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Effect Of Multinational Corporations On Nigeria Economy
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1.4 RESEARCH QUESTIONS
1. What is the role of multinational corporations towards economic growth of Nigeria?
2. What are the factors determining the growth and success of multinational corporation in Nigeria?
3. What are the demerits of Multinational Corporations to their host country?
1.5 HYPOTHESIS
HO: Multinational Corporations have not contributed to economic growth in Nigeria.
HA: Multinational Corporations have contributed to economic growth in Nigeria.
1.6 SIGNIFICANCE OF THE STUDY
The following are the significance of this study:
1.
The outcome of this study will be useful to government of Nigeria and
the general public on the role of multinational corporation in the
economic growth in Nigeria.
2. This research will also serve as a
resource base to other scholars and researchers interested in carrying
out further research in this field subsequently, if applied will go to
an extent to provide new explanation to the topic.
1.7 SCOPE/LIMITATIONS OF THE STUDY
This
study on the effect of multinational corporations on the Nigeria
economy will cover how the multinational corporation has affected the
economy of Nigeria.
LIMITATION OF STUDY
1. Financial constraint-
Insufficient fund tends to impede the efficiency of the researcher in
sourcing for the relevant materials, literature or information and in
the process of data collection (internet, questionnaire and interview).
2.
Time constraint- The researcher will simultaneously engage in this
study with other academic work. This consequently will cut down on the
time devoted for the research work.
1.8 DEFINITION OF TERMS
1.
Multinational corporation: A multinational corporation may be defined
as a company or group of companies with subsidiaries in more them one
country. They owns (in whole or in part) control and mange income
generating asset in than one country.
2. Global corporation: A
group of people having authority to operate as a single unit with
separate legal existence affecting the whole world.
3. Corporate
planning: This is the establishment of objectives and formulation
evaluation and section of polices, strategies, tactics and action
requirement to achieve an objectives.
4. Globalization as a
phenomenon is the most evident in the convergence in trade, finance and
information flows across national boundaries.
5. Indigenous
skilled man power This refers to the number of people working or
available for work who are skillful and belong to a place naturally.
6.
Neocolonialism: This means control by powerful countries of former
colonies or less developed countries by economic pressure.
7.
Acquisition: Has been defined as a series of transition whereby a person
(individual group of individuals or company) acquire control over the
assets of a company either directly by becoming the owner of those
assets or indirectly by obtaining control of the management of the
company.
8. Subsidiary: It simply means a company whose another company acquired more than 50% of that company shares.
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