The Effect Of Business Failure In Nigeria: Causes, Effects And Remedies

CHAPTER ONE GENERAL INTRODUCTION 1.0    INTRODUCTION Business is important in our society because we depend on it for survival. We make contact with business everyday. Business organisations provide our basic needs such as food, shelter and clothing. They also provide us with leisure, recreation, entertainment, reduction etc. many of us work in business organisation and therefore depend on them for our income and general welfare. One can see that our society cannot do without business organisation. A business is said to have failed when it cannot function in a way that will male co-operate ob…