AN INVESTIGATION INTO THE ROLE OF BUSINESS EDUCATION IN THE DEVELOPMENT OF NIGERIAN ECONOMY
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Despite the fact that business education is sometimes referred to as “education for and about business” (Nwosu, 2022), the primary goal of this field of study is to prepare students for salaried positions in the business sector. Whether seeking a paid job or self-employment, the emphasis should be on gaining exposure to, as well as acquiring, information, skills, and attitudes relevant to and sufficient for employment in certain business vocations. As a result, the value of any business education can be measured by its ability to effectively train and equip people so that, upon graduation, they can fit into specific occupations or start their own business.
Business education may also be beneficial. be defined as education that prepares students for entry into and/or advancement in the business sector, as well as education that prepares students to manage the affairs and functions of their own businesses. As citizens and customers in a capitalist system, you must act wisely (Popham, 2021). According to Anao (2022), business education is any educational process or material with the primary goal of preparing individuals for jobs in business enterprises. It is critical to conduct a study of the functions of business education in order to identify the roles that business education currently plays or should play in the Nigerian economy. Prior education and experience of students,
A few of the primary roles they play in the organization reflect their professional demands, learning objectives, and personal ambitions.
(1) It provides career coaching to adult students in order to increase their understanding of the various job opportunities and the changing requirements for entering and advancing in careers.
The goal of a business education is to prepare students for a career in business, whether as a business instructor, an office worker, or a knowledge collector for personal use. Business education is entirely vocational in nature. It is a broad field of study that includes specialized fields such as secretarial studies, accounting, business management, distributive education, computer studies, and marketing. It includes, among other things,
The study of distributive education is also included. Business education, specifically the kind that focuses on the acquisition of secretarial abilities, is one of the educational modalities that results in the development of marketable skills. Those with the ability to be a secretary will never be at a disadvantage in the job market because it is a skill that is always in high demand. One of the most important aspects of being a secretary is this. When discussing the role of business education in a growing economy, Anao (2022) defined secretarial education as “that educational process or setting which has the task of preparing individuals for entrepreneurship as employed entrepreneurs, employers, or self employed.”
Secretarial services are available in Nigeria.
Studies, like many other types of academic programs, began in an unassuming way. This could be attributed to the style and content of the instruction received. This resulted in the academic snobbery of a “dropout” program, which was quickly eradicated after independence, when the country decided to vocationalize education in order to address the country’s unemployment problems at the time. Secretarial training was primarily left in the hands of “roadside” trainers (Onabamiro, 2022). As a result, secretarial studies, an important component of business education courses, finally received the attention they deserved within the framework of the traditional educational system. (FRN, 2021)
1.2 THE PROBLEM’S STATEMENT
The entire world Particularly, the labor market is becoming more competitive as it becomes more complicated on a daily basis. Nigeria’s economy has not been particularly promising in recent years. The rate of unemployment has increased significantly, which has resulted in an increase in a variety of other crimes, such as robbery, which can now take on a variety of forms in addition to the traditional one of carrying a gun (Onabamiro, 2022). Business education has the potential to contribute to a thriving economy. The question that must be addressed is what level of Business Education Nigeria has access to. What are the majority of parents’ thoughts on their children getting
What about a business education? Another problem is the ambiguity surrounding the operational definition of business education in Nigeria. The goal of this research is to find answers to these questions.
1.3 THE STUDY’S OBJECTIVE
The study’s overarching goal is to investigate the role of business education in the development of the Nigerian economy. The research will be guided by the following criteria:
i. To investigate various ways in which business education can contribute to national development.
ii. To learn about the challenges that Business Education faces in achieving national development.
iii. To look into ways to improve business education in order to help Nigeria develop.
1.4 QUESTIONS FOR RESEARCH
The following study questions have been prepared:
i. What are the various approaches to business education?
Could it help with national development?
ii. What are the obstacles to national development that Business Education faces?
iii. How can business education be improved in order to aid Nigeria’s development?
1.5 THE STUDY’S IMPORTANCE
This study is significant for students because they will learn that business education provides them with the necessary skills to make them relevant in the workplace. Parents would also value the subject as a career option for their children in the future.
It will raise awareness of the government’s educational philosophy, which is to foster the worth and development of the individual for the sake of each individual and the overall development of society.
This research will be
It is important to the academic community because it will add to the existing literature.
1.6 THE STUDY’S OBJECTIVE
The will investigate various ways in which business education can contribute to national development. The research will also look into the difficulties that Business Education faces in achieving national development. The study will look into how to improve business education in order to help Nigeria develop. As a result, the scope of this study will be limited to Cross River State.
1.7 THE STUDY’S LIMITATIONS
The researchers encountered minor constraints while conducting the study, as with any human endeavor. Inadequate funds tend to impede the researcher’s efficiency in locating relevant materials, literature, or information, as well as in the data collection process (internet, questionnaire, and interview), which is why
The researcher chose a sample size that was moderate. Furthermore, the researcher will conduct this study alongside other academic work. As a result, the time spent researching will be reduced.
1.8 DEFINITIONS OF TERMS
Business education: instruction in subjects (such as business administration and finance) that aid in the development of general business knowledge.
Development: the process of creating or being created.
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