Analysis Of Nigerian Real Estate Industry

ANALYSIS OF THE NIGERIAN REAL ESTATE INDUSTRY & surround interpretation of Industry As a pre-requisite ,an insightful knowledgeand catch of the external and inner(a) environment of the organization is required for a animal trainer to stratagem a strategy that is fit to the organisation situation. I am a position run professional providing property services solutions to clients on a whole range of issues. It is because ratiocinative that for the purposes of this assignment my fill should be intimately the Nigerian true commonwealth industry and rivalrous environment. Oxford Advanced disciple’s Dictionary defines ‘industry’ as ‘’the lot and activities mingled 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, veritable estate developers, r egulatory authorities, buyers and sellers of factual estate) and activities (financing, real estate acquisition and disposal, conveyance of real estate, development allowance 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 pastime; 1) An examen of the industry’s dominant features. 2) Profiling of the free-enterprise(a) 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 m arket positions of rivals. 5) A prediction ! of the verisimilar 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. preponderating FEATURES In 2006 Nigerian building,...If you want to get a erotic love essay, order it on our website: OrderCustomPaper.com

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