INTELLECTUALS AND NEW STRATEGIES FOR BUSINESS DEVELOPMENT IN THE THIRD WORLD

Mr Odiwo Williams Omokhudu and EHIOROBO O. LUCKY   (Published 2014)

Mr Williams Omokhudu
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An intellectual is a well educated person that could reason logically and understand the phenomena around him or her. The understanding through the Intellectual’s Education and Training enables him or her to be able to simulate and implement new strategies. A strategy is about generalship to have courses of action with such elements as product-market scope, goals and objectives, deployment of emphasis, competitive advantage and distinctive competence, growth vector and synergy to achieve comprehensive organizational and national objective. The new strategies are focused on Business Development in the Third World.  A Business is a venture that is aimed at making profit. Profit is the positive difference between Total Revenue and Total Cost. Development is the movement of the socio-economic condition of a society from a lower to a higher state. Business Development occurs when there is a planned expansion of Business Enterprises in a national economy or group national economies. The National Economies in this study are those in the Third World. The Third World is a way of designating poor and developing countries in Asia, Latin America and Africa.

Item Type: Conference presentation
Format: PDF document,   409.17 KB
Copyright: Creative Commons LicenseCreative Commons license
Keywords: INTELLECTUALS AND NEW STRATEGIES FOR BUSINESS DEVELOPMENT IN THE THIRD WORLD
Department: Accounting and Economics
Field of Study: Business Administration
Uploaded By: Aimomoh Joseph Inofe
Date Added: 27 Jun 2018 9:21am
Last Modified: 29 Jun 2018
conference URL: https://www.edouniversity.edu.ng/oer/conference/intellectuals_and_new_strategies_for_business_development_in_the_third_world


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