Analysis Of Nigerian Real Estate Industry

ANALYSIS OF THE NIGERIAN REAL ESTATE INDUSTRY & environs interpretation of Industry As a pre-requisite ,an insightful knowledgeand rationality of the external and inner(a) environment of the organization is required for a director to stratagem a strategy that is fit to the organisation situation. I am a quality run professional providing property services solutions to clients on a whole range of issues. It is thence ratiocinative that for the purposes of this assignment my occupation should be intimately the Nigerian true commonwealth industry and agonistical environment. Oxford Advanced student’s Dictionary defines ‘industry’ as ‘’the passel and activities problematic in producing a particular thing or in providing a particular service’’ ( Horby;2000). From this definition therefore my concern about the objective estate industry has to do with people (property professionals, financial institutions, genuine estate de velopers, regulatory authorities, buyers and sellers of current estate) and activities (financing, real estate acquisition and disposal, conveyance of real estate, development permission and checker and facility management) Thompson, Strickland Gamble(2008) suggested a-7-way approach to gaining an understanding of an industry. The 7-way test includes the next; 1) An examen of the industry’s dominant features. 2) Profiling of the rivalrous forces. 3) An estimation of the driving forces of change and their relative impacts on competitive and lucrativeness (industry architecture) 4) A determination of the market positions of rivals. 5) A prediction of the likely moves of rivals. 6) An ascertainment of the key factors for future success (long term thinking) 7) Ganging the industry outlook. I intend to adopt this 7-way test/model to analyze the real estate industry and competitive environment in Nigeria. 1.1. outweigh FEATURES In 2006 Ni! gerian building,...If you want to get a near essay, order it on our website: OrderCustomPaper.com

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