Business Law - Hypothetical Scenario

This is a positive point when it comes to obtaining labor force for sweet and existing businesses in the countryNigeria has the potential for growth and stability . It is a strong dwelling house for the businessmen to flourish their business . Since it has been accommodate in the list of N-11 countries , its goodwill and expectations of growth have convey great hopes to the future investorsGlobal EnvironmentNigeria notify take advantage of passageway game spheric . It has its strong crude oil and b each up sector which fecal matter help it unclutter a lot of foreign step in in the field of exports . The country has obtained the membership of Afri nates product and chance Act USA . Under this act , Nigeria and other sub-Saharan African counties have agreed to export the utmost measurement of their manufactured prod ucts to US . This poses a strong contest for the spheric competitors and would increment Nigeria s competitiveness in the world market place (Austin Imhonlele , 2010Nigeria can also exploit its natural resources and incline for the mount of its infrastructure . One way of doing so can be to enter into partnerships with other countries or hire the laborers of foreign countries to pee here .

This would help in quick solutions to the country s alerting problemsNigeria can supply its raw material and semi-processes goods if it is not okay to set up big industries to manufacture consumer goods . The country can also diversify and expand its existing oil and louse up sector Instead of just producing crude oil and oil and selli! ng it , the by-products and friend oil can also summation the country s competitiveness and position its companies . This strength on world-wide platform will automatic solelyy give boost to all other businesses in NigeriaStrengthsStrong banking and financial sectorEasy provision of medium and ample loansControlled money supplyFastest...If you want to get a full essay, meander it on our website: OrderEssay.net

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