The development of this Small Business Management Skills (SBMS)- facilitators’ guide was necessitated by the need to equip the pastoralist community with the basic business skills at their level. SBMS is meant for those already doing group or individual businesses and is also recommended for start ups. The objective of this manual is to facilitate the participants to learn by doing.This is a…
As investments involve large resources both financial and human, wrong investment decisions are very expensive to correct and detrimental to the sustainability of institutions. Managers are responsible for comparing and evaluating alternative projects so as to allocate limited resources and maximize the firm’s wealth or shareholders value Basic techniques of making capital investment appra…
Every Scientific research should commence with the writing of a research proposal even if this is not officially required. It will focus your thought and give your research direction. Writing the research proposal is the most difficult but most important aspect of conducting the research. Often times, students who fail to prepare a good research proposal fail to produce quality resear…
Research philosophy classifications such as ontology, epistemology, and anxiology and their conflicting applications to the ‘quantitative-qualitative’ debates, are a major source of dilemma to research students in establishing their relevance to subjects areas and discipline. A number of studies have used different descriptions, categorisations and classifications of research paradigms and …
To quote the words of Jankowicz (2005, p. 161): “…the work that you do is not done in a vacuum, but builds on the ideas of other people who have studied the field before you. This requires you describe what has been published, and to marshal the information in a relevant and critical way” Whatever the objective(s) of a research may be, its significance is invariably judged in relati…
A public-finance approach yields several insights. Among the most important is the recognition that fiscal and monetary policies are linked through the government sector’s budget constraint. Variations in the inflation rate can have implications for the fiscal authority’s decisions about expenditures and taxes, and, conversely, decisions by the fiscal authority can have implications for mon…
The main purpose of this paper is to discuss supply and demand in the framework of system dynamics. We first review classical supply and demand. Then we look at how to model supply and demand using system dynamics. Finally, we present a few exercises that will improve understanding of supply and demand and help improve system dynamics modeling skills.