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THE PROBLEMS OF MANAGEMENT OF A RECESSIONARY ECONOMY

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY In Nigeria, the first and prime objective of any business in the private sector is to make profit but the uncertainty interest today’s economic environment.  Threatens the survival of every business and makes sound liquidity and cash retention the vocal point for the management rather than the achievement of maximum profitability in experience of past few years had shown that no business ...

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