ABSTRACT
This study, sets to investigate the role
of small scale enterprise on the economic development in Nigeria. The
introduction part of this study is contained in chapter one, extensively
dealt with the purpose of the study. Enumeration of problem in small
scale business in Nigeria.
In Chapter two, literatures related to
the study are reviewed. The review dealt basically with the historical
background of Alaba International Market, meaning, problem, planning and
launching of
small scale business in Nigeria e.t.c.
Chapter three was devoted for
questionnaire design and research methodology. The questionnaire
contains fifteen questions. Chapter four deals with data analysis
including the best of hypothesis. Three hypothesis were tested to draw
conclusion about the research work.
The hypothesis are:
Small business enterprises play vital
role in economic development small business enterprise create job in the
economic development small business enterprise in market are the engine
of economic development.
Chapter five embrace summary of finding, conclusions arrived at and recommendation base on the findings.
TABLE OF CONTENTS
CHAPTER ONE
INTRODUCTION
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Research hypotheses
1.6 Scope of the study
1.7 Limitation of the study
1.8 Significance of the study
References
CHAPTER TWO
LITERATURE REVIEW
2.0 Introduction
2.1 Historical origin of Alaba International market
2.2 Definition of small business enterprise
2.3 Types of small business enterprise
2.4 Role of small business enterprise
2.5 Problems of small business enterprises failure in Nigeria
2.6 Planning and launching of small business enterprises in trade fair
2.7 Marketing problems of small business enterprises in Nigeria
2.8 The Nigeria government participation in small business enterprise
References
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Introduction
3.2 Restatement of Research Question
3.3 Restatement of Research Hypothesis
3.4 Research Design
3.5 Population of the Study
3.6 Sampling Method
3.7 Sample Size
3.8 Source of Data
3.9 Data Analysis Methods
3.10 Validity and Reliability
3.11 Limitation of the Study
References
CHAPTER FOUR
DATA ANALYSIS, PRESENTATION AND INTERPRETATION
4.1 Introduction
4.2 Analysis of Age
4.3 Operational Data
4.4 Test of Hypothesis Testing
4.5 Step in Hypothesis Testing
4.6 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSIONS AND RECOMMENDATION
5.1 Introduction
5.2 Summary of Findings
5.3 Conclusion
5.4 Recommendation
5.5 Suggestion for Further Studies
Bibliography
Questionnaire
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
The impact of Small Scale Enterprises to
the development cannot be neglected in every economy, more especially
developing nations where sustainable economic development is highly
desirable small business enterprises have such a crucial impact to play
in the development of an economy in such a way that they cannot be
ignore.
According to Osuagwu (2001) small
business enterprises involves the use of human and non-human resources
towards the achievement of set goals and objectives. Small business
enterprises should form one of the development objectives they can serve
as a source of impact for multinational, thereby replacing existing
foreign resources, they are also training ground for local skill
ensuring a more equitable distribution of income and reducing the
migrating of manpower from the rural to the urban areas.
Small scale enterprises are crucial for
economic growth, poverty alleviation and wealth creation. In an economy
like Nigeria, small business enterprises has always been faced with
credibility problems, planners experience frustrations when they make
their forecast because they did not come out as forecast while no
business planners would dream of claiming :n fallibility the crucial
things among the business planner is not :or internal prediction are
right or wrong but what the forecast is able to produce.
Economic history is well stocked with
enough it sights into the humble beginnings of present great
corporation, evidence abound that almost all of the multinational giant
corporation in America Europe and even Nigeria were cottage enterprises,
growing as their industry grew and through their own sheer ability,
marketing skills, and effort to reproduce and produce existing products
better cheaply. Japan's economy was dominated by traditional industries,
cottage firms and by many SMEs, who drew their strength, not only from
the abundance of capital, but from the role of marketing in guaranteeing
the growth of small scale enterprise.
Small scale enterprises contributed
greatly to Nigerians development by the provision of employment,
marketing of goods and services and the growth and development of the
rural areas. It has also brought about the growth of indigenous
entrepreneurship in Nigeria.
1.2 STATEMENT OF PROBLEM
The ineffective and inefficient
performance of small scale enterprises as a result of poor environmental
forces in Nigeria necessitated this research. It is important to note
that all other management factors considered, the success or failure of
organization small scale enterprise is heavily dependent on
environmental influences.
Poor or inadequate knowledge of the
operating environment of small scale enterprise adversely affects the
performance, survival, growth and eventual success of small scale
business enterprises.
1.3 OBJECTIVES OF THE STUDY
- The extent to which is necessary for the government to support the small and medium scale enterprises.
- Examine the effectiveness and ineffectiveness of the various
government or environmental issues like financial institutions; power
sectors and level of corruption in the stage.
- To determine the role and importance of small and medium scale enterprises in the economic development.
1.4 RESEARCH QUESTIONS
In order to achieve the objectives of
this research study, the research study will attempt to provide answer
to the following research questions:
- What are the roles of small and medium scale enterprises on a economic development?
- How does small and medium scale enterprises create job in economic development?
- Are small medium scale enterprise in the market the engine of economic development?
- Howe does small and medium scale enterprises improve the standard of living?
1.5 RESEARCH HYPOTHESIS
Testing the following hypothesis will provide answers to the research questions:
1. Ho: Small scale enterprise does not play any role in the
economy development
Hi: Small scale enterprise plays a vital role in tie economy
development
2. Ho: Small scale enterprises does not create job
opportunities in the economy development.
Hi: Small scale enterprise creates job opportunities in the
economy development.
3. Ho: Small scale enterprise in the market are no: the engine
of economy development.
Hi: Small scale enterprise in the market are the engine
of economy development.
1.6 SCOPE OF THE STUDY
The research work will cover the role of
small scale on the economic development the scope of this research will
be limited to small scale enterprise in Alaba International Market.
1.7 LIMITATIONS OF THE STUDY
These are the constraints on the research work:
- Financial constraint: when research work suffers from insufficient fund to execute, it affects smoothness of the research work.
- Time constraint: in a situation where the time available for the
research work is short, this limits the effectiveness of collecting and
analyzing the research data.
- Attitude constraint: the research work can be negatively affected
where the experts and the others concern are not readily responding
adequately on the research work.
1.8 SIGNIFICANCE OF STUDY
This research work has the following significance:
- The study will be useful to the government for job creation.
- It will be useful to Nigerians who intends to evaluate the roles played by small scale enterprise on economy development.
- The research equally be a good reference material for future research on the topic.