Download Tag: FINANCIAL MANAGEMENT PRACTICES

Abstract Finance is the life-wire of any organization and proper management means a sustained increase in the life of an organization. Owing to the broad view of this project when settled for an elaborate detail about it, this report or write up has been divided into five different chapters as follows: Chapter One: which is the introduction, deliberates or the introduction of the topics as regards the background, objectives scope ...

CHAPTER ONE INTRODUCTION 1.1.  BACKGROUND TO THE STUDY Business Enterprises (SMEs) are seen as a driving force for the promotion of an economy (Khan and Jawaid, 2004) and they contribute immensely to the economic development of any country. According to OECD (1997), business enterprises play a major role in economic growth and development, creation of employment and income generation. Business enterprises in Nigeria contribute enormously to the National Gross Domestic Product ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY  Small and medium enterprises (SMEs) are considered the backbone of economic growth in all countries (Rajesh, Surash and Deshmukh, 2008). Small and medium enterprises play an important role in Nigeria’s economic growth, as they constitute 97.2% of the companies in Nigeria (Ministry of Trade and Investment, 2011). It is unfortunate that SME's performances have fallen short of expectations in Nigeria (Osotimehin, 2012). ...