International Journal of Trend in Scientific Research and Development: Business Economics

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Showing posts with label Business Economics. Show all posts
Showing posts with label Business Economics. Show all posts

Saturday, 16 October 2021

A Conceptual Framework for Attitudes of Small Business Entrepreneurs

October 16, 2021 0
A Conceptual Framework for Attitudes of Small Business Entrepreneurs
This paper provided a conceptual framework for attitudes of small business entrepreneurs towards their work. The research methodology is qualitative approach. The results exposed small business entrepreneur expertise may also find its expression in the form of tacit knowledge. The transfer of tacit knowledge to co workers or successors is conditional upon its acknowledgement, identification and more detailed definition. Tacit knowledge is most clearly transferred through competence and attitudes that may be classified as affective. 
by Le Nguyen Doan Khoi | Nguyen Van Nhieu Em "A Conceptual Framework for Attitudes of Small Business Entrepreneurs" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Wednesday, 22 September 2021

Solutions for Creating Sustainable Competitive Advantage in Small Businesses

September 22, 2021 0
Solutions for Creating Sustainable Competitive Advantage in Small Businesses
In the globalization stage, all bussinesses exist for some purpose or goal, and managers have the responsibility for combining and using organizational resources to ensure that the organizations achieve their purpose. Strategic Management is a complex concept which has to do with an organization's scope and direction of activities, matching the activities with the environment and resource capability, as well as the values, expectations and goals of those influencing strategy. This research focused on small businesses, their features and dynamics in the course of making use of the tools and techniques in strategic management. It investigates how small businesses, in their course of building competitive advantage, make strategic decisions, and the factors related to the mere smallness of such businesses as affecting strategic choice are discussed.
by Dr. Le Nguyen Doan Khoi "Solutions for Creating Sustainable Competitive Advantage in Small Businesses" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Thursday, 9 September 2021

Performance Implication of Agricultural Transformation Agenda Support Program Phase 1 Atasp 1 A Southeast Nigeria Experience

September 09, 2021 0
Performance Implication of Agricultural Transformation Agenda Support Program Phase 1 Atasp 1 A Southeast Nigeria Experience
In a bid to revitalize the ailing agricultural sector in Nigeria, several programmes have been introduced by the government, one of such programmes is Agricultural Transformation Agenda Support Program Phase 1 Atasp 1 . Hence, this study was necessitated to look at the performance implication of the programme on participant farmers in Southeast Nigeria. The study specifically determined the effect of ATASP 1 interventions on the farm income of participants and ascertained the effect of ATASP 1 intervention on the farm profit of participants. A survey research design was adopted for the study. A total of 8,585 Rice 3248 and Cassava 5337 farmers are participating in the programme from Anambra and Enugu constituted the population for the study. A multi stage sampling technique was employed by the researcher. Taro Yamane sample size determination formula was further used to derive the sample size 730 of the study. R. Kumaison formula was adopted to allocate sample stratum for the study. Primary and secondary data were collected and used in the study. A combination of descriptive, regression and inferential statistics were utilized in data analysis. Results revealed that Pseudo R2 was 0.435 which implies that 43.5 variation in farmer's income was explained by the joint action of the programme interventions and that the Pseudo R2 was 0.300 which implies that the programme interventions explained 30.0 variation in the profit of farmers. Hence, it was concluded that ATASP 1 is a signifant and right step in the right direction to regalvanize the agricultural sector and give it the pride of place it desearves. Among others, the study recommended that there is a need for the programme to increase its efforts on financial market development intervention and that the programme implementers and policymakers are encouraged to increase their intervention in rural areas. 
by Johnpaul Chimnedum Onyekineso | Nwankwo Frank "Performance Implication of Agricultural Transformation Agenda Support Program Phase 1 (Atasp-1): A Southeast Nigeria Experience" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 



Effect of Agricultural Transformation Agenda Support Program Phase 1 Atasp 1 on Farmers' Performance in Southeast, Nigeria

September 09, 2021 0
Effect of Agricultural Transformation Agenda Support Program Phase 1 Atasp 1 on Farmers' Performance in Southeast, Nigeria

This study examined the effect of Agricultural Transformation Agenda Support Programme Phase 1 ATASP 1 on Farmers Performance in Southeast, Nigeria. It used a well structured questionnaire to collect data from a cross section of randomly selected 730 respondents. A combination of analytical tools such as descriptive statistics, Tobit and multiple regression analysis and inferential statistics were used for analysis. The study found that 56.6 of the farmers are males with an average age of 44 years, who are 87.8 married and have 10 years of formal schooling. Apart from over 19 years farming experience, the average 6 people per household is large enough to supply cheap family labour to the farmers. The study found out that the programme interventions are classified into three important components, which are infrastructure, financial market and commodity value chain development. It was also revealed that farmers adopted the following agricultural technologies the use of improved seed varieties, the use of ICT extension facilities, and keeping a good farm processing record to track changes, among others. The study, therefore, recommended among others, that the programme implementers need to be transparent in their disbursement and implementation of the project mandates and that there is a need to improve the literacy level of the farmers, as this will go a long way to improve their possibilities of technology adoption. 

Johnpaul Chimnedum Onyekineso | Nwankwo Frank "Effect of Agricultural Transformation Agenda Support Program Phase 1 (Atasp-1) on Farmers' Performance in Southeast, Nigeria" 

Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-6 , October 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd46407.pdf 

Paper URL : https://www.ijtsrd.com/management/business-economics/46407/effect-of-agricultural-transformation-agenda-support-program-phase-1-atasp1-on-farmers'-performance-in-southeast-nigeria/johnpaul-chimnedum-onyekineso


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Sunday, 15 August 2021

Performance Implication of Entrepreneurial Orientation in South Eastern Nigeria A Small and Medium Scale Enterprises Perspective

August 15, 2021 0
Performance Implication of Entrepreneurial Orientation in South Eastern Nigeria A Small and Medium Scale Enterprises Perspective

The performance of small and medium scale enterprises SMEs in Nigeria seem to be adversely affected as a result of poor entrepreneurial orientation, hence, the need to carry out this study to identify the extent of the relationship that exists between proactiveness and customers patronage of SMEs in South East, Nigeria. Survey research design was adopted for the study, with a target population of 35,535 SMEs in the study region. A sample of 396 respondents were selected through the application of Taro Yamane Formula. Data collection was carried out through a structured questionnaire, while the analysis of the collected data was handled using descriptive and inferential statistics. Hypothesis was tested 5 level of significance. The Result revealed that there is a positive significant relationship between the proactiveness of SMEs and customer patronage r= 0.55 p value 0.05 . The study, therefore, concluded that entrepreneurial orientation is a key part of the survival strategies of SMEs as the proactiveness of the SMEs go a long way in building confidence in customers and retaining their patronage. Sequel to this, it was recommended among others, that the management of small businesses should build their anticipatory capacity to be able to take proactive steps to remedy situations to avoid devastating effects in the future. 

By Chinedu Cosmas Onyemesi | Faith Chidi Onwuchekwa | Chike Kanayo Nwosu "Performance Implication of Entrepreneurial Orientation in South-Eastern Nigeria: A Small and Medium Scale Enterprises Perspective" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd43930.pdf 

Paper URL: https://www.ijtsrd.com/management/business-economics/43930/performance-implication-of-entrepreneurial-orientation-in-southeastern-nigeria-a-small-and-medium-scale-enterprises-perspective/chinedu-cosmas-onyemesi


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Thursday, 12 August 2021

Effect of Cooperative Membership on Needs Satisfaction among Staff of Tertiary Institutions in Anambra State, Nigeria

August 12, 2021 0
Effect of Cooperative Membership on Needs Satisfaction among Staff of Tertiary Institutions in Anambra State, Nigeria

With the growing recognition of cooperatives as a vibrant and viable economic alternative to alleviate hardship, it does appear that members’ needs satisfaction is yet to be met. This study, therefore, examined the effect of cooperative membership on needs satisfaction among staff of tertiary institutions in Anambra State, Nigeria. The population of study and sample size which was generated using the Taro Yamane formula was 6,647 and 377 cooperative members respectively. A multi stage sampling technique was used in selecting study participants. Data were sourced from a primary source. The generated data were presented and analyzed using descriptive statistics. The study hypothesis was tested using regression analysis. The findings revealed that 93 of the variation in physical needs of members is caused by the length of cooperative membership and frequency of cooperative patronage at a 5 level of significance. This study concluded that the length of cooperative membership and frequency of patronage enhances the actualization of the physical needs of members. Therefore, it was recommended among others that the cooperative societies should continue to strive in ensuring that members’ needs are reasonably met. In doing this, the cooperatives should possibly adopt a scale of preference approach in tackling members need. 

Enemuo Nnanyelugo Chukwubikem | Nwankwo Frank "Effect of Cooperative Membership on Needs Satisfaction among Staff of Tertiary Institutions in Anambra State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd43918.pdf 

Paper URL: https://www.ijtsrd.com/management/business-economics/43918/effect-of-cooperative-membership-on-needs-satisfaction-among-staff-of-tertiary-institutions-in-anambra-state-nigeria/enemuo-nnanyelugo-chukwubikem


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Entrepreneurial Orientation and Performance of Small and Medium Scale Enterprises SMES in South Eastern Nigeria

August 12, 2021 0
Entrepreneurial Orientation and Performance of Small and Medium Scale Enterprises SMES in South Eastern Nigeria

Ineffective and poor entrepreneurial orientation seems to adversely affect performance of small and medium scale enterprises SMEs in Nigeria. Thus, the study was designed to examine relationship that exists between entrepreneurial orientation and performance of SMEs in South Eastern Nigeria. The study adopted a survey research design. The target population of the study comprised of 35,535 SMEs in South East Nigeria with a sample of 396 respondents, arrived at using Taro Yamane Formula. Data was collected using structured questionnaire and analyzed using, frequency, percentage and mean. Pearson Product Moment Correlation Coefficient was used to test the hypotheses at 5 level of significance. Results indicated that there exist a strong positive relationship between strategic orientation and market expansion of SMEs r=0.76, p value 0.05 and that there exist a strong positive relationship between market orientation and market sustainability of SMEs business activities r=0.83, p value 0.05 The study concluded that entrepreneurial orientation has positive impact on the performance of SMEs in South East Nigeria and recommended among others that SMEs need to embrace entrepreneurial orientation, strategic orientation and market orientation, to improve business performance. 

Chinedu Cosmas Onyemesi | Michael Augustine Ikon "Entrepreneurial Orientation and Performance of Small and Medium Scale Enterprises (SMES) in South-Eastern Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-5 , August 2021, 

URL: https://www.ijtsrd.com/papers/ijtsrd43904.pdf 

Paper URL: https://www.ijtsrd.com/management/business-economics/43904/entrepreneurial-orientation-and-performance-of-small-and-medium-scale-enterprises-smes-in-southeastern-nigeria/chinedu-cosmas-onyemesi


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