporting Of Commodities: Overseas or international trade consist of the phenomena of importing, exporting and entreport trade. Imports consist of goods and service… Read More
2021-05-07 22:00
In practice, the responsibility for invoice certification prior to payment may be assigned to a special section in the purchasing or stores department, or may be retained in the accounts dep… Read More
2021-05-07 07:00
The selection of the right supplier(s) to be given LPO will not only depend on price delivery, quantity and quality considerations. Other factors that will contribute to the operating effici… Read More
2021-05-06 10:38
The purchasing cycle is the sequence of events that has to be gone through before an item is finally delivered to stock. A purchasing department buys many different types of materials and se… Read More
2021-05-02 07:46
Buyers are always under pressure to consider the lowest price “the right price”, mainly because the amount of expenditure incurred on a purchase is immediately obvious to everyon… Read More
2021-05-01 22:04
Price may vary between suppliers at different times due to the following factors: (i) Quantity Consideration:- Some suppliers do offer an incentive to buyer (quantity discounts) so as to giv… Read More
2021-04-30 22:45
Specification can be aptly described as a list of the characteristics or requirements set out for the materials, components, process or resources that go into the making of a product. It can… Read More
2021-04-30 08:00
From the analysis above, it can be seen that determination of quality can be a complex problem with a variety of people making some contribution. It is important therefore, that the process… Read More
2021-04-29 22:00
The stock control system is responsible for the correct establishment of stock. When these levels are being established certain basic operational factors have to be considered and then refle… Read More
2021-04-29 07:00
The past several decades have witnesses marked and steadily increasing changes in management discipline. Numerous planning and control activities formerly performed in a routine manner by cl… Read More
2021-04-28 18:00
Purchasing Characteristics/objectives Purchasing objectives may be both general and specific. The overall purchasing task or the general objective is to obtain materials of the right quality… Read More
2021-04-28 02:55
Material needs of any organisation are many. Such material requirements are varied from organisations to organisations, and department to department Range and Variety of Material Requirement… Read More
2021-04-20 22:00
There are many ways by which a business organisation in Nigeria or elsewhere can cope with changes in its environment. However, these strategies may be grouped into two: “wait-and-see… Read More
2021-04-20 08:14
The main difficulty in the study of changes in business environment is that the environment itself is changing at ‘an increasing rate and towards increasing complexity. To promote or f… Read More
2021-04-19 22:01
Business environment in Nigeria and elsewhere may be classified differently depending on what interests the person making such a classification. One approach to such classification is to div… Read More
2021-04-19 08:00
The starting point of a project is to identify a business opportunity. This exists when a product or service for which there is adequate market is discovered. After conceiving the projects i… Read More
2021-04-18 22:00
The downward trends in the global economy and the high rate of unemployment in third world countries have led government of such countries to adopt different means of raising the standard of… Read More
2021-04-18 08:00
The policy documents covers three parts:- Part One: Professional Code of Conduct 1. All members must be performing professionally and analytically so that meaningful contributions can be mad… Read More
2021-04-17 08:00
The magnitude of duties and responsibilities involved in the purchasing function will depend upon the importance of purchasing in an organisation, its status within the organisation, the amo… Read More
2021-04-16 16:33
The practice of purchasing has been in place since man inhabited the planet earth. Purchasing during the dark ages, old stone age and the new stone age was in pristine, crude and barbaric fo… Read More
2021-04-14 22:11
Purchasing and supply is an important aspect of both human and national economic development. There is no organisation or human being, which directly or indirectly do not use materials, supp… Read More
2021-03-25 13:14
This Cattle Farming Business Plan / Feasibility study contains details on how to start Cattle farming in Nigeria and also detailed financial analysis. It is regularly updated and can be used… Read More
2021-03-16 10:49
Coconut oil production business in Nigeria is one of the profitable businesses to start moat especially which the growing population of the country and the recent happenings. There different… Read More
2021-03-10 09:55
This Coconut Chips Production Business Plan in Nigeria can be used for Bank Loans, Business Grants, Proposal writing, Business Concept Note, Competitions etc. Coconut chips Business can be a… Read More
2021-03-07 09:39
Cold Room business which can also be called Frozen Foods business is a profitable venture to start in Nigeria. There are lots of successful men and women who started this business a long tim… Read More
2021-03-03 23:03
Cleaning service business has grown to be one of the top paying businesses in Nigeria, gone are the days when people though this business were for just hungry people trying to make ends meet… Read More
2021-03-01 14:14
Cashew Nuts Processing business plan in Nigeria is available; it is regularly updated and can be used to for grants, bank loans, proposals etc. Also this article will help you with some impo… Read More
2021-02-26 19:00
Bridal shop / boutique business is no doubt one of the most sought after businesses in Nigeria. With rate at which people are getting married and procreating there is no doubt that Nigeria m… Read More
2021-02-24 03:13
Baby Store business plan in Nigeria is available here and its updated from time to time with current market values, it can be used for Bank loans, Grants, proposals etc Baby store is a place… Read More
2021-02-22 00:45
Watermelon farming business plan in Nigeria is available here and its regularly updated, it can be used for Bank loans, Grants, proposals etc. Watermelon to is one of the most consumed fruit… Read More
2021-02-19 14:18
Feed Mill is a lucrative business, if you have ever considered going into this line of business, then you are in the right page. In this article I would highlights facts about this business… Read More
2021-02-16 17:55
Taxi business is a very good business not just in Nigeria, if you are wondering on how to start this business then this article is for you. In this article we will highlights some important… Read More
2021-01-05 19:43
Ram farming business did not start today. This business has been in existence since the ancient times and its still relevant today. Ram farming is the rearing of Ram for meat consumption, mi… Read More
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