This research tends to examine the effect of business stress on the
performance of small scale enterprenuer with scope covering One hundred
business owners across Lagos State.
A survey design was employed, with the use of simple random sampling
technique one hundred business owners were sampled in Lagos state.
Data were gathered with the used of a well structured questionnaire
which were distributed to one hundred business owners. These data were
analysed and presented on table in percentile.
Five hypotheses were formulated and tested with the use of Chi-Square
analysis.The analysis resulted to rejecting all null hypotheses and
accepting the five hypotheses.
It was concluded that there is significant relationship between
business stress and business performance, there is significant
relationship between business stress and work motivation and there is
significant relationship between business stress and marital status.
Recommendations were poffered to these business owners.
TABLE OF CONTENTS
1.2 Statement of the Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Research Hypotheses
1.6 Research Methodology
1.7 Significance of the Study
1.8 Scope of the Study
1.9 Limitations of the Study
CHAPTER TWO: LITERATURE REVIEW
2.2 Work Motivation and the Performance of Small Business Entrepreneurs
2.2.1 Theories of Motivation
220.127.116.11 Content Theories of MotivationProcess Theories of Motivation
2.2.3 What Motivates Employees
2.2.4 Methods of Motivation
2.3 Social Support and the Performance of Small Business Entrepreneurs
2.3.1 Forms of Social Support
2.4Unmet Expectations and the Performance of Small Business Entrepreneurs
2.5 Professional Conditions and the Performance of Small Business Entrepreneurs
CHAPTER THREE: RESEARCH METHODOLOGY
3.2 Research Design
3.3 Population and Sampling of the Study
3.4 Research Instrument
3.5 Method of Data Collection
3.6 Method of Data Analysis
CHAPTER FOUR: DATA PRESENTATION, ANALYSIS AND INTERPRETATION OF RESULTS
4.2 Descriptive Frequency Analysis of the Instrument
CHAPTER FIVE: SUMMARY, CONCLUSION, AND RECOMMENDATIONS
1.1 BACKGROUND TO THE STUDY
This study focus on how stress affects the performance of small
business entrepreneurs in Nigeria. Before now, entrepreneurs have been
recognized as an essential ingredient of economic development. The
manner it has been explained in the Western societies has varied from
time to time to suit the changing values of socio-economic reality.
To Schumpeter (1961), an entrepreneur is a dynamic agent of change,
or the catalyst who transformed increasingly physical natural and human
resources into corresponding production possibilities. For any economy
to grow and develop there is need for entrepreneurship. Entrepreneurship
has been defined as the willingness and ability of an individual to
seek out investment opportunities, establish and run an enterprise
successfully. Over the years, several attempts have been made to explain
economic growth, within the past three decades or so, one factor which
has been emphasized as a pre-requisite to economic growth is
In the context of our society, an entrepreneur will be assumed to
include any person who runs a business. Thus, the man who owns a
departmental store, bookshop, beer parlour, printing press, beauty
saloon, publisher, manufacturer, wholesaler, retailer etc is an
entrepreneur (Nwachukwu, 1990) small and medium scale business owners in
this country have on their own made immense contribution to the
development of the national economy over the year.
On the other hand, despite the contributions made by entrepreneurs to
the economy they are often faced with some problems which include:
v High Degree of Business Uncertainty:
Entrepreneurship development is faced with high level of uncertainty
associated with enterprise ownership, there is constant threat of
government interventions, political instability and degrees etc. Because
of these, one has to expect changes in monetary policy, credit policy,
v Limited Profit Opportunities: This is as a result
of low level of real income and limited market, even now, the situation
is the same with economic depression and most business enterprise are
folding up because they cannot break even what more making profit.
v Problem of Power Supply: Power failure possesses a lot of problem for entrepreneurs which make them spend more for alternative resources.
v Insufficient Capital: Most entrepreneurs find it
difficult to borrow from banks, because of the processes involved and
because of this reasons, he/she has limited resources to work with.
Other problem encountered by entrepreneurs include family problem,
emotional problem, work overload, cultural barrier, work insecurity,
work pressure, high cost of materials etc.
All these and lots more causes problem for small scale business
owners which might lead to stress. The effect of stress in the work
place can be sometimes serve that same researchers have been prompted to
equate it effect with “combat stress” or battle fatigue.” (Nelson et
al). stress lowers individual and organisational performance which lead
to both production and quality suffering (Nelson and Quick, 1996).
1.2 STATEMENT OF THE PROBLEM
Stress in the workplace is a growing problem with extensive cost to
individual, organisations and the society at large. Often times, small
business owners are faced with high level of stress, this is because
work and its demand often dominate their lives (Jamal, 1997), clear
separation between work and non-work activities are frequently
non-existence, moreover, an average work day can easily extend to 12
hours or longer (Jamal and Badawi, 1995).
Although many industrialised nations and their citizens might be
enjoying the frit of their industrial revolution through ever-higher
standard of labour they are enjoying these fruits less than was
anticipated. This may be due to large measure to the excessive level of
stress in their lives (Karasek et al.,) stress is widely accepted as a
potential drawback of small business owners (Akande, 1992 et al).
Therefore, this study will examine how stress affect the performance
of small business entrepreneurs and also evaluate the problems
associated with stress in business and probably suggest solutions.
1.3 OBJECTIVES OF THE STUDY
The objectives 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 motivation 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 expectation on the performance of small business entrepreneurs
v To determine the impact of autonomy in the performance of small business entrepreneurs.
1.4 RESEARCH QUESTIONS
This research would be guided by the following questions, and hypothesis
- How does stress affect the performance of small scale business?
- How often do you experience business stress?
- What are the causes of business stress?
- What measure can be taken to over-come business stress?
- How do businessstress contribute to the failure of Small-scale businesss?
- In what way does stress affect ones performance?
1.5 RESEARCH HYPOTHESES
To provide answer to the research questions arising from this study, the following hypotheses are postulated.
Ho: There is no significant relationship between business stress and business performance
H1: There is significant relationship between business stress and business performance
Ho: There is no significant relationship between business stress and negative affectivity
H1: There is significant relationship between business stress and negative affectivity
Ho: There is no significant relationship between business stress and work motivation
H1: There is significant relationship between business stress and work motivation
Ho: There is no significant relationship between business stress and marital status
H1: There is significant relationship between business stress and marital status
Ho: There is no significant relationship between business stress and the numbers of years in business.
H1: There is significant relationship between business stress and the numbers of years in business
1.6 RESEARCH METHODOLOGY
The study is based on primary data collected using a structured
questionnaire which was basically structured questions relating to the
objectives use study. Chi-square was being employed to analyse the
1.7SIGNIFICANCE OF THE STUDY
Numerous studies has explored the causes of occupational stress and
these include: the pressures, job dissatisfaction, job insecurity, poor
supervision, boring repetitive work, work over load, lack of
communication, too much or too little responsibility, poor work/life
balance etc (Kaal, 1973). Little is known on how work motivation,
social support and collegiality help to reduce the impact of stress on
performance of small business entrepreneurs, and how unmet expectation
also affects their performance.
This research therefore helps to advance the researchers knowledge in
respect to the topic and also enable her contribute to the finding of
solution to the problem for which the research is based.
1.8SCOPE OF THE STUDY
The scope of the study is limited to some particular businesses such
as the Mechanical/Autorical, Transport Service, Business Venture/Bulk
Sales (Antisan). This is to say that the study is restricted to some
selected workers and some business eexecutive in Yaba Area of Lagos
1.9LIMITATIONS OF THE STUDY
In the course of the study, there were some set backs that have
hindered the full realisation of the objective of this study. First, is
that the study is limited to only 100 business owners 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 therefore fail to
fill their questionnaires promptly, while some collected the
questionnaires and refuse to return them thereby reducing the total
number of questionnaires distributed.