The Effect Of Survival Strategies On The Performance Of Small And Medium Scale Enterprise

The Effect Of Survival Strategies On The Performance Of Small And Medium Scale Enterprise

Abstract

This exploration design is on the Effect of Survival Strategies on the Performance of Small and Medium Scale Enterprise with references( A Case Study of named Small Business in LagosSub-Urban). This exploration work is generally about the goods Survival Strategies on the Performance of Small and Medium Scale Enterprise. The design has shouldered the general preface into the exploration work led to the review of colorful literature that relates to the major variables involved in the exploration work especially Small and medium scale enterprises that speed up the rate of social profitable development of numerous countries, particularly developing countries. They serve as system for attainment of public ideal in terms of employment generation at low investment cost and also the development of entrepreneurial capabilities and indigenous technology. colorful studies conducted indicated about 50 per cent of small and medium scale enterprises surveyed didn’t admit external finance while 77 percent indicated demanded of access to fiscal coffers. The secret behind the success of a tone- reliant strategy in any frugality doesn’t lie solely in any particular socio- political or socio- profitable gospel, but so much on people’s station to small enterprises. The data collected were anatomized through the use of frequence distribution table and ki-square statistical tool to determine whether a number of proportions to be studied are equal. The yea and no scale would be used to dissect the data for the study, exploration questions would be anatomized using the chance analysis from the questionnaire retained. Base on the chancing Internal characteristics and problems of SMEs. utmost small and medium scale enterprises in Nigeria are battling with serious internal problem. There problem range from poor operation practices, lack of well planned marketing strategy, among other internal survival strategies and also reveals that with further government institutions in place similar as National Directorate of Employment( NDE), Small and medium enterprise development agency of Nigeria( SMEDAN), small and medium enterprises equity investment Scheme( SMEEIS) the performance of SME ’S will greatly ameliorate, it recommends that establishment of further artificial development centre( IDCs) according to finding will boost SMEs conditioning in the country Base on this, attention should be given to the development of further centres as this will aids in making the business terrain conducive for further investors and It’s a known fact that some small and medium scale enterprises are operating at a veritably bottomless position. thus, the need of authority concern at all position to consolidate trouble toward boosting their performance( SMEs), as it has been considered to be a catalyst for profitable growth and public development both in developed and developing countries.

Table Of Contents

Title Runner I

Instrument Ii

Fidelity Iii

Acknowledgements Iv

Abstract V

Table Of Contents Vi

Chapter One

Preface

Background To The Study 1

Statement Of The Problem 3

Objects Of The Study 4

Significance Of The Study 5

Reaches And Limitation 5

Description Of Terms 5

References 7

Chapter Two: Literature Review

Preface 8

Advantages Of Sse’s 11

Places Of Sse ’S In National Development 11

Problem Of Small Scale Enterprises 15

Conceptualizing Severance/ Employment 17

The Classical Proposition 17

The Keynesian Proposition Of Severance/ Employment 20

Other Propositions Of Employment 22

Economic Growth 23

Economic Growth And Development 24

Small And Medium Scale Smes Capacity Building In Nigeria 26

Strategy Conception And Adaption To Small Scale 28

Small And Medium Scale Smes Strategy For 30

Finances Of Small – Scale Enterprise 32

Small – Scale Diligence Credit Scheme 33

The Nigeria Bank For Commerce And 34

Industrial Development Center ( IDC) 35

The National Economic Reconstruction Fund (NERFUND) 35

Small And Medium Enterprises Loan Scheme 47

References 52

Chapter Three: Exploration Methodology

Preface 54

Paraphrase OF THE exploration QUESTIONS 54

The Population Of The Study 55

Sample Size And Testing Procedure 56

Source Of Data/ Method Of Data Collection 56

System Of Data Analysis 56

Chapter Four: Donation And Analysis Of Data Collected

Preface 58

Data Donation And Analysis 58

Testing Of Suppositions 68

Discussion Of Result 72

References 74

Chapter Five: Summary, Recommendations And Conclusion

Summary 75

Recommendations And Conclusion 78

Bibliography 81

Questionnaire 83