國立虎尾科技大學 |

Fast Food Business Survivability beyond 5 Years in Nigeria.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Fast Food Business Survivability beyond 5 Years in Nigeria./
Author:	Ukorebi, Victor B.
Description:	1 online resource (169 pages)
Notes:	Source: Dissertation Abstracts International, Volume: 79-11(E), Section: A.
Subject:	Business administration. -
Online resource:	click for full text (PQDT)
ISBN:	9780438077768

Fast Food Business Survivability beyond 5 Years in Nigeria.
Ukorebi, Victor B.

Fast Food Business Survivability beyond 5 Years in Nigeria. - 1 online resource (169 pages)

Source: Dissertation Abstracts International, Volume: 79-11(E), Section: A.

Thesis (D.B.A.)--Walden University, 2018.

Includes bibliographical references

The lack of manager's effective business strategies contributes to the failure of fast food businesses in Nigeria. The size of the fast food industry in Nigeria grows at the rate of 4% annually with rapid rate of return on investment. The annual value of the fast food business in Nigeria was N250 billion in 2015, which is approximately US$700 million. However, approximately 80% of fast food restaurants launched in Nigeria in 2014 failed to persist for longer than 5 years because of lack of survival strategies. Using the human capital theory, the purpose of this multiple case study was to explore the strategies managers of fast food business use to survive for longer than 5 years. Participants were purposely selected for their experiences implementing survival strategies in their fast food business that enabled them to persist longer than 5 years. Data were collected via face-to-face semistructured interviews with 5 managers of fast food restaurants and the review of organizational documents and online ratings of the fast food restaurants. Data were analyzed using inductive coding of phrases, word frequency searches, and theme interpretation. Three themes emerged: employee development and training improved customer service, effective management of resources and people lead to business survival, and healthy food choice attracted customers and increased revenue. The findings of this study might influence social change by providing strategies for fast food businesses in Nigeria to persist longer than 5 years. When businesses are growing and surviving, they become profitable and contribute to the prosperity of the owners, employees, communities, and the government. These findings may benefit businesses and individuals as they implement the findings from this study.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2018

Mode of access: World Wide Web

ISBN: 9780438077768Subjects--Topical Terms:

1148568
Business administration.
Index Terms--Genre/Form:

554714
Electronic books.

Fast Food Business Survivability beyond 5 Years in Nigeria.
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245 1 0 $a Fast Food Business Survivability beyond 5 Years in Nigeria.
264 0 $c 2018
300 $a 1 online resource (169 pages)
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500 $a Source: Dissertation Abstracts International, Volume: 79-11(E), Section: A.
500 $a Adviser: Godwin Igein.
502 $a Thesis (D.B.A.)--Walden University, 2018.
504 $a Includes bibliographical references
520 $a The lack of manager's effective business strategies contributes to the failure of fast food businesses in Nigeria. The size of the fast food industry in Nigeria grows at the rate of 4% annually with rapid rate of return on investment. The annual value of the fast food business in Nigeria was N250 billion in 2015, which is approximately US$700 million. However, approximately 80% of fast food restaurants launched in Nigeria in 2014 failed to persist for longer than 5 years because of lack of survival strategies. Using the human capital theory, the purpose of this multiple case study was to explore the strategies managers of fast food business use to survive for longer than 5 years. Participants were purposely selected for their experiences implementing survival strategies in their fast food business that enabled them to persist longer than 5 years. Data were collected via face-to-face semistructured interviews with 5 managers of fast food restaurants and the review of organizational documents and online ratings of the fast food restaurants. Data were analyzed using inductive coding of phrases, word frequency searches, and theme interpretation. Three themes emerged: employee development and training improved customer service, effective management of resources and people lead to business survival, and healthy food choice attracted customers and increased revenue. The findings of this study might influence social change by providing strategies for fast food businesses in Nigeria to persist longer than 5 years. When businesses are growing and surviving, they become profitable and contribute to the prosperity of the owners, employees, communities, and the government. These findings may benefit businesses and individuals as they implement the findings from this study.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2018
538 $a Mode of access: World Wide Web
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650 4 $a Food science. $3 1179759
650 4 $a African studies. $3 1179415
655 7 $a Electronic books. $2 local $3 554714
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690 $a 0293
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a Walden University. $b Business Administration. $3 1148537
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