Effect Of Business Stress On The Performance Of Small Scale Enterpreneur

Effect Of Business Stress On The Performance Of Small Scale Enterpreneur

Abstract

This exploration tends to examine the effect of business stress on the performance of small scale enterprenuer with compass covering One hundred business possessors across Lagos State.

A check design was employed, with the use of simple arbitrary slice fashion one hundred business possessors were tried in Lagos state.

Data were gathered with the used of a well structured questionnaire which were distributed to one hundred business possessors. These data were analysed and presented on table in percentile.

Five suppositions were formulated and tested with the use of Chi- Squareanalysis.The analysis redounded to rejecting all null suppositions and accepting the five suppositions.

It was concluded that there’s significant relationship between business stress and business performance, there’s significant relationship between business stress and work provocation and there’s significant relationship between business stress and connubial status.

Recommendations were poffered to these business possessors.

Table Of Contents

Chapter One

Preface

Statement of the Problem

Objects of the Study

Exploration Questions

Exploration Hypotheses

Exploration Methodology

Significance of the Study

Compass of the Study

Limitations of the Study

Chapter Two Literature Review

Preface

Work provocation and the Performance of Small Business Entrepreneurs

Propositions of provocation

Content propositions of MotivationProcess propositions of Motivation

What Motivates workers

Styles of provocation

Social Support and the Performance of Small Business Entrepreneurs

Forms of Social Support

Unmet prospects and the Performance of Small Business Entrepreneurs

Professional Conditions and the Performance of Small Business Entrepreneurs

Chapter Three Exploration Methodology

Preface

Research Design

Population and Sampling of the Study

Research Instrument

System of Data Collection

System of Data Analysis

Chapter Four Data Donation, Analysis And Interpretation Of Results

Preface

Descriptive frequence Analysis of the Instrument

Chapter Five Summary, Conclusion, And Recommendations

Summary

Conclusion

Recommendation

References

Excursus

Chapter One

Preface

Background To The Study

This study concentrate on how stress affects the performance of small business entrepreneurs in Nigeria. Before now, entrepreneurs have been honored as an essential component of profitable development. The manner it has been explained in the Western societies has varied from time to time to suit the changing values of socio- profitable reality.

To Schumpeter( 1961), an entrepreneur is a dynamic agent of change, or the catalyst who converted decreasingly physical natural and mortal coffers into corresponding product possibilities. For any frugality to grow and develop there’s need for entrepreneurship. Entrepreneurship has been defined as the amenability and capability of an individual to seek out investment openings, establish and run an enterprise successfully. Over the times, several attempts have been made to explain profitable growth, within the once three decades or so, one factor which has been emphasized as apre-requisite to profitable growth is entrepreneurship.

In the environment of our society, an entrepreneur will be assumed to include any person who runs a business. therefore, the man who owns a departmental store, bookshop, beer parlour, publishing press, beauty taproom, publisher, manufacturer, wholesaler, retailer etc is an entrepreneur( Nwachukwu, 1990) small and medium scale business possessors in this country have on their own made immense donation to the development of the public frugality over the time.

On the other hand, despite the benefactions made by entrepreneurs to the frugality they’re frequently faced with some problems which include

v High Degree of Business query Entrepreneurship development is faced with high position of query associated with enterprise power, there’s constant trouble of government interventions, political insecurity and degrees etc. Because of these, one has to anticipate changes in financial policy, credit policy,etc.

v Limited Profit openings This is as a result of low position of real income and limited request, indeed now, the situation is the same with profitable depression and utmost business enterprise are folding up because they can not break indeed what further timber profit.

v Problem of Power Supply Power failure possesses a lot of problem for entrepreneurs which make them spend further for indispensable coffers.

v Insufficient Capital Most entrepreneurs find it delicate to adopt from banks, because of the processes involved and because of this reasons, he she has limited coffers to work with.

Other problem encountered by entrepreneurs include family problem, emotional problem, work load, artistic hedge, work instability, work pressure, high cost of accoutrements etc.

All these and lots more causes problem for small scale business possessors which might lead to stress. The effect of stress in the work place can be occasionally serve that same experimenters have been urged to equate it effect with “ combat stress ” or battle fatigue. ”( Nelson et al). stress lowers individual and organisational performance which lead to both product and quality suffering( Nelson and Quick, 1996).

Statement Of The Problem

Stress in the plant is a growing problem with expansive cost to individual, organisations and the society at large. frequently times, small business possessors are faced with high position of stress, this is because work and its demand frequently dominate their lives( Jamal, 1997), clear separation between work andnon-work conditioning are constantly virtuality, also, an average work day can fluently extend to 12 hours or longer( Jamal and Badawi, 1995).

Although numerous industrialised nations and their citizens might be enjoying the frit of their artificial revolution through ever-advanced standard of labour they’re enjoying these fruits lower than was anticipated. This may be due to large measure to the inordinate position of stress in their lives( Karasek etal.,) stress is extensively accepted as a implicit debit of small business possessors( Akande, 1992 et al).

thus, this study will examine how stress affect the performance of small business entrepreneurs and also estimate the problems associated with stress in business and presumably suggest results.

Objects Of The Study

The objects for this study include

v To determine the impact of business stress on the performance of small business entrepreneurs.

v To determine the impact of work provocation on the performance of small business entrepreneurs.

v To determine the impact of social support on the performance of small business entrepreneurs

v To determine the impact of collegiality on the performance of small business entrepreneurs

v To determine the effect of unmet anticipation on the performance of small business entrepreneurs

v To determine the impact of autonomy in the performance of small business entrepreneurs.

Exploration Questions

This exploration would be guided by the following questions, and thesis

How does stress affect the performance of small scale business?

How frequently do you witness business stress?

What are the causes of business stress?

What measure can be taken toover-come business stress?

How do businessstress contribute to the failure of Small- scale businesss?

In what way does stress affect bones performance?

Exploration Suppositions

To give answer to the exploration questions arising from this study, the following suppositions are supposed.

Thesis One

Ho There’s no significant relationship between business stress and business performance

H1 There’s significant relationship between business stress and business performance

Thesis Two

Ho There’s no significant relationship between business stress and negative affectivity

H1 There’s significant relationship between business stress and negative affectivity

Thesis Three

Ho There’s no significant relationship between business stress and work provocation

H1 There’s significant relationship between business stress and work provocation

Thesis Four

Ho There’s no significant relationship between business stress and connubial status

H1 There’s significant relationship between business stress and connubial status

Thesis Five

Ho There’s no significant relationship between business stress and the figures of times in business.

H1 There’s significant relationship between business stress and the figures of times in business

Exploration Methodology

The study is grounded on primary data collected using a structured questionnaire which was principally structured questions relating to the objects use study. ki- forecourt was being employed to assay the information collected.

Significance Of The Study

multitudinous studies has explored the causes of occupational stress and these include the pressures, job dissatisfaction, job instability, poor supervision, boring repetitious work, work over cargo, lack of communication, too important or too little responsibility, poor work life balance etc( Kaal, 1973). Little is known on how work provocation, social support and collegiality help to reduce the impact of stress on performance of small business entrepreneurs, and how unmet anticipation also affects their performance.

This exploration thus helps to advance the experimenters knowledge in respect to the content and also enable her contribute to the finding of result to the problem for which the exploration is grounded.

Compass Of The Study

The compass of the study is limited to some particular businesses similar as the Mechanical/ Autorical, Transport Service, Business Venture/ Bulk Deals( Antisan). This is to say that the study is confined to some named workers and some business eexecutive in Yaba Area of Lagos State, Nigeria.

Limitations Of The Study

In the course of the study, there were some set tails that have hindered the full realisation of the ideal of this study. First, is that the study is limited to only 100 business possessors compared to the large number of entrepreneurs in LagosState.

Also, there was a poor response by some entrepreneurs especially the Transport Service who less believe in paper work and thus fail to fill their questionnaires instantly, while some collected the questionnaires and refuse to return them thereby reducing the total number of questionnaires distributed.