could start training his son for the presidents chair. Although‚ it was started‚ it will take 10-15 years. Pablo has enough time to train his son as long as his son is interested. Another alternative to the problem is to sell the company. The company is very successful and Pablo would have no problem finding a
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Critically assess the personality (or psychological) traits approach to explaining entrepreneurship. What makes an entrepreneur‚ an entrepreneur? Could it be the environment they grew up in or simply‚ the personality that they were born with or developed as they grow? This essay would present on the traits one should have to perform in this career and how these personalities would benefit them as a businessperson. Apart from that‚ it would discuss the different approaches and analyze it against
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Joint Africa Institute Seminar on the Role of Parliamentarians in Promoting Good Public Financial Management and Accountability in Africa Tunis‚ November 19-23‚ 2007 Public Financial Management and Corruption[1] Public Financial Management (PFM) ordinarily covers the management of government revenue‚ expenditure and cash. Corruption defined as the diversion of public resources for private use can affect any of these operations‚ at the level of the national and sub-national administrations. This
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POLICY AND NIGERIAN ECONOMIC GROWTHOmitogun Olawunmi and Ayinla‚ Tajudeen A. Department of Economics Olabisi Onabanjo University‚ Ago-Iwoye Abstract This paper has examined empirically the contribution of fiscal policy in the achievement of sustainable economic growth in Nigeria. Using the Solow growth model estimated with the use of Ordinary Least Square method‚ it was found that fiscal policy has not been effective in the area of promoting sustainable economic growth in Nigeria. Although‚ the finding
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Industrialization has not only changed the way the world do business but also changed the world itself. Fortunately‚ Nigeria is one of the countries that did not escape its impact. Industrialization is the process of social and economic change that transforms a human group from a pre-industrial society into an industrial one. It is a part of a wider modernization process‚ where social change and economic development are closely related with technological innovation‚ particularly with the development of large
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Youth Unemployment in Nigeria INTRODUCTION Nigeria is the most populous country in Africa and the eighth most populous country in the world with a population of 154‚ 729‚000 citizens. Our nominal GDP is $207. 116 billion and we have a nominal per capita income of $1‚ 4011. Nigeria also has the second largest economy in Africa. If I may ask‚ is this country not blessed? Yet‚ it is still plagued by youth unemployment which had been one of our major problems in recent years. Both government and
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A SURVEY OF ENGINEERING EDUCATION IN NIGERIA VIZ-A-VIZ TECHNOLOGY DEVELOPMENT AND SELF EMPLOYMENT P.A. Ozor Department of Mechanical Engineering‚ University of Nigeria‚ Nsukka‚ Nigeria. e-mail paul.ozor@unn.edu.ng ABSTRACT Sustainable technology development of any economy is anchored in a sound knowledge-base for her citizens. But successful development of such knowledge-base depends on modern infrastructure‚ rule of law and functional institutions. When a society completes infrastructural
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EBONG GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE UNION BANK OF NIGERIA PLC ABSTRACT Against the backdrop of the role of banks as financial intermediaries and their function as the engine of growth of the economy‚ this paper examines the extent to which the banking industry has helped to stimulate economic activities in Nigeria and what the prognosis looks like in the post-consolidation era. The paper notes that the banking industry in Nigeria witnessed a remarkable growth in terms of deposit base‚ number
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degradation and excessive use of resources has been highlighted on the agenda of international organizations and governments. It’s important to explain what we mean by social entrepreneurship particularly given the relative novelty of the term and the lack of clarity regarding its relationship to more traditional entrepreneurship. Social entrepreneurs Endeavour to create social value through innovative‚ entrepreneurial business models. The potential market for these entrepreneurs is huge because of
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Sajjad1‚ *Haroon Shafi1‚ Aasim Munir Dad2 1Iqra university Islamabad campus 2University of Science and Technology (MUST) Mirpur Azad Kashmir‚ Pakistan *haroonshafi4@gmail.com Abstract: The main purpose of this study is to identify the role of entrepreneurship in Pakistan. After reviewing the literature‚ researchers identify those predictors who influence the entrepreneur’s intention with the help of socio cognitive model. National culture of a country influences the entrepreneur’s intention to start
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