Legal and Management Strategies: The Synergy for Survival and Growth of Companies in Nigeria
Legal and Management Strategies The Synergy for Survival and Growth of Companies in Nigeria
Abstract of Legal and Management Strategies The Synergy for Survival and Growth of Companies in Nigeria
Economic circumstances like the recession and cut-throat competition in recent years have now forced companies to pay closer attention to their corporate policies and strategies for dealing with economic opportunities and for remaining one step ahead of competition. This is true for the highly industrialized economies as it is for less developed countries where multinational, transnational and local companies compete vigorously with one another for market share and for good corporate image, by identifying and in some cases helping to shape public policy for the greater good of the communities in which they operate. This thesis focused on Legal and Management Strategies: The Synergy for Survival and Growth of Companies in Nigeria. It is comprised of five chapters beginning with general introduction, objectives of the research, justification, scope, methodology, literature review, and organizational layout. The thesis explains the nexus between finance and investment by defining finance and investment, and, highlighting the objectives and significance of finance, investment scenario, investment fora, government policy and provisions investors, sources of finance, government banks and other financial institutions, general public and company employees. Also the thesis indicates determinants of company survival, for example, the quality of resources – human resources, material resources, financial resources, the quality of resource management, damage and waste control systems, the quality of time and opportunity management, contingency and emergency management, determinants of company growth, internalization of technology, in-house development of human resources: in-service training, incentives for skill enhancement and creation of credit worthiness. The thesis appraises survival and growth of three successful companies, such as Unilever Nigeria Plc, Neimeth International Pharmaceutical Plc and GlaxoSmithKline Consumer Nigeria Plc and recommends survival and growth strategies for companies in Nigeria.