Skip to main content

HOW MATHEMATICS EDUCATION IS IMPROVING ENTREPRENEURSHIP IN NIGERIA


Mathematics education is one of the most important tools for entrepreneurship development in Nigeria. In Nigeria today small and medium scale enterprises are faced with lots of challenges ranging from profit loss as a result of improper management of sales, expenses and purchases to lack of adequate capital for effective running of the business.
        Mathematics education is very important in our everyday life; most business owners in Nigeria have the gift of mathematics education but they do not really understand the concept of mathematics education.
See Mathematics Education ProjectTopics
There are few ways mathematics education can help improve the situation of entrepreneurship; some of the ways are:
v improve sales
v prevent loss
v improve capital and profit relationship

Improve Sales
Mathematics education improve sales; I know you will be wondering how mathematics education will improve sales. The simple knowledge of mathematics education will improve the all business owners from a strategic point of view; such as enhancing one’s ability to carry out a feasibility study about a business opportunity.
Prevent loss
Having a little or more knowledge on mathematics education will help improve profit and minimize revenue loss among small and medium scale business owners in Nigeria. Most business owners in Nigeria do not look at profit and loss. They are just focused on making day to day sales but neglecting the fact that it is important to control loss and enhance profit in a business.
Improve Capital And Profit Relationship
In every business environment, there is a kind of relationship between capital and profits. Let me explain in details. Every business in Nigeria whether small or big was started with capital and after sales (daily or monthly) must be able to determine the profitability level of their business and the only way they can do it to through the preparation of profit and loss account is solely dependent on mathematics knowledge and ability of any business owner.



Comments

Post a Comment

Popular posts from this blog

The Need For Improving Learning Environment For Final Year Students

Learning environments are places where people learn. They can include physical spaces such as classrooms, schools, or workplaces; virtual spaces such as digital platforms; or blended spaces that combine both physical and digital elements. Learning environments should provide a safe and conducive space for learning. Final year students and teachers work well in a school culture where academic success and the motivation to learn, is expected, respected and rewarded. Such an atmosphere where final year students learn to love learning for learning's sake, results in better academic achievement especially in their Final Year Research Projects or thesis. The school is a special social space where education, training and personality development of children who are a community’s future assets are founded and run by proper training methods, appropriate physical space and favorable psychological environment. Final year students in the process of socialization require a healthy environment a...
Post a Comment
Read more

THE IMPORTANCE OF HEALTH EDUCATION TO THE ELDERLY

Health is a state of total well-being not merely the absence of diseases. As the saying goes “health is wealth”. Health is as important as life itself, carrying out the activities of life can only be done and achieved in a state of total well being. Health can also be said to be a state of full physical and social well-being not as a lack of an illness or an indisposition. Having known the meaning of health we move further to understand what health education is. WHAT IS HEALTH EDUCATION? Health education is a process of enlightening people on the importance of taking care of their health, that of their families and the society at large.   Health education process focuses on making the people realize the correlation between their health, lifestyle, physical and social position. There are lots of health education project topics and materials that one can look at to gain more insight on the importance of health education to the elderly. More so, health education can be the sum...
Post a Comment
Read more