EFFECTS OF VISION AND MISSION STATEMENT ON FIRMS’ SURVIVAL
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
The mission statement is becoming an integral part of firms operating plans for both public and private firms within and outside Nigeria. This study was set to bring fore effect of vision and mission statement on firms’ survival. The study employed a descriptive survey and a research questionnaire was used for data collection; one hundred questionnaires was distributed to employees at Nestle PLC Sagamu. The data collected were thus analyzed using frequency count and t-test statistics. The findings of the study revealed that there is no significant difference in the perception of male and female workers on the effects of vision and mission statement and also there is no significant difference between the survival of firms that use vision and mission statement and those that do not use. The study therefore recommends among others that firms should find the means of surviving the present economic hardship, which can hinder the time of implementation of the formulated strategies. The management should establish the need for vision and mission statement planning by defining the corporate goals and formulating policies which acts as a guide in decision making.
Related Project Materials
The Impact of Social Media on Nigerian Syntax Variation: A Case Study of Facebook Comment Threads
Background of the study
Facebook comment threads in Nigeria represent a microcosm of digital communication, where diverse l...
IMPACT OF SOCIAL MEDIA ON CONSTRUCTION SMEs BUSINESSES IN ABUJA
ABSTRACT
Since the advent of social media in the early 2000s, its influence on the day to day life of people has impacted the way they co...
An appraisal of online security protocol enhancements on building customer trust in banking: a case study of Citibank Nigeria
Background of the Study
In an era of increasing cyber threats, the security of online banking is paramount for building customer trust. C...
The impact of preceptor programs on the confidence levels of final-year nursing students in Lagos State College of Nursing
Background of the Study
Preceptorship programs are an integral part of nursing education, particularly for final-year students transition...
The Effect of Phonetic Emphasis on Persuasion in Nigerian Advertising: A Case Study of Jingles
Background of the study
Advertising in Nigeria frequently harnesses the power of phonetic emphasis to persuade consumers and enhance bran...
DESIGN AND IMPLEMENTATION OF A WEB BASED PRESENTATION SYSTEM THAT WOULD ENLIGHTEN USERS ON HOW TO INSTALL A DSTV DECODER AND SATELLITE DISH
-
- PROBLEM STATEMENT
Installation of DStv systems has always been too techni...
THE IMPACT OF ENTREPRENEURSHIP EDUCATION ON VOCATIONAL STUDENTS
Abstract: The impact of entrepreneurship education on vocational students is essential for...
ENERGY CONSUMPTION AND ECONOMIC GROWTH IN NIGERIA (1986-2016)
ABSTRACT
The study examined the energy consumption and economic growth in Nigeria, using the time frame...
An evaluation of the effectiveness of pollution control measures in industrial zones of Kano Municipal Local Government Area, Kano State
Background of the Study
Kano Municipal LGA, as a major commercial hub in northern Nigeria, is home to numerous industrial zones that cont...
INTERNAL CONTROL SYSTEM AS A TOOL FOR EFFICIENCY IN THE MANAGEMENT OF SMALL AND MEDIUM SCALE ENTERPRISES IN ILORIN
ABSTRACT
The main objective of this study is to ascertain the efficiency of internal control system as...
