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The Impact of Business Activities On An Economy.

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The existence of business activities in an economy is very important because of the following reasons: MICRO- ECONOMY: 1. Individual Household: Business activities play vital role in the life of an individual by serving as a means of  income generation in meeting household needs. An individual can be self employed or a salary earner in the business sector. If businesses don't exist, there won't be owners of Small and Medium Enterprises (SMEs), the unemployment rate will be very high. 2. Government: The existence of business activities creates the opportunity for income gener paid by business owners and their employees such as Company Income Tax, Personal Income Tax, and Petroleum Profits Tax. Also government also involve itself in business activities through nationalization, indigenization and creation of public enterprises with the purposes of welfare creation for the citizens and income generation. Up   3. Business Organizations: Business activities by the...

Benefits of Working with The Big Four Accounting Firms.

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The big four accounting firms are the best places to start one's career, because of the impact they make on their employees and the reputation their employees do have outside the organizations. The big four accounting firms include: 1. Deloitte and Touche: It's an accounting firm that is present in over 100 countries in the world with the head office in London, United Kingdom. It specializes mainly in Auditing, Tax and Advisory Services.    2. Pricewaterhouse Coopers (PwC): It's the second biggest accounting firm in the world. It has offices in over 100 countries in the world including the head office in London, United Kingdom. It also specializes in Auditing, Tax and Advisory Services. 3. Ernest and Young: It's has similar characteristics with Deloitte, PwC, and KPMG when it comes to services and number of offices also having its headquarters in London, United Kingdom.            4. KPMG: It also has the same features which...

Business Opportunities In The Education Sector

The following are the opportunities available at the education sector for the business oriented people: 1. Sales of textbooks for secondary and tertiary institutions, professional examinations etc. 2. Employment Agency which involves serving as an agent that helps educational institutions in recruiting staff that will be capable of making positive impact on students. This is possible in the situation whereby the institution whether college or tertiary institution is finding it difficult to recruit staff. 3. Uniform Merchant: Most primary and secondary schools have specific merchants who make school uniforms and sportwears for them. It's also a chance for someone who is very good and talented in fashion designing and branding. 4. Setting up tutorial lectures especially for students intending to write examinations like West African Examinations Council (WAEC), National Examination Council (NECO), University Tertiary Matriculation Examination(UTME), Post-UTME and professiona...

Job Opportunities In The Aviation Sector.

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The aviation sector comprises of several job opportunities, due to the continuous demand for the air transport at all countries across the world. The Aviation Sector comprises of job opportunities as follow: 1. Flight Pilot: This is the major and popular job position in the industry. It requires several years of training and experience to fit into this position. People in this position are sometimes referred to as experts in Mathematics, Physics and Geography.     2. Flight Attendant: Holders of this position are majorly responsible for the welfarism and safety of the passengers inside the plane.           3. Airline Operations Agents: They are responsible for priortizing large number of projects. They are also responsible for receiving and transmitting information to and from pilots, crews and other air personnel. They also find solutions to certain situations such as overbooking of flights which seldomly occurs.   ...

Profile of the Banker, Entrepreneur and Philanthropist, Mrs Ibukun Awosika

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Mrs Ibukun Awosika is a banker, entrepreneur, motivational speaker and a philantrphopist. She's also regarded as a role model to women in the society. She was born in Ibadan, the Oyo state capital on 24th December, 1962. She had her formal education at St. Paul African Church Primary School and Methodist Girls High School, Yaba, Lagos. Ibukun Awosika is a graduate of chemistry from University of Ife (Obafemi Awolowo University). She also bagged her MBA at the Lagos Business School. She started her career at Akintola Williams and Co. (a firm of chartered accountants) which is now Deloitte. She started her career there as a youth corps member. She later proceeded  to Alibert Nigeria Limited, a company that specializes in furniture. As a woman who shows interest in entrepreneurship, she started her business in 1989 which was Queenbees Limited before it was later merged into SOKOA Chair Centre Limited. Today, SOKOA Chair Centre Limited holds other companies like The C...

Profile of Godwin Emefiele, the governor of the Central Bank of Nigeria.

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Godwin Emefiele is a seasoned and experienced banker and he's the current governor of the Central bank of Nigeria (CBN), a position he held since 2014 after been appointed by the former President of Nigeria, Dr. Goodluck Jonathan and he was also reappointed by President Muhammadu Buhari. He's the first in history to be appointed twice as the governor of CBN. He had served for over 18 years in the banking industry and before his appointment as the CBN governor, he served as the Chief Executive Officer (CEO) and Group Managing Director of Zenith Bank PLC. He had also served as the Deputy Managing Director, of the bank since 2001 before his appointment as the CEO of the bank. He was once the director of Zenith Bank both in Nigeria and Gambia. He also served as the Executive Director of Corporate Banking, Treasury, Financial Control and Strategic Planning at Zenith Bank PLC. He's a graduate of Finance at University of Nigeria, Nsukka and also holds his Masters in Busin...

Business Opportunities In Dubai, UAE

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The following are the business opportunities available in Dubai, a popular and megacity in United Arab Emirates (UAE): 1. Oil and Gas: This sector refers to as the mainstay of the city's economy and UAE as a whole. It has also attracted several investors, both within and outside the country. 2. Healthcare Services: UAE is a very good place for health professionals, due to the fact that, the Arabs, most especially in UAE show great concern towards their well being. 3. Financial Services: This include auditing, tax, business and risk advisory. This is because many companies exist in Dubai and this is a profit maximizing opportunity for finance experts, biok keepers and accountants. 4. Construction and Real Estate: This is an opportunity for architects quantity surveyors, civil engineers and builders. This is a result of the fact that, amazing structures and buildings are been designed and erected very well most especially in Dubai. 5. Environmental Sanitation: As a res...