Strategic Approach To The Management Of Small Business Enterprises In Nigeria

Strategic Approach To The Management Of Small Business Enterprises In Nigeria

ABSTRACT

A exploration was set out to estimate strategic approach as a operation tool for the small and medium enterprises with a view to help them achieve a more predictable and stable growth, over the long term. Emphasis had been directed on the trouble aspects, which utmost Small- scale Business enterprises had taken for granted. SMEs are also prompted to take a hard look at some of the strategic tools Finance, product, marketing and labor force which hadn’t gained important fashionability or acceptance.

Empirical substantiation in the forms of check exploration was espoused. In getting first hand information, samples of 50 repliers were drawn from a questionnaire conforming of twenty- two questions which were aimlessly named, published and administered to the entire hand as focus point. This still forms the main data collection instrument employed in the study. Data were sourced from different books on operation by notable authors, propositions applicable to the study were precisely examined, and views of different authors professionals were considered to attune the talkie exploration, in arriving at the final conclusions. Care was also taken to maintain neutrality, which could be fluently affected with the Research’s problems on the field. The conclusion is that strategic operation is largely applicable to Small- scale Business enterprises. And so long as due attention is paid to pitfalls and extremity running, the vulnerability of Small- scale Business enterprises should be reduced. That leaves only the last problem to deal with- time constraint among Small- scale Business enterprises which is said to be limiting their operation of strategic operation. To incompletely break the problem, the training andre-training of labor force, along some precedence and applicability guidelines, suiting to the operating reality of the Small- scale Business enterprises must be taking into cognizance. still, considering the universal laws of cause and effect, Small- scale Business enterprises must fete the ineluctability to apply as numerous ways as possible, in order to get the maximum results. To use time and workload as a accessible reason can frequently be a good defense for not strategizing; prostrating the temptation to do so leads to a more satisfying and satisfying adventure for the entrepreneurs. The choice is over to each SME.

Table Of Contents

Chapter One

Preface

Literal Background of the Study

Statement of Problem

Objects of Study

Exploration Questions

Exploration thesis

Exploration Methodology

Significance of the Study

Compass and Limitation of the Study

Description of Terms

References

Chapter Two

Literature Review

Preface

The Concept of Strategy

Strategies in Functional Areas

Finance Strategies

Product  Strategies

Marketing Strategies

Labor force Strategies

Strategic Management An- Overview

Small and Medium Enterprise and Overview

Part of Small Scale Business Enterprise in

Nigerian Frugality

Characteristic of Small Scale Business

Enterprises in Nigeria

Challenges of the Small Scale Business Enterprises

References

Chapter Three

Research Methodology

Research Design

Area of Study

Population of the Study

Determination of Sample Size

Instrument of Data Collection

Validity of Research Instrument

trustability of Research Instrument

System of Data Analysis

Chapter Four

Donation and Data Analysis

Data donation

Analysis and Discussion

Thesis donation

Chapter Five

Summary of Findings, Conclusion and Recommendation

Summary of Findings

Conclusion

Recommendations

Bibliography

Excursus