History and Profile of Zenith Bank The beginnings of Zenith Bank , located in Lagos, Nigeria can be traced to Founder Jim Ovia who established the commercial bank with a shareholder’s fund of N20million in May1990. 26 years later, the bank has grown profitably and branched itself out to Sierra Leone, Ghana, Gambia, and the…
The banking industry began in Nigeria in the colonial era through the creation of colonial banks which intended to service the requirements of the British colonial government (Murinde & Woldie, 2003, p. 2). Among the first few banks that were established were the African Banking Corporation and the British West Africa which were established in…
Describe the meaning and utility of critical management studies and show how it may affect business practices. We live in a fast-paced society, and change is inevitable. The society continuous to evolve according to the demands of time and change is our way of coping up. Changes do not only apply to people, things, and…
What is Risk Society? The German sociologist, Ulrich Beck, theorized the risk of modernity through his book entitled, “Risk Society: Towards a New Modernity” (Jarvis, p. 24). This was written 18 years ago, and it still holds a profound influence on thinkers, industrialist, and the academic community. Specifically, the risk which Beck delved on is…
Each organization has its own style of managing its people depending on the principles and values it is pursuing. The set of principles also differs according to the type of organization and how each task has been divided among the members. It is not only with the style of principles that these organizations differ but…
A cooperative is an organization formed by volunteer members to meet specific needs. Note that a cooperative can be a non-profit or profit-oriented organization. In addition, there are several types of cooperatives such as agricultural cooperative, consumer cooperative, worker cooperative, and cooperative banks and credit unions, among others. Nonetheless, when compared to traditional forms of…
Consumerism is a phenomenon in which the society leans toward the consumption or acquisition of goods and services. Some definition of consumerism leans toward consumer protection and consumer activism. However, some scholars define this phenomenon as a way of life in which individuals become engrossed at consumption and thereby, spending excessively beyond what they actually…
Critical management studies or CMS collectively form a broad discipline that generally centers on critiquing management practices in business organizations and non-profit organizations. It is also considered as a movement that has emerged to study and even question the authority of established management practices as opposed to merely developing management principles and legitimizing the function…
Women’s roles in the society have dramatically changed over the past years. The traditional picture of women slaving in the kitchen while untangling herself from a web of other chores on top of taking care of a crying baby is slowly being replaced. Nowadays, many women have gone beyond just being able to take care…
Risks are measurable using either a quantitative or qualitative approach. In the context of the risks facing the greater society, it is safe to assume that they are always changing in terms of their quantitative and qualitative scope of influence. This is because underlying causes and threats, as well as related factors and circumstances, can…
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