The Effect of Business Combination on the Economic Revival of Nigeria
The Effect of Business Combination on the Economic Revival of Nigeria
Quick Navigation for Final Year Undergraduates, Masters (Thesis), and Ph.D. Dissertation Students Who Need Our Services on Their Research Works
| Find More Project Topics | FIND HERE |
| Hire Us for Thesis Works | HIRE NOW |
| Hire Us for Project Works | HIRE NOW |
| Hire Us for Seminar Works | HIRE NOW |
| Hire Us for Assignments | HIRE NOW |
| Hire Us for Proposals | HIRE NOW |
| Contact Us | HERE NOW |
Abstract on The Effect of Business Combination on the Economic Revival of Nigeria
Two principal ways by which aims may grow are:- Internally, through the acquisition of specific assets which are financed by the retention of earnings and external financing and externally, through the combination with another company which is done by: (a) Merges with and acquisition of other firms. (b) Divesting a division or subsidiary so that industry may need to become more competitive in the world markets. Whether firms amalgamation or merge to form an entirely news enterprise or firms takes over by purchases of the capital assets of others the result is usually a large sized business unit or firm with high capital base. With high capital, mass production of quality products could be achieved to reduce the level of importation of these products from other countries. Some of these locally manufactured goods will be consumed domestically while others could be exported to generate export earning which can be used for the country’s debt-servicing obligation. Many developing countries that are on imported goods usually have the problem of a deficit balance of trade. The revenue from the industries has helped the government to built roads, bridges, communication facilities etc. infrastructure such as transportation needed to move people, materials and finished goods, communication network necessary for efficient commerce, a safe water supply as well as electricity supply that enhance their operations and essential to economic development will be provided by merged firm with high capital base. Business combination helps to revive companies experiencing distress and prevent their being liquidated. The continue existence of these firms is beneficial to the government as it makes possible the continuous flow of taxes, royalties and licenses fees from the companies to the government. The combination of local firms with foreign firms helps to provide training in workers and management skill that come from working with large firms that possess technical knows-how personnel. This helps to enhance the human resource development of the nation. Merged companies with large capital could attract foreign investment i.e. foreigners would like to make investment in them. This project work is proposed to be carried out in partial fulfillment of the requirement for the award of Higher National Diploma (HND in Accountancy).
Disclaimer
This research material is intended for academic use only and should be used as a guide in constructing your research project and seminar presentation. You should never duplicate the content word for word (verbatim), as SCHOOLTHESIS.COM will not be held liable for anyone who does.
The purpose of publishing this material is to alleviate the stress of hopping from one school library to the next in search of research materials. This service is lawful because all educational institutions allow students to read past projects, papers, books, and articles while working on their own.
SCHOOL THESIS is merely giving this information as a research reference. Use the document as a reference or structure for your own research paper. This paper’s content should be able to assist you in coming up with new ideas and thoughts for your own study
The Effect of Business Combination on the Economic Revival of Nigeria research paper, should only be used as a guide.