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Legal and Management Strategies; the Synergy for Survival and Growth of Companies in Nigeria
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Legal and Management Strategies; the Synergy for Survival and Growth of Companies in Nigeria


This page presents an excerpt of the research material, providing a comprehensive overview of the study. It includes the Preliminary Pages, Table of Contents, Abstract, Chapters One to Five, and References, making it accessible and informative for students, researchers, and other readers interested in the topic of this study. Acknowledgement is also included, expressing gratitude to the individuals, institutions, and resources that contributed to the successful completion of the research, with materials and information sourced from the online platform sparklyn.com.ng, which provided valuable academic support.


ABSTRACT


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 study 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. Also the study 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 study 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.



1.1 Introduction

Synergy is the aspect of corporate strategy, corporate finance and management dealing with the combining of different companies that can aid, finance or help a growing company in a given industry to grow rapidly without having to create another business entity. One or more companies may merge with an existing company through consolidation. The new single company will inherit the assets and liabilities of the separately existing companies which are then wound up. Synergy is consummated by exchange of shares among the merging company’s shareholders (Nwude, 2003).

As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Limitations of the Study and Definition of technical terms.


CHAPTER TWO

LITERATURE REVIEW


2.1 Introduction

This chapter focuses on the review of related literature. A literature review presents current knowledge, as well as theoretical and methodological contributions, related to Legal and Management Strategies; the Synergy for Survival and Growth of Companies in Nigeria. It documents the state of the art on the subject under study and provides a comprehensive survey of existing literature. In this research work the literature review includes the conceputal review, theoretical framework, the review of related literature …


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