EVALUATING THE GROWTH CHALLENGES OF INDIGENOUS COMPANIES IN NIGERIA

Type: Project Materials | Format: Ms Word | Attribute: Documentation Only | Pages: 75 Pages | Chapters: 1-5 chapters | Price: ₦ 3,000.00

680 marked this research material reliable.
Call or whatsapp: +2347063298784 or email: info@allprojectmaterials.com
EVALUATING THE GROWTH CHALLENGES OF INDIGENOUS COMPANIES IN NIGERIA

CHAPTER ONE
INTRODUCTION

BACKGROUND OF THE STUDY

One of the major economic backwardness of the most third world countries like Nigeria is the over prolonged sojourn of private foreign divestment in them.    The predatory exploitative orientation and activities of foreign monopoly capital, it inherent tendency to resist and hamper local industrialization and to perpetuate merchant capitalism and its determination and deliberate efforts to retard the growth of endogamous entrepreneurship all this have heavily influenced Nigeria economic history for well over a century. 
This foreign dominance of commercial activities in Nigeria was made possible by restrictive practices employed by the established merchant firms.  It is important to note that commercial banking is a major source of credit (capital) was solely owned and controlled by foreign elements.   Their policies were made towards satisfying the needs of foreign enterprise, indigenous entrepreneurs merely subjected on the crumbs that fell on the gable.  
(Ezeigwe .J. O) Nigerian government in the 1950s operated mainly an open door policy which attempted to live foreign investors into the country. 
After the civil war, experiences showed that the issue of indigenous participation in the Nigerian economy once can be re-opened.   The dubious role played by foreign investors at various stages of the civil war and the acute shortage of essential commodities at the same period and the spirally inflationary trend that followed post war reconstruction and rehabilitation programs had contributed to inform the government that there was the necessity to allow the indigenes of Nigeria and government a hand in deciding their economic fortune.   The government was further persuaded by radical agitation of the politician s and the masses to do something about their economic difficulties. 
With these pressures and economic difficulties mounting higher and higher, the government decided to whittle down foreign dominance of the economy on 23rd February 1972, the military government promulgated the Nigeria enterprise promotion Decree No. 4 of 1977 popularly known as the indigenization decree the following were the objectives.

  • To create opportunity for our people
  • To raise the proportion of indigenous firms and ownership of the productive sectors of the economy.
  • To maximize local retention of profit
  • To involve more Nigerians in the management and decision making process of business enterprises.   All in an effort to enhance indigenous growth of Nigeria firms.

PROBLEMS STATEMENT

A number of problems have been identified as being responsible for the backwardness and retardation in the general growth of Nigeria indigenous firms the persistent set back in the growth of the indigenous firms have been assumed to center on the followings:  Inadequacy of capital, poor technological manpower deficiency, mass illiteracy, management incapability and marketing in competency (National and internationally) etc there are many more that form the cove problems of the growth of our indigenous firms.  
It is the intention of the researcher therefore to take a critical examination of the internal and external factors affecting the growth of our indigenous firms. 
There is a general contention that the rate of growth of our indigenous firms, especially since the pushing aside of the aliens, has been slow.   This statement in the growth of indigenous firms in Nigeria, problems and prospects will be investigated and possible recommendation given as to the solutions.

OBJECTIVES OF THE STUDY 
The main aim of the study is to evaluate the challenges associated with the growth rate of indigenous companies in Nigeria. The specific objectives of the study are: 
1)      To identify the growth challenges being faced by indigenous firms in Nigeria.
2)      To render possible solutions to the challenges for use by the indigenous company managers in Nigeria. 
3)      To examine the contributions of some government establishments and the activities of their officers in terms of investment, capital formation and cost control.

RESEARCH QUESTIONS

  • What are the growth challenges faced by indigenous companies in Nigeria?
  • How can the growth challenges facing indigenous companies in Nigeria be properly addressed?
  • What contributions have government establishments made towards the growth of indigenous companies in Nigeria?

RESEARCH HYPOTHESIS

  • Ho:    Lack of sufficient capital and poor financial management does not hinder the growth of indigenous firms in Nigerian.

Hi:     Lack of sufficient capital and poor financial management hinders the growth of indigenous firms in Nigeria.

  • Ho:      Marketing of products is not a major problem facing indigenous firms in Nigeria.

Hi:     Marketing a product is a major problem facing indigenous firms in Nigeria.

SIGNIFICANCE OF THE STUDY
The study will help pin point the various growth challenges of indigenous companies in Nigeria as well as solutions to these challenges. Findings and recommendations from the study will enable company managers and the government to rally together and develop better policies that will encourage our Nigerian owned companies to grow. The study will also bring out strategies and techniques that can be adopted by indigenous companies in Nigeria to beat foreign owned firms and survive competition.

SCOPE OF THE STUDY
The study is limited to the growth challenges of indigenous companies in Nigeria, using Ibom PowerCompany as a case study. Findings and recommendations from the study may not be used to generalize all indigenous companies in Nigeria as the researcher could not reach out to more indigenous companies in Nigeria due to time and financial constraints.

LIMITATION OF THE STUDY
The only limitation faced by the researcher in the course of carrying out this study was the delay in getting data from the various respondents. Most respondents were reluctant in filling questionnaires administered to them due to their busy schedules and nature of their work. The researcher found it difficult to collect responses from the various respondents, and this almost hampered the success of this study.

 ORGANIZATION OF STUDY

Chapter one of this study includes the general introduction, background information about the study, statement of the problem, objectives of the study, research questions, scope of the study, significance of the study, and the limitation of the study.

Chapter two reviews all relevant literatures relating to the study as well as the researcher’s views concerning previous studies on the challenges of income taxation.

Chapter three includes the methodology applied in collecting and analysing data, population definition, study site, and limitations.

Chapter four presents the results of the study as well as data analysed, and the interpretation of the analysed data.

Chapter five includes a summary of the study, conclusion and recommendations based on the findings from the study.

DEFINITION OF TERMS
MONOPOLY:      Means the sole right to trade on a particular goods or services. 
CAPITAL:  This means wealth or property that can be placed to produce more wealth. 
INVESTORS:           it means group of persons or organizations that invest a business venture.
ECONOMICS:     The production principles and distribution of goods and services and the development of wealth. 
INFLATIONARY:         This means the persistent and continuous rise in prices and wages caused by increase in money supply and demand for goods and resulting in a fall in the value of money. 
FIRMS:       Means business company or an organization. 
MERCHANT:      Person involve in trade or commerce. 
SECTORS: that parts or branch of a particular area of activity especially of a country’s economy.

EVALUATING THE GROWTH CHALLENGES OF INDIGENOUS COMPANIES IN NIGERIA

Additional Information

  • The Project Material is available for download.
  • The Research material is delivered within 15-30 Minutes.
  • The Material is complete from Preliminary Pages to References.
  • Well Researched and Approved for supervision.
  • Click the download button below to get the complete project material.

Frequently Asked Questions

In-order to give you the best service available online, we have compiled frequently asked questions (FAQ) from our clients so as to answer them and make your visit much more interesting.

We are proudly Nigerians, and we are well aware of fraudulent activities that has been ongoing in the internet. To make it well known to our customers, we are geniune and duely registered with the Corporate Affairs Commission of the republic of Nigeria. Remember, Fraudulent sites can NEVER post bank accounts or contact address which contains personal information. Free chapter One is always given on the site to prove to you that we have the material. If you are unable to view the free chapter 1 send an email to info@allprojectmaterials.com with the subject head "FREE CHAPTER 1' plus the topic. You will get a free chapter 1 within an hour. You can also check out what our happy clients have to say.


Students are always advised to use our materials as guide. However, if you have a different case study, you may need to consult one of our professional writers to help you with that. Depending on similarity of the organization/industry you may modify if you wish.


We have professional writers in various disciplines. If you have a fresh topic, just click Hire a Writer or click here to fill the form and one of our writers will contact you shortly.


Yes it is a complete research project. We ensure that our client receives complete project materials which includes chapters 1-5, full references, questionnaires/secondary data, etc.


Depending on how fast your request is acknowledged by us, you will get the complete project material withing 15-30 minutes. However, on a very good day you can still get it within 5 minutes!

What Clients Say

Our Researchers are happy, see what they are saying. Share your own experience with the world.
Be polite and honest, as we seek to expand our business and reach more people. Thank you.

A Research proposal for evaluating the growth challenges of indigenous companies in nigeria:
Reviews: A Review on evaluating the growth challenges of indigenous companies in nigeria, evaluating, growth, challenges project topics, researchcub.info, project topic, list of project topics, research project topics, journals, books, Academic writer.
One of the major economic backwardness of the most third world countries like Nigeria is the over prolonged sojourn of private foreign divestment in them. The predatory exploitative orientation and activities of foreign monopoly capital, it inherent tendency to resist and hamper local industrialization and to perpetuate merchant capitalism and its determination and deliberate efforts to retard the growth of endogamous entrepreneurship all this have heavily influenced Nigeria economic history for well over a century. This foreign dominance of commercial activities in Nigeria was made possible by restrictive practices employed by the established merchant firms. It is important to note that commercial banking is a major source of credit (capital) was solely owned and controlled by foreign elements. Their policies were made towards satisfying the needs of foreign enterprise, indigenous entrepreneurs merely subjected on the crumbs that fell on the gable. .. business administration project topics

EVALUATING THE GROWTH CHALLENGES OF INDIGENOUS COMPANIES IN NIGERIA

Project Information

  • CATEGORY : BUSINESS ADMINISTRATION
  • TYPE : PROJECT MATERIAL
  • FORMAT : MICROSOFT WORD
  • ATTRIBUTE : Documentation Only
  • PAGES : 75 Pages
  • CHAPTERS : 1 - 5
  • PRICE : ₦ 3,000.00

Share Links

Download Post
Download Post

Search for Project Topics

Project topics in Departments

Do you need a writer for your academic work?